World Economy

India’s foreign-exchange reserves rose to a record as policy makers looked to protect the economy against outflows from a probable increase in US interest rates.

Holdings climbed $2.7…

Spanish Prime Minister Mariano Rajoy’s government estimates the economy will have expanded by 1.4% in 2014 and will grow by 2.0 percent in 2015, a faster growth rate than is expected in France,…

Canadian Prime Minister Stephen Harper is playing down the impact of energy on the overall Canadian economy, noting that other sectors will help keep growth strong during hard times for the oil…

Unemployment in Taiwan fell to a seven-year low in 2014, indicating that the job market had stabilized as the economy improves, AFP said. The jobless rate sat at 3.96% at the end of the year, the…

(P)GCC governments will be able to use huge financial reserves built up in past years to keep state spending high, ensuring economic growth at least through 2016, a report said.

The West’s anti-Russian sanctions may give an impetus to the Russian-Chinese business cooperation, including in the financial sphere, a senior Chinese official told journalists on Friday.

The European Central Bank on Thursday launched its most aggressive effort to date to revive the region's ailing economy — a program to buy 1.1 trillion euros in government and private bonds…

With China set to usher in the Year of the Sheep next month, analysts are taking a downbeat view of the Chinese economy, but perversely they are upbeat on Chinese stocks.

South Korea’s economy slowed sharply in the final quarter of 2014, with growth hovering around six-year lows, knocked by weak government spending and global demand and heaping pressure…

Switzerland would have had to spend more than $100b this month alone if it had continued efforts to hold down the value of its currency, AFP said. In a shock move a week ago, the Swiss National…

Toyota sold 10.23 million vehicles last year, it said Wednesday, outpacing General Motors and Volkswagen to remain the world’s biggest automaker, but a shaky outlook for 2015 could see it lose the…

Egyptian asset management, corporate finance and investment banking firm, Cairo Financial Holding (CFH), has raised its growth forecasts for Egypt’s GDP.

U.S. stock-index futures signaled a softer open on Wednesday as investors face another day of big-name technology and bank earnings, amid speculation that the European Central Bank will…

The world’s elite got down to business on the first day of the World Economic Forum on Wednesday, in the tiny Alpine town of Davos, Switzerland.

Iranian President Hassan Rouhani’s…

Russia faces an uphill task to avoid a downgrade of its sovereign credit rating below investment grade because the government hasn’t yet committed to overhauling the economy, according…

The Russian government is preparing to launch an “anti-crisis program” to tackle the country’s stalled economy and depreciating currency that will cost 1.375T rubles ($21b), deputy prime minister…

Gold climbed above $1,300 an ounce on Wednesday for the first time since August as a softer dollar, worries over the global economy and hopes of stimulus measures from the European Central Bank (…

Sterling showed some strength during early trades of Wednesday helped by the overall dollar weakness, but with the Bank of England minutes due on the hour, the UK currency stood not far away…

The Bank of Japan (BoJ) has slashed its inflation forecast on the back of the oil price, WM reported Wednesday. The Bank reduced the forecast for the year beginning in April to 1% from the 1.…

New Zealand consumer prices fell for the first time in two years as fuel slumped, giving Reserve Bank Governor Graeme Wheeler scope to keep borrowing costs on hold for an extended period…

The euro remains under pressure amid mounting expectations that the ECB will launch a government bond-buying program at its meeting on Thursday, in a bid to stave off the threat of deflation in…

Global investors have put some of their cash to work in spite of a more downbeat assessment of global growth and corporate profits, a report said.

Investors have regained a muted risk…

The Swiss currency shock has raised an awkward question many investors have been fearful of asking – what if central banks become as unpredictable and fallible as they are powerful?

Base metals trading on the Shanghai Futures Exchange ended higher on Wednesday as easing prospects by central banks continue help metal prices consolidate even as global growth prospects remain…

Brazil will likely keep its aggressive pace of interest rate increases on Wednesday to rein in surging prices despite growing fears the once-thriving economy could plunge into…