World Economy

Activity among British manufacturers has slowed to its weakest level since the Brexit vote while exports have recorded the sharpest fall in four years and hiring in the sector has stagnated, a…

Business conditions in the Philippines manufacturing sector improved further midway through the third quarter. While output growth softened, new business inflows picked up pace, and optimism…

Australian housing prices fell for an 11th straight month in August, and further declines are likely as the peak selling season starts, Bloomberg reported. National dwelling values dropped 0.3%…

The Greek economy saw a 1.8% increase in growth according to the latest report released by the Hellenic Statistical Authority on Monday, AMNA reported. The authority attributes the continuous…

Bringing Southeast Asia’s small businesses into the digital economy could raise the region’s gross domestic product by between $780 billion and $1.13 trillion, an industry study has found.

President Xi Jinping told African counterparts and business leaders that China's investments on the continent have "no political strings attached", even as Beijing is increasingly criticized…

The Kremlin is leaning on Russia’s oligarchs to spend $120 billion on new investments by the end of Vladimir Putin’s term after shelving plans to hike taxes on big business.

In the two and a half months since his historic summit with US President Donald Trump, North Korean leader Kim Jong-un has temporarily shelved denuclearization talks in favor of inspecting farms…

Nidec will spend roughly 50 billion yen ($450 million) to acquire five German robotics companies by the end of March, going after cutting-edge technology fueling the global shift toward…

The worst may be over for Indonesia’s markets, according to the country’s biggest mutual fund manager.

The rebound in private consumption seen in the second quarter may keep going as the…

Manufacturing activity in major Asian economies took a hit from weak export orders in August, a sign firms are starting to feel the pinch from intensifying trade friction between the United…

Turkish President Recep Tayyip Erdogan on Sunday vowed Ankara would pursue non-dollar transactions in trade with Russia and other countries, accusing the US of behaving like “wild wolves”.

Taiwan’s manufacturing sector indicated the weakest rate of growth in August since October 2016, as companies failed to increase their staffing levels for the first time in over five years,…

China’s massive and expanding “Belt and Road” trade infrastructure project is running into speed bumps as some countries begin to grumble about being buried under Chinese debt.

The US is locked in a multi-front battle with virtually every major trading partner, in an effort to extract concessions that it expects to help cure the “twin deficits” that have bedeviled the…

Eurozone countries have asked for too much from the Greek people in return for international bailout loans, former Eurogroup chief Jeroen Dijsselbloem said in an interview on Dutch television on…

The 50th Association of Southeast Asian Nation Economic Ministers' Meeting and Related Meetings ended in Singapore Saturday, with agreements reached between ASEAN member states and its dialogue…

France is ready to go over to pay-as-you-earn (PAYE) taxation in January, despite a press report of thousands of mistakes in trial runs, public accounts minister, Gerald Darmanin, tweeted this…

Nigeria’s decision to order South African telecoms giant MTN to repay billions of dollars that it had allegedly illegally repatriated over a period of eight years could sour investor sentiment…

The 32 branches of the Bank of Japan, the country’s central bank, have embarked on an emergency survey of companies in each district to grasp the impact of the intensifying trade war on exports…

South African retailers across the board are taking strain, with consumers under pressure due to an unprecedented VAT increases and record fuel prices.

The going is not going to get any…

The Reserve Bank of Zimbabwe has applauded the gold mining sector for its strong performance this year as the country gears to breach 30 tons output by year-end, a record achievement since…

When Switzerland pushes the button to send data on offshore bank accounts to foreign tax agencies this fall, it will be doing what was once virtually unthinkable: abandoning the absolute secrecy…

Spare a thought for the globe-trotting European stock salesman. Europe’s equities have seen 25 straight weeks of fund outflows, according to Bank of America-Merrill Lynch, wiping out all of 2017…

South and North Korea should use a single currency to form an economic union in the mid to long term, the Korea Institute of Finance noted in a report Sunday.