World Economy

  • Taken at face value India will post robust quarterly growth figures on Monday, but changes in the way Asia’s third largest economy is measured has left analysts and the government’s own chief…

    World-Economy
  • Copper prices edged lower on Monday, after disappointing Chinese trade data added to speculation that policymakers in Beijing may implement further stimulus measures, Investing.com reported Monday…

    World-Economy
  • With the oil sector contributing little growth, Saudi Arabia’s real GDP growth is expected to grow by 2.6 percent in 2015 before dropping to 1.5 percent next year, a report said.

    Meanwhile…

    World-Economy
  • Germany posted a record current-account surplus in 2014, setting the stage for renewed international calls to address its economic imbalances.

    World-Economy
  • Banking giant HSBC faced damaging claims on Monday that its Swiss division helped wealthy customers dodge millions of dollars in taxes after a ‘SwissLeaks’ cache of secret files emerged online.…

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  • The slump in commodities to the lowest in more than a decade is likely to spark a surge of deals this year by mining-focused private equity groups that have so far bided their time on the…

    World-Economy
  • Industrial production in Turkey rose less-than-expected last month, official data showed on Monday, NewsNow reported. Turkish Statistical Institute said that Turkish industrial production rose to…

    World-Economy
  • Taiwan’s exports grew faster than expected in January, while imports slid on lower oil prices, providing a decent start to a year filled with uncertainties as to whether the island’s key tech…

    World-Economy
  • A crippling financial crisis in Ukraine is turning the clock back to the 1990s, when people kept dollars in their socks rather than at banks and smuggled cars to sell them on the black market and…

    World-Economy
  • Russian journalists and other media employees are likely to be among the worst affected by the ongoing economic slump, with many set to lose their jobs as advertising…

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  • The economy has lost its growth momentum because the government has no clear directions in its fiscal policies, economists said Sunday.

    They said the administration should reform the tax…

    World-Economy
  • China registered a record trade surplus last month as imports plunged on falling commodity prices and weak domestic demand.

    World-Economy
  • In a famous 1937 essay, the economist Ronald Coase argued that the reason western economies are organized like a pyramid, with a few large producers at the top and millions of passive consumers…

    World-Economy
  • Deflation, deflation, deflation. It was the doomsday mantra of 2014, and nowhere was it sung louder than in growth-starved Europe. As of just a few weeks ago, economists surveyed by Bloomberg…

    World-Economy
  • Australia faces a A$17 billion ($13.3 billion) exodus of investment from its windfarm industry because of a political deadlock, threatening to deal the country a major economic blow and kill hopes…

    World-Economy
  • US agricultural exports to Cuba fell below $300 million last year for the first time since 2003 as the island’s financial woes continued and it purchased food on credit elsewhere, a trade group…

    World-Economy
  • Following a slowdown in 2014, there is more evidence gathering that the German economy is really gaining momentum, investigating.com reported. Surveys across the board, such as ifo, PMI, ZEW and…

    World-Economy
  • Greece’s new leftist-led government, isolated in the eurozone and under pressure from the European Central Bank, said it wanted no more bailout money with strings attached from the European…

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  • The Swiss National Bank had no option but to exit its minimum exchange rate policy as “the international environment had changed,” said SNB head, Thomas Jordan, citing the ECB’s new QE…

    World-Economy
  • While the US economy grew 2.6% in the fourth quarter, what most reports don’t mention is that 20% of that growth was health-care spending. And the majority of that spending was taxpayer-…

    World-Economy
  • Abu Dhabi’s Khalifa Port, built on a man-made island, posted 26 percent year-on-year growth in container volumes after it attracted more shipping lines, its operator said on Sunday.

    Khalifa…

    World-Economy
  • The world’s youth unemployment rate may be “six or seven times” what the International Labor Organization’s (ILO) latest figures state, according to a global youth advocacy group.

    The ILO…

    World-Economy
  • After an unsteady year in 2014, capital flows to emerging markets (EMs) are likely to remain volatile in 2015. Significant adjustments to global financial conditions in 2014 included a large drop…

    World-Economy
  • North Korea’s crop harvest last year was the highest since the mid-1990s, when famine and general economic crisis hit the country, a private South Korea-based agricultural think tank said.

    World-Economy
  • Cross-border lending is growing in the euro zone for the first time since the bloc’s financial crisis prompted banks to retreat from highly indebted countries such as Spain, Greece, Ireland and…

    World-Economy