World Economy

After five years of drawn-out negotiations, Canada and the European Union have finally put pen to paper, creating one of the world’s largest free-trade blocs, while at the same time downplaying…

Japan’s inflation slowed more than expected in August, highlighting the risks facing Bank of Japan Governor Haruhiko Kuroda in his push for prices to rise 2 percent.

Goldman Sachs Group Inc. (GS), the top adviser on corporate takeovers, is changing a policy addressing conflicts of interest to bar investment bankers from trading individual stocks and bonds, a…

Six banks might face record fines in Britain as they start talks about a allotment following an review into allegations of paraphernalia banking markets.

Germany’s second-largest carrier has said it canceled orders with Boeing with a list price of several billion dollars. Air Berlin noted the move came amid increased endeavors to save costs in the…

The European Aviation Safety Agency (EASA) says electronic devices such as mobile phones can be left switched on during flights, BBC said. EASA says that electronic devices do not pose a…

Ratings agency Standard & Poor’s has acknowledged India’s recent reform drive by raising the country’s credit outlook. But Prime Minister Narendra Modi will still have to make big-ticket moves…

Mario Draghi’s plan to channel as much as 1 trillion euros ($1.3 trillion) into the euro region’s economy is running into a blockage: some companies in the countries hardest hit by the debt crisis…

Asian stocks fell, with the regional benchmark gauge posting the longest weekly slump since February, after US stocks tumbled and as the majority of Japanese shares traded without dividend rights…

 A three-day-long international agriculture exhibition kicked off on Wednesday in Kabul to showcase agro products, promote market opportunity and improve relationships between producers and…

A member of Russia’s ruling party proposed a law that would allow the seizure of foreign states’ assets in the country after the US and its allies targeted President Vladimir Putin’s…

Prime Minister Narendra Modi pledged to slash red tape and harness the benefits of a huge young population as he launched a campaign to attract global business to manufacture in India.

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Samsung Electronics has unveiled the new Galaxy Note 4, an expansion of its flagship Galaxy Note series, Trade Arabia reported. Blending an evolved S Pen, the Galaxy Note 4 will provide users with…

Trains are likely to become more like long-haul planes, with customized carriages and tablets embedded into hi-tech seats, as Western manufacturers fight back against cheaper Chinese rivals and…

The IMF warned the Saudi kingdom to rein in public spending, which has risen 52 percent annually since 2010 and reached SAR994.7 billion ($265.2b) in 2013.

S&P Dow Jones Indices, which compiles several of the world’s most widely tracked stock benchmarks, said on Friday Chinese e-commerce titan Alibaba Group Holding Ltd would be…

Sodexo is one of the world’s largest companies, but it’s planning to use small businesses in a big way. This week, the food service operations and facilities management company vowed to pump $1…

Data released by the Ministry of Finance showed a realized budget surplus of Kuwaiti Dinar12.9b in fiscal year 2013/2014, which is higher by about 1.6% compared to the KWD12.7b surplus realized in…

Vietnam’s gross domestic product increased 5.4 percent in the nine months through September from a year earlier, according to the median estimate in a Bloomberg survey. The government’s full-year…

Russia’s economy is set to stagnate in the next two years as the country pays the price for the Ukraine crisis, lack of structural reforms and uncertain economic policy, the…

Developing Asia remains the fastest growing region globally despite slower-than-expected growth in major industrial countries as key economies in the region move ahead with structural reforms,…

 Gold rose on Thursday, rebounding sharply from a nine-month low touched earlier in the session, as a sharp sell-off in US equities prompted investors to buy bullion as a safe haven.

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