World Economy

The Indian government’s budget has pushed back fiscal consolidation, leaving much of the task of addressing the country’s relatively weak public finances to the next administration, says Fitch…

Over half a trillion dollars of value has been wiped off the entire cryptocurrency market in just under a month, as the prices of popular digital coins plunge.

Economists at the European Central Bank say that the United States’ corporate tax cut should lift the world’s largest economy in the short term, but warn it could erode the tax base in European…

A measure of business activity in Saudi Arabia’s non-oil economy dropped sharply to a record low in January, as the implementation of a new value-added tax hit output and purchasing.

Asia is crucial to keeping multilateral free trade alive, and the region will need to build a coalition to maintain its momentum, according to Peter Drysdale, emeritus professor of the…

A plunge in US stocks Monday cut the fortunes of the world’s 500 richest people by $114 billion as the optimism over tax cuts that fueled January’s gains gave way to worries about inflation.

Online retail sales in France could exceed €90 billion ($112 billion) this year and top the 100 billion mark next year as the number of online vendors increases and people turn to the Internet…

Inflation accelerated to 4% in January, the fastest in over three years, largely driven by the first round effects of the government’s tax reform program. According to the Bangko Sentral ng…

Japanese policymakers pledged to maintain massive monetary support and sought to dispel concerns that a global equities rout could hurt a strengthening recovery, stressing the country’s economic…

Botswana’s economy is projected to expand at a faster pace this year compared to last year as the mining sector benefits from a recovery in the global economy, Finance Minister Kenneth Matambo…

Turkey’s inflation rate stood at 1.02% in January, whereas annual inflation rate decreased to 10.35%, according to the statement of the Turkish Statistical Institute released Monday, Anadolu…

Egypt’s foreign currency reserves climbed to a record in January just as the government prepares to raise as much as $5 billion from an international bond sale, Bloomberg reported. Reserves rose…

Britain’s economy slowed sharply in January, according to a survey that cast doubt on growing expectations among investors that the Bank of England might be gearing up to raise interest rates…

China’s services sector got off to a flying start in 2018, expanding at its fastest pace in almost six years as new orders surged and companies rushed to hire more staff, a private survey showed…

Eurozone businesses began 2018 by increasing activity faster than at any time in well over a decade as new orders surged despite firms raising prices at the steepest rate in almost seven years,…

International investors are being urged to steer clear of banks in Australia, Canada and Sweden by a leading investment consultancy, which has sounded the warning about the risk they may pose to…

The services account deficit widened to a record high last year, while the goods account surplus posted the second largest record on brisk exports, but concerns are rising over signals of…

Lloyds Banking Group said it would ban its credit card customers from buying Bitcoin and other cryptocurrencies. “Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept credit…

Indonesia’s economic growth picked up slightly last year as the central bank repeatedly slashed interest rates, official data showed Monday, but analysts warned that there was little hope of…

European and Asian equities fell and US share futures headed lower as global stocks extended the biggest selloff since 2016. Treasuries stabilized while the dollar weakened.

For the economic powerhouses of the southern cone of the Americas, there’s no time like the present.

The transition of SMEs to big business or corporate is pivotal in any economy in the world. It is actually the relative measure of how well an economy is performing as SMEs are the seed-bed of…

As recently as 2016, the global economy was still stuck in a slump in the aftermath of the Great Recession of 2007-2009 and a debt crisis in Europe. China’s economy was slowing steadily, raising…

Brexit is making the German city of Bremen terrified of “red tape” as it relies so heavily on British exports, access to fishing waters and UK funding into the EU’s coffers, it has been revealed…

Latin American and Caribbean economies are set to grow this year following a welcome rise in foreign trade, but the region will have to evolve if it wants to sustain growth in a rapidly-shifting…