World Economy

Turkey’s monthly inflation for January is expected to rise 1.36%, economists said Friday. The estimates from 17 experts interviewed by Anadolu Agency varied from 0.75% to 2.20%. The economists…

Lead prices eased on profit-taking and a firmer dollar, having hit 6-1/2 year highs earlier in the session on Friday after Chinese mines shut for the winter, Reuters reported. Benchmark zinc on…

The talkathon-cum-thinkfest that blazed to an end on January 26 at Davos had more leaders and executives from the Arab world in attendance than at any time since it began.

Unemployment among US black workers spiked in January after having fallen to its lowest level since the government started tracking the data.

European Commission mission chief for Greece’s bailout program, Declan Costello, reportedly confirmed that a “firm supervisory framework for many years, in conjunction with reforms, will apply…

Deutsche Bank, Germany’s largest, is reporting its third straight year of net losses due to a €1.4 billion ($1.75 billion) charge resulting from new US corporate tax legislation, AP reported.…

Over $100 billion was wiped off the global cryptocurrency market in 24 hours on Friday amid concerns over tighter regulation and worries that the bitcoin price was manipulated on a major…

The EU has reportedly threatened to impose economic sanctions to prevent Britain from undermining the bloc’s economy after Brexit.

Hong Kong has retained its title as the world’s freest economy for the 22nd year in a row, according to the latest Index of Economic Freedom, even as rising political strife and civil discontent…

Zimbabwe’s economy will contract by 1.5% this year on the back of the ongoing liquidity crisis, but rebound in 2019, a leading international research firm has said.

In his 2018 national…

Kenya’s prospects for better economic growth appear dim as they are bound to be overshadowed by a credit squeeze, ballooning public debt and rising oil prices, a top economist has warned.

The Arab world must “take urgent action” to create jobs and increase social spending to contain simmering public discontent, IMF Managing Director Christine Lagarde said. “The public…

As Chinese President Xi Jinping begins his second five-year term, shifting toward “quality growth” is at the top of the country’s policy agenda.

Japan’s factory output rose more than expected in December, as production of automobile-related parts and other machines expanded, government data showed Wednesday. The figures showed industrial…

The Czech central bank will probably raise interest rates for the third occasion in less than a year on Thursday and for the first time since 2013 release a currency outlook that may guide…

Mexico’s economy bounced back more than expected in the fourth quarter, according to preliminary data, but signs of slowing growth could feed discontent ahead of the presidential election in…

The Federal Reserve meets this week against the backdrop of a key market development that will undoubtedly influence its policy deliberations: a slumping US dollar.

Japan’s job market is the tightest it’s been in more than 40 years, giving leverage to labor unions pressing for bigger pay hikes at annual wage negotiations and raising prospects for higher…

Taiwan has joined South Korea in demanding compensation for steep US tariffs on solar panels, opening a 30-day window for negotiations, a World Trade Organization filing showed on Tuesday.

A forecast prepared for the British government reportedly says the economy will be worse off after the country leaves the European Union whatever trade deal is struck with the bloc.

The…

There was some good news for Poland’s beleaguered government on January 30 after Statistics Poland announced that the country’s economy had grown by 4.6% in 2017. This beats all forecasts and…

Australian business conditions remained buoyant in December with both profits and sales healthy, while a pickup in confidence was positive for the investment outlook, a survey reported on…

In January, the KOF Economic Barometer did not continue its upward tendency, which started in September 2017, but has declined. However, despite the decline, the indicator remains well above its…

World stocks were in their biggest two-day dive in six months on Tuesday and commodities were also jammed in reverse, as rising US borrowing costs cooled financial markets' euphoric start to the…

Spain’s economy likely expanded by 0.7% in the fourth quarter of 2017 compared with the previous quarter, putting the eurozone’s fourth-largest economy on track to report an annual growth rate…