The long-discussed Trans-Pacific Trade Agreement (TPP), which will strengthen ties between the 12 nations of the Pacific Rim that constitute roughly 40 percent of the world economy is…
World Economy
Confronted with declining exports to European Union (EU) nations and reduced exports to Russia due to sanctions, the German government is pushing for an expansion of trade with China. The demand…
During bouts of risk aversion, emerging-market bonds aren’t usually at the top of investors’ buy lists. Yet Mexico’s 100-year bond – the longest maturity on sovereign debt in the world – jumped by…
The Russian government has supported a bill on de-offshorization, says a report posted on the website of the Cabinet of Ministers on Saturday.
Singapore’s inflation data took economists by surprise yesterday, and not just because it was the slowest pace in seven months. The jolt came from the source of the easing -- a health care subsidy…
An ILO initiative in the South African Free State province encourages young entrepreneurs to come up with innovative ideas as a way of helping them set up successful businesses.
When Tebang…
The global economy is being undermined by sanctions, and the West is essentially sawing the branch it is sitting on, Russian President Vladimir Putin said. Sanctions undermine the rules of the WTO…
Ukraine will lose $17 million until the end of this year from Russia’s ban on crop imports from the former Soviet republic as of Oct. 22, Ukrainian Agrarian Policy and Food Minister Ihor Shvaika…
Russia and Tajikistan are engaged in negotiations on the republic’s accession to the newly-formalized Eurasian Economic Union (EEU), Russia’s parliamentary upper house speaker Valentina Matviyenko…
Italy’s Matteo Renzi, a vocal critic of German-inspired austerity, blanked European Union calls to respect the spirit of back-room negotiations as he shifted his rhetoric up a gear in the bloc’s…
A European Union accounting change has improved Cyprus’s public-finance outlook more than any other euro-zone nation, raising the prospects it will exit a bailout program ahead of schedule and…
Automaker Ford Motor Co. on Friday reported a 34 percent decline in profit for the third quarter from last year, reflecting lower revenue and volume, RTTNews reported. Ford noted that North…
One of the few remaining examples of Apple Inc’s first pre-assembled computer, Apple-1, sold for $905,000 at an auction in New York, far outstripping expectations.
Lebanon is planning a $1 billion economic stimulus package for 2015 to maintain growth and support an economy which has been hit by a three-year conflict in neighboring Syria, the central bank…
Saudi Arabia’s imports jumped an annual 19.6 percent in August, ending nine consecutive months of declines, while growth in non-oil exports accelerated to 22.2 percent, data from the Central…
Lawyers representing 73 Swiss banks seeking to avoid a tax-evasion probe by US authorities wrote a letter to the US Department of Justice raising questions over a dozen demands, including the…
Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated…
The UK has been told it must pay an extra £1.7 billion ($2.7b) towards the European Union’s budget because the economy has performed better than expected in recent years. The payment follows new…
Egypt could tap international bond markets to raise up to $1.5b next year to shore up its finances and is open to agreeing an International Monetary Fund loan package if needed, Finance Minister…
The dollar rose and Treasuries fell as US consumer prices unexpectedly increased last month. The Standard & Poor’s 500 Index advanced amid earnings reports, while European stocks gained with…
Italy and France moved a step closer on Wednesday to having their budgets humiliatingly sanctioned by Brussels, with four other countries also in the EU danger zone, a European source said.
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Boeing says commercial financial institutions in the Middle East are increasingly funding the region’s record number of airplane deliveries.
Japan’s shaky economy was dealt another blow on Wednesday, as official data showed a widening September trade deficit that puts the world’s number-three economy on track to log a record annual…
Countries at an Asia-Pacific summit in Beijing pledged to pursue “flexible” fiscal policies to support the world economy and job creation, their finance ministers said in a joint statement on…
Sanctions against Russia are counterproductive and stability should be restored to provide more investment to the country, Total CEO Christophe de Margerie said during his last speech in Moscow…
