Thailand’s top four banks produced aggregate net profit of 37.92 billion baht ($1.21 billion) for the first quarter ended in March, slipping 2.6% on the year as total lending grew only…
World Economy
Finance leaders from the Group of 20 major economies agreed that trade disputes pose a threat to global growth but did not produce concrete steps to tackle the issue after a two-day meeting that…
The United Nations has declared April 21 as the World Creativity and Innovation Day after 17 years and is being celebrated for the first time Saturday. The day is marked as “well positioned to…
Despite the generally favorable medium-term outlook, there are significant challenges facing Vietnam’s economy this year, say senior economists from the World Bank and the Asian Development Bank…
Energy market professionals estimate there is a 40% chance of the US economy entering recession before the end of next year, rising to a little over 50% before the end of 2020.
The…
China’s ZTE Corp. blasted the US government decision to impose a seven-year ban on its purchases of crucial American components, calling the move “extremely unfair” and “unacceptable”.
Philippines inflation has accelerated to 3.8% during the first quarter of 2018 due to the uptick in prices of food items in light of the tax reform law. In a press conference in Manila on Friday…
The National Bank of Ukraine has said real GDP increased to 2.3% year-over-year in the first quarter of 2018. “Real GDP increased 2.3% yoy in Q1 2018, according to the NBU’s estimates. Domestic…
Turkish consumer confidence index rose in April compared with the previous month, the Turkish Statistical Institute said on Friday. Confidence among consumers increased to 71.9 this month from…
The Swiss National Bank is in no hurry to change its ultra-loose monetary policy based on negative interest rates, Chairman Thomas Jordan said after the Swiss franc hit its weakest level in over…
Cuba’s new president has promised to modernize the country’s economy and make the government more responsive to its people, even as he pledged to uphold the values of the country’s socialist…
Members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or TPP 11, are eager to kick off the ambitious trade pact without the US, according to the head of the Asia-…
Russia’s Federal Antimonopoly Service plans to discuss efforts aimed at reducing administrative barriers for investing in the country’s port and airport infrastructure with foreign investors in…
The International Monetary Fund has delivered a blunt message to the Omani government, following its latest review of the economy. In a statement issued on Thursday, following a 13-day visit to…
India will claim the top spot among the world’s fastest-growing major economies this year, but rising trade tensions between the United States and China may restrain that growth, a Reuters poll…
The world’s most widely traded currency pair is stuck in its deepest rut since 2014. With few signs it is poised to shake the malaise anytime soon, traders are being forced to get creative.
Bank of Japan Governor Haruhiko Kuroda said the rising tide of protectionism is emerging as a more imminent risk to Japan’s economy, issuing his strongest warning to date of the damage trade…
Takeda Pharmaceutical confirmed Thursday that it seeks to buy Shire, though the Irish drugmaker—whose market value trumps that of its Japanese peer—agreed only to talks with the suitor after…
Be patient when it comes to gold, says one analyst, projecting a rally in the second quarter of 2018, led by strong physical demand and weaker US dollar, Kitco reported.
The International Monetary Fund expects economic growth in Egypt to reach 5.2% in 2018 and 5.5% in 2019, according to its new World Economic Outlook report. The report moreover forecasts growth…
Turkey’s economic growth will fall short of the government’s target this year, a Reuters poll showed on Wednesday, even as President Recep Tayyip Erdogan’s ruling party continues to implement…
The Circular Economy package, with recycling targets and other requirements, has been formally agreed on Wednesday by the European Parliament with only final approval needed by ministers before…
A year-long wave of optimism over Brazil’s long-term economic prospects may be fading as skepticism grows over the fate of structural reforms after this year’s presidential elections, according…
Mastercard has filed a patent that reveals it might utilize blockchain as a way to protect identity data.
Shares rose on Tuesday and the dollar gained 1 percent against the yen after China said its economy had not slowed as much as many in markets had feared.
