Thailand’s central bank said the country’s military government should use revenue and spending tools to stimulate the recovering economy before turning to monetary policy, dampening expectations…
World Economy
US stocks posted a fourth straight week of increases but ended little changed as losses in healthcare shares offset gains in energy.
Apple shares rose 1.2 percent to $114.18, another record…
Gold prices are set to drop next week with the yellow metal expected to continue battling a stronger US dollar, buoyed by the strengthening US economy.
Traders will track…
The economy of Ukraine is a mess. By year’s end it will have shrunk by 10%. The east of the country, where the conflict with Russian separatists has raged, has seen billions of dollars’ worth of…
Eurozone economic growth remains at a snail’s pace, but was stronger than expected in the period from July to September and it seems Greece is out of its six-year long recession.
Feuding G20 leaders found common ground on Saturday in vowing to "extinguish" the Ebola outbreak as they worked to revamp the global economy at a summit marked by discord over Ukraine and climate…
India’s Tata Motors reported a surprise drop in quarterly net profit, hit by heavy investment at its British luxury subsidiary and higher taxes, AFP reported. Consolidated net profit slipped to 32…
Cyprus’s recession-hit economy contracted by 0.4% in the third quarter, matching the drop of the previous three months, official figures showed, AFP reported.
China has signed agreements worth $7.8b with neighboring Myanmar, as Beijing continues to assert its growing economic clout in Southeast Asia. Deals overseen by Chinese Premier Li Keqiang and…
South Korea and New Zealand agreed to a free trade deal Saturday on the sidelines of the G20 summit in Brisbane, ending five years of negotiations, New Zealand Prime Minister John Key said. Key…
Fuel-cell technology is becoming cheaper and will be commercially viable for mass use in cars by 2025, a senior executive at auto industry supplier Robert Bosch said, according to a Reuters report…
Pakistan Prime Minister Nawaz Sharif was recently in China to attend the Asia-Pacific Economic Cooperation (APEC) meetings, although the high point of his visit was not the APEC conference but his…
China on Saturday urged BRICS nations to speed up the creation of a development bank as an alternative to the Western-dominated global financial system.
The World Trade Organization said there was a "high probability" that a major deal on streamlining global customs rules will be implemented within two weeks after India and the US overcame a key…
Fitch ratings agency revised the outlook on Belgium from stable to negative, criticizing the country's efforts to tackle public debt.
The revision means the agency could in the medium term…
Energy giant Exxon has ceded its position as the world's second-largest public company to tech firm Microsoft, after concerns about the falling price of oil drove its shares down, BBC said. Exxon'…
Armenian Prime Minister Hovik Abrahamyan said he is convinced that the accession to the Eurasian Economic Union will have a positive impact on the economic development. “There is a possibility of…
The federal government’s budget gap widened in October, the Treasury Department said on Thursday.
In October, the deficit was $122 billion, an increase of $31 billion, or 34 percent, from…
Asian markets ended mixed on Friday, but shares in Japan continued their recent strong run.
The Nikkei hit 17,520 - its highest intraday level since July 2007 - before closing at 17,490.83…
India and the US have resolved their disagreements on food security issues – a major victory for India – paving the way for the implementation of a global trade pact.
The deal to simplify…
China’s economy is clearly slowing, with limited payoff from recent measures aimed at boosting growth. Still, as recent statements by top officials show, Beijing is far from panicking.
World leaders are arriving in Australia for the G20 summit in the Queensland city of Brisbane. The two-day summit, the ninth meeting of the G-20 heads of government, attended by the US,…
US ratings agency Standard & Poor’s has given the debt of social media giant Twitter the rating “junk”, BBC reported.
S&P said Twitter’s $1.8 billion September debt issue were…
The Swiss National Bank (SNB) will keep its cap on the Swiss franc in place as it is still warranted by the current economic environment, its vice-chairman said, Reuters reported. “The cap is…
Kyrgyzstan’s accession to the Eurasian Economic Union (EEU) will considerably raise its investment attractiveness, Russian presidential aide Sergey Glazyev said, Itar Tass reported. Kyrgyzstan’s…
