World Economy

The German economy expanded markedly in the fourth quarter of 2014, with growth accelerating sharply compared with the marginal increase recorded in the third quarter.

Markit’s PMI data…

Indonesia posted a higher-than-expected trade surplus in January as global oil prices slumped, government data showed Monday, Bloomberg reported. Southeast Asia’s biggest economy saw exports slide…

During 2014, the EU trade in goods balance with the rest of the world recorded a surplus of 24b euro, compared with 51.8b euro in 2013, KUNA reported. The euro area trade in goods with the rest of…

The tech guru whose predictions are closely followed by Silicon Valley luminaries has some thoughts about what to expect in 2015.

The EU turns to stock and bond markets this week with reform proposals intended to help companies raise the cash needed for growth-boosting investments, hoping to emulate the more active capital…

The world’s fifth-largest country and Latin America’s largest economy, Brazil, is an important American trading partner.

Fears that Britain could sink into a damaging “deflationary spiral” have stayed the hands of Bank of England policymakers who had pushed for an early interest rate rise, monetary policy…

A multinational gang of cybercriminals has stolen as much as $1 billion from as many as 100 financial institutions around the world in about two years, Russian computer security company Kaspersky…

Egypt sold dollars at 7.53 pounds per dollar on Sunday, the eighth central bank auction this month, as the pound weakened slightly on the black market, Ahram Online reported. The bank began…

Chief Economic Advisor Arvind Subramanian on Sunday said that India needed massive investment in clean energy to kick start the economy, BNN reported. He made the statement while speaking at the…

Britain’s biggest supermarket Tesco could cut up to 10,000 jobs as part of its attempts to halt a slide in profits, Reuters reported adding that the Sunday Telegraph said up to 6,000 positions…

Treasuries registered back-to-back weekly losses for the first time this year as a lessening of turmoil in Greece reduced demand for the safest assets and the outlook for higher US borrowing costs…

More than 90% of South Koreans believe the country’s economy has entered a state of depression, a survey showed Sunday, with many expecting current conditions to persist down the road, Yonhap…

Greece’s finance minister said Sunday he was confident a deal with the EU over the country’s loathed bailout could be found while warning the February 28 deadline may be too tight, AFP reported. “…

Jobless claims came in higher than expected last week, but not enough to cause a big ripple in the country’s improving jobs market, Industry Week reported. The latest numbers from the US Labor…

Six and a half years after the global financial crisis, central banks in emerging and developed economies alike are continuing to pursue unprecedentedly activist — and unpredictable — monetary…

Concerns are growing over the health of the Turkish economy, long seen as a star performer among emerging markets, partly due to unorthodox statements by President Recep Tayyip Erdogan on economic…

China expects its cross-border capital flows to remain volatile this year after outflows accelerated in the fourth quarter of 2014, the country’s forex regulator said on Sunday.

Pakistan and China vowed to expedite work on the China-Pakistan Economic Corridor during a meeting between Pakistani Prime Minister Nawaz Sharif and visiting Chinese Foreign Minister Wang Yi.

The S&P 500 on Friday closed at a fresh record high, while the Dow ended above 18,000 for the first time in 2015 following positive economic data out of Germany.

As was widely expected by markets, the European Central Bank, or ECB, has started quantitative easing, or QE. What the markets couldn’t predict, however, was the size and scope of the program…

World’s second-largest maker of aircraft engines had already cut its 2015 forecasts in October.

British engineer Rolls-Royce has warned profits this year could fall by as much as 13% on top…

At the beginning of this year, Indonesian President Joko Widodo cut long-standing government-funded fuel subsidies.

In the past, protests and even riots have followed price increases, but…

Generali Investments Europe (GIE) has stated in a recent note that the quantitative easing program launched by the ECB will “set the tone for financial markets for quite some time to go.”

The European Central Bank has given Greece a €5 billion ($5.7b) lifeline in the form of additional emergency loans to Greek banks, bringing the total to €65 billion. They could go bust if the EU…