World Economy

Despite the ongoing unjust siege against Qatar, the country’s international trade and trade surplus have registered a remarkable double-digit growth in December 2017, both on yearly basis as…

Business confidence in the UAE and Saudi Arabia dipped ahead of the launch of VAT due to concerns over increased consumer costs, according to a new survey.

Transportation presents a difficult and underreported challenge to low-income workers trying to find jobs and manage daily life in the US without a car.

Nicola Sturgeon’s economic record will be attacked ahead of the Scottish budget, with the Conservatives claiming Scotland is heading for the lowest level of growth in the developed world.

Anti-Russian sanctions have achieved nothing other than placing a significant burden on the German economy, prime ministers of two German federal states have argued, calling on fellow regional…

The eurozone's economy could prove to be a shining star again this year, but persistently tepid inflation will probably keep the European Central Bank from following its peers and tightening…

Egypt’s government plans to pour tens of thousands of new housing units onto the market in each of the next few years, but it’s not clear how easily the country can absorb them.

Angolan President Joao Lourenco was elected five months ago promising an “economic miracle”. But the path to transforming the oil-dependent country’s economy will be long and difficult—as was…

Business in the Association of Southeast Asian Nations is entering a new phase as regional companies increasingly look to neighboring countries for investment opportunities.

Standard & Poor’s Global Ratings agency has forecast Azerbaijan’s GDP growth to average 3.3% over the next four years, the S&P said in a report Saturday.

An international credit rating agency has upgraded the rating outlook for Zambia from negative to stable, ZNBC reported. According to a statement issued in London by Moody’s Investors Service,…

The European Union has said Bangladesh must look at export diversification and attracting more foreign direct investment seriously to make the country’s “very admirable and amazing” economic…

Sales generated by Taiwan’s retail sector and by the food and beverage sector both set new record highs in 2017, and 2018 could be another good year for them, according to the ministry of…

Waiting for an entry point in the stock market just isn’t working. The latest proof: amid the best start to a year ever measured in global equities, the S&P 500 has now spent longer trading…

The Turkish central bank’s main goal this year is to increase the effectiveness of its monetary policy and rein in double-digit inflation, Governor Murat Cetinkaya told Reuters in an interview…

Moroccan authorities say the country’s economic growth jumped to 4.6% in 2017, up from 1.2% in 2016, Xinhua reported. Speaking at a press conference on the performance of the economy in 2017,…

US economic growth slowed unexpectedly to an annualized rate of 2.6% in the last three months of 2017, the commerce department said on Friday. Economists had expected the rate to be 3%--the same…

Since the global financial crisis, central banks have added trillions to balance sheets, and many markets have recovered. Now a major question lingers for central bankers, policy-makers and…

Beijing will shut 1,000 manufacturing companies by 2020 under a years-long plan to restructure its economy, the official Xinhua news agency reported on Saturday, citing a city official.

South Africa’s embattled mining industry could be first in line to benefit from a boost in foreign direct investment if the new leader of the ruling party Cyril Ramaphosa implements measures…

Pakistan’s central bank unexpectedly increased its key rate for the first time in more than four years as a currency devaluation adds to inflation pressures ahead of elections this year.

Cryptocurrency exchange Coincheck has confirmed that some 58 billion yen ($534 million) in customers’ virtual currency holdings were taken from its wallets Friday, in what appears to be the…

Brexit is leaving the European Union with a big problem on its hands and a “very tough” negotiation ahead, European Commission Vice-President Jyrki Katainen told CNBC on Friday.

Qualcomm, the heavy-weight American-based semiconductor and telecommunications company, is being fined €997 million ($1.2 billion) by the European Union for anti-competitive practices which…

Paris could overtake London as Europe’s most important financial center in a matter of years, French Finance Minister Bruno Le Maire said, after days of wooing American and European bankers in…