World Economy

Eight years after the start of the severe debt crisis which brought Greece at the brink of default, optimism edges up for the economy, as financial indexes improve.

While many workers of the world are rallying around the strongest labor market in at least a decade, lackluster pay growth is keeping their enthusiasm in check.

Morocco’s new, more flexible hard currency system is a step in the right direction to make the kingdom more attractive to investment and turn it into a financial hub for Africa, a senior IMF…

Turkey’s economic confidence index increased month-on-month in January, soaring 10%, according to the Turkish Statistical Institute, TurkStat, on Tuesday.

The cab of Carlos Del Pino’s big rig gave him a nerve-rattling front-row seat to a surge in mob attacks on Venezuela’s neighborhood markets, cattle ranches and food delivery trucks like his.

Saudi Arabia’s short-term economic prospects are near “catastrophic”, with a danger that planned reforms could falter, according to new research.

A research note issued by Indosuez…

China may include shadow banking, property financing and internet financing in its macro-prudential assessment to help curb risks, vice central bank governor Yi Gang said in remarks published on…

France’s industrial rebound gathered pace in January while broader business confidence and consumer morale remained strong but pulled back from recent highs, surveys showed last week.

Indonesia’s central bank is unlikely to cut its policy rate further this year. Bank Indonesia is sounding more confident about the growth outlook, both foreign and domestic. It is also set to…

Emerging stocks snapped an 11-day winning streak on Monday and currencies felt the pain of the dollar regaining its footing as markets eyed reports due from Washington that could ring in a fresh…

Gold dipped on Monday as a revival in the dollar prompted some buyers to cash in gains in the metal after its sixth weekly price increase in seven weeks, Reuters reported. Gold has risen more…

Malaysian business leaders› overall optimism surged to 6% in the fourth quarter of 2017, a sharp rebound from a negative 36% a year ago, according to Grant Thornton’s quarterly business survey…

Germany’s business heartland has begun moves to loosen the country’s strict labor laws for high earners, aiming to boost competitiveness but putting it on a collision course with powerful labor…

European Central Bank President Mario Draghi’s remarks last week were a reminder that he faces two increasingly tricky challenges: balancing stronger-than-expected economic expansion against…

Thailand’s Finance Ministry on Monday raised its economic growth forecast for this year to 4.2% from 3.8%, and also raised its estimate for exports, an official said.

Exports, a key…

Optimism in the financial services sector fell for the third consecutive quarter in 2017 in the three months to December, rounding off two years of continuous flat or worsening sentiment, but…

India’s logistics industry which is worth around $160 billion is likely to touch $215 billion in the next two years with the implementation of Goods and Services Tax, Economic Survey on Monday…

French drugmaker Sanofi has agreed to buy Belgian biotech company Ablynx for €3.9 billion ($4.8 billion), beating Novo Nordisk and marking its second big deal this month after buying Bioverativ…

The cryptocurrency boom has created fertile ground for hackers and fraudsters in Asia, where market experts warn that financial literacy is not keeping pace with economic growth.

Zimbabwe has the second largest informal economy as a percentage of its total economy in the world, after Bolivia, the International Monetary Fund has said. In a working paper titled, “Shadow…

France may no longer be the eurozone’s deficit dunce but President Emmanuel Macron must do more to improve the country’s finances “if he wants to be the leader in Europe”, the EU’s economy…

Sub Saharan Africa is set to continue on a recovery path over the coming year underpinned by higher commodity prices, robust global growth and the lagged benefits of policy adjustment in earlier…

India’s government may look to raise as much as a record one trillion rupees ($15.7 billion) from the sale of state assets in the next fiscal year to help meet tough fiscal deficit limits while…

China is to resume importing used cardboard, leaving Japanese paper manufacturers worried about the possible effects on materials prices, Nikkei reported. At the end of last year, the Chinese…

You’ve traded on inflation data and the prospect of rising sovereign-debt supply. You’ve wagered on Federal Reserve meetings and what the next chairman might do. And you’ve bet on jobs and wage…