World Economy

The World Bank raised its forecasts for the South African economy on Tuesday but warned that growth potential would remain weak without concerted efforts to reduce inequality and stimulate…

Manufacturing jobs are waning. In many emerging market and developing economies, workers are shifting from agriculture to services, bypassing the manufacturing sector. In advanced economies, the…

Goldman Sachs Group Inc is taking on the exchanges to win the business of fund managers eager to keep their stock trades hidden in the era of MiFID II price transparency.

Shareholders expect perpetual robust growth in revenues and profits. But why would anyone expect banks to grow faster than the year-on-year growth of national gross domestic product, which is in…

Uganda’s central bank said that the country’s economy will grow 6.5% over the next three years. Tumusiime Mutebile, governor of the Bank of Uganda, told reporters that the projected growth is…

The Russian government is going to support companies that have fallen under the US sanctions. The issue has already been discussed, Deputy Prime Minister Arkady Dvorkovich told reporters late…

US stock futures rallied, Asian equities bounced and the safe haven yen fell on Tuesday, as Chinese President Xi Jinping promised to lower import tariffs on products including cars, helping…

Last year’s aggressive tax cuts are at the heart of a worsening budget situation that will see deficits surge in the years ahead, according to an op-ed by former Fed Chair Janet Yellen and…

Canadian firms remain upbeat about future sales, business investment and hiring even as the country faces stubborn economic uncertainties from outside its borders, a Bank of Canada poll…

Rising US-China trade tensions are raising alarm bells in export-reliant Singapore, with an index measuring economic uncertainty climbing to a five-month high in March.

The Economic…

Digital-currency prices slumped in New York trading as the price of the No. 1 digital currency faces technical headwinds above $7,000, market participants said.

Thailand’s economy is expected to grow by 4.1% this year, the fastest pace since 2012, according to the latest edition of the World Bank’s “Thailand Economic Monitor”, released on Monday, TNA…

The US administration of President Donald Trump could aim its protectionist measures at Southeast Asian countries, with Thailand likely the first target, an analyst said.

Swiss pharmaceuticals giant Novartis says it has agreed to buy the US-based gene therapy company AveXis Inc. for $8.7 billion, part of its goal to become a leader in the treatment of…

The world economy, which is gradually recovering from a weak performance in the past 10 years, demands stability instead of trade conflict between the two largest economies, experts said at the…

The increase in Nigeria’s foreign reserves to $45 billion is an indication that the government is implementing good economic policies. Chief Segun Oni, the ýdeputy national chairman (South), All…

Azerbaijan’s economy has shown the biggest growth among the CIS countries in over 27 years (from 1990 to 2017), according to a macroeconomic survey of the CIS oil economies prepared by the…

US President Donald Trump’s threats to slap tariffs on trading partners’ exports as a way of wringing concessions from them sets “a very dangerous precedent”, warned Nobel Prize winning…

Kazakhstan’s central bank expects inflation to slow in 2018 to below the lower boundary of its 5-7% target range, it said on Monday, increasing the possibility of a cut to interest rates next…

Talks to rework the North American Free Trade Agreement are not advanced enough for the United States, Mexico and Canada to announce a deal “in principle” at this month’s Summit of the Americas…

Investor morale in the eurozone deteriorated for the third month in April, a survey showed on Monday, on concerns about a slowdown in global growth as trade tensions rise between the United…

China should make better use of the country’s funds by looking to invest its large capital reserves in real assets, not United States Treasury bonds, an adviser to China’s central bank said on…

Japan reported a current account surplus of 2.08 trillion yen ($19 billion) in February, though it shrank from a year ago due to a smaller trade surplus and a stronger yen, government data…

Sweet tax deals, a business-friendly climate and an English-speaking population. The Netherlands is going all out to attract companies leaving Britain post-Brexit in search of a new EU-based…

The tit-for-tat trade dispute between the US and China is generating a mix of fear and hope across Southeast Asia and Oceania, which export large volumes to the two countries, Nikkei reported.…