India’s economy will grow 7.3% in the current financial year and gain pace to 7.5% next year as the “temporary drag” from demonetization and the goods and services tax fades away, Fitch Ratings…
World Economy
Europe’s economy lost momentum in the first quarter as expansions slowed from France to the UK, threatening to undermine the global growth the continent previously helped power.
Most global stock markets followed Wall Street higher on Friday on strong US earnings, as investors watched the inter-Korean summit.
Singapore’s central bank sees “steady growth amid rising uncertainty,” holding onto projections for robust domestic and global demand in 2018 and betting that trade tensions won’t spoil the…
Several WTO members, including China, Russia, and Saudi Arabia, on Thursday expressed their concerns about the revised anti-dumping legislation of the European Union, which entered into force in…
More than 70 countries committed Thursday to bolster efforts in the fight against terrorism financing associated with Daesh (the Arabic acronym for the self-styled terrorist group Islamic State…
The Turkish Central Bank’s official reserve assets dropped to $110.3 billion in March, the bank announced on Friday, World Bulletin reported. “Official reserve assets recorded $110.3 billion,…
Taiwan’s economic growth eased slightly in the first quarter but remained robust, thanks to the strong overseas demand for technological components, MarketWatch reported. The island’s economy…
Japan’s industrial output rose more than expected in March, government data showed on Friday, but a large increase in inventories of electronic parts suggests manufacturers may have to cut…
The global economy is strengthening. A broad-based economic upturn has underpinned progress in many areas. But significant weaknesses and medium-term risks in the world economy continue to…
Europe may be about to let Greece out of the financial doghouse, yet the wrangling is set to escalate over the terms and conditions. Finance ministers from the euroland meet in Sofia, Bulgaria,…
Alarms have been ringing over recent weeks about possible Asian aftershocks from a trade war between America and China. Much of this is overblown, given the regional knock-on effect of…
Growth slowed in the first quarter, indicating French President Emmanuel Macron’s economic honeymoon is coming to an end, and raising questions over the long-term strength of the eurozone’s…
New Zealand’s goods trade deficit reached a near 10-year high in the March 2018 quarter, Stats NZ said Friday. The goods trade shortfall reflects high fuel imports and a fall in dairy, meat and…
Argentina says it received 32 bids for six road projects requiring around $8 billion in investment, in a big test of how public-private partnerships can help cash-starved Latin American…
Illicit trade in any of its forms—tobacco, pharmaceuticals, diamonds, timber, ivory and oil—sits at the nexus of two social-economic disorders that challenge global stability.
Switzerland’s investor confidence deteriorated further in April, survey data from the investment bank Credit Suisse and the CFA Society Switzerland showed Wednesday.
Goldman Sachs has outdone itself this time. That’s saying a lot for an investment firm that both helped cause and then exploited a global economic meltdown, increasing its own wealth and power…
Consumer confidence in South Africa touched an all-time high in the first quarter of 2018, as positive political and economic developments made consumers much more willing to spend. AllAfrica…
Kenya’s economy grew by 4.9% last year from 5.9% in 2016, the national statistics office said on Wednesday, Reuters reported. The economy was hobbled by a severe drought in the first quarter…
Finnish economic growth is set to keep its strong path this and next year, but the upward trend will be at a standstill after a couple of years, said Nordea Bank on Tuesday.
India’s revamped bankruptcy process is in full swing and investors from Blackstone Group LP to Oaktree Capital Group LLC are salivating over an estimated $210 billion of stressed assets that are…
No news is good news at Lloyds Banking Group Plc as it continues on its path to being a leaner UK retail bank. Britain’s largest mortgage lender said first-quarter pretax profit increased 23% to…
Goldman Sachs has outlined three conditions that will allow Greece to successfully access debt markets in future, IBNA reported.
In a report, Goldman analysts point out that markets will…
The US' Congressional Budget Office warned earlier this month that the country will start running $1 trillion deficits in 2020, and that the national debt will be nearly as large as the economy…
