World Economy

Strong consumption, as well as frothy stock and real estate markets likely bolstered Hong Kong’s economic growth in the fourth quarter, but higher US interest rates and easing China capital…

India’s crude steel production grew 2.5% to 9.02 million ton in January 2018 compared to 8.81 MT in the year-ago month, a report by World Steel Association said.

World leader China saw a…

The global Ipsos consumer confidence index is showing a slight uptick to 50.3 in February. The Ipsos CCI is a measure of consumer attitudes in 24 countries regarding the current and future state…

Global stocks notched further gains on Monday and the dollar stayed on the back foot, as investors bet the new head of the US Federal Reserve will steer a steady course on policy when he…

The Tanzania government Sunday acknowledged that some donors had withdrawn from supporting the national budget, but said the economy continued to post a 6.8% growth, AllAfrica reported.

The trade figures released by the Latin American Steel Association suggest that the regional steel market recovered substantially during the previous year. Crude steel production by Latin…

Hundreds marched against the expansion of the “discretionary working system”, in which workers are paid for a predetermined set number of hours rather than the actual time worked, in front of JR…

The Italian economy is slowly making its way out of an economic crisis that has ravaged the country, but there are fears among the business community that the March 4 election could hobble what…

Mexico’s securities regulator has imposed one of its biggest fines ever for market manipulation on steel company Industrias CH, owned by billionaire Rufino Vigil Gonzalez, government data showed…

With coordinated reform, China can achieve more inclusive and sustainable development, according to the World Bank Group’s latest Systematic Country Diagnostic for China.

The report,…

International Monetary Fund Managing Director Christine Lagarde on Monday called on Indonesia to boost its potential growth rate and channel revenues to more development spending to help create…

Although 2017 was not a particularly great year, it was far better than many had feared. Trump proved every bit as bombastic and erratic as expected. Anyone who paid attention only to his…

Robust exports on the back of a strong global economy generated high growth performance in 2017 for many countries in Southeast Asia. All but one of the region's six major economies posted…

Five months before the general elections, Pakistan Muslim League-Nawaz’s government is struggling to fix the failing economy.

The recent stock market correction–the first in the United States in two years–has invited substantial commentary about what investors should do, the role machines have played, and the…

Saudi Arabia’s annual consumer price inflation jumped to 3% in January after the government introduced a 5% value-added tax and hiked domestic gasoline prices at the start of the year, official…

The Sultanate of Oman’s trade balance during the first ten months in 2017 registered a surplus of OMR1.502 billion ($3.90 billion), compared with OMR1.023.1 billion during the same period in…

The (Persian) Gulf Cooperation Council—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE—are now among the world’s 30 richest countries in terms of GDP per capita and fared well compared…

The Philippine economy is seen to expand by 7% this year, faster than the 6.6% expansion in 2017, a report released by the Wallace Business Forum said. “The Philippines will continue to be among…

Cambodia seeks to lower electricity fees for companies in the country to offset an increase in labor costs due to a higher minimum wage, says a minister in charge of foreign direct investment.…

Advisor on finance and economic affairs, Miftah Ismail has said that seeking name of our country into the list of Financial Action Task Force, would not affect Pakistan’s economy, APP reported…

Billionaire Warren Buffett prodded ordinary investors on Saturday to stay invested in US stocks, ignoring price swings, guidance from people with fancy credentials and the temptation to load up…

Funding has been announced for nine Scottish projects designed to make things as good as new—or even better. The cash is from the Scottish Institute for Remanufacture, supported by the Scottish…

Sentiment toward Taiwan’s economy improved slightly in February after economic think tanks raised their forecasts for the country’s gross domestic product in 2018, according to Cathay Financial…

In recent weeks, the euro has been at its highest level, relative to the US dollar, that has been seen in the last three years. This is a movement that surprises when the European Central Bank…