World Economy

The Fijian economy is expected to achieve a broad-based growth of 3.6% in 2018, according to the Reserve Bank of Fiji on Friday, Xinhua reported. This is expected to be achieved through strong…

World stocks were set for their longest weekly winning streak since 1999 on Friday, while the dollar buckled again as its weakest run since 2010 reverberated through almost every major asset…

Ireland is moving towards full employment as 2.3 million people are now working—and the economy is set for an additional 4% boost during the next two years, Ireland central bank report has…

Venezuela has lost half of its economy since 2013. It’s getting worse. Unemployment will reach 30% and prices on all types of goods in the country will rise 13,000% this year, according to new…

China’s Ministry of Commerce and six other administrations have released a new regulation to tighten outbound overseas investment. Chinese enterprises that aim to set up companies abroad, have…

Voting to leave the European Union has cost Britain more than £200 million ($285 million) a week in lost growth, the governor of the Bank of England believes.

Bank of England Governor…

Declining incomes for European youth since the global financial crisis are dimming their prospects, and IMF chief Christine Lagarde urged governments to take action to ensure they do not fall…

Eight months after its Arab neighbors broke off ties with Qatar under Saudi pressure, the Persian Gulf state says regional isolation is making it stronger.

The country’s finance minister…

Moody’s said on Friday it had raised Russia’s sovereign outlook to positive from stable, expecting 2018 growth to largely overcome the adverse base effect caused by the industrial output-led…

US President Donald Trump on Thursday said he would rejoin the Trans-Pacific Partnership trade deal, which he decided to exit back in January 2017, if “we made a much better deal than we had”.…

Manufacturers in Singapore had a stellar run in 2017 with output expanding at its fastest rate since 2010, even as December’s lower-than-expected industrial production figures ended the year on…

Property prices in Sweden will stabilize this year after a dip in the last few months of 2017, with the effect on GDP growth relatively limited, banking group Nordea said on Wednesday in an…

The impact of digital technologies on jobs and economies is an important topic for South Africa as new local research indicates that more than a third of jobs in this country may be automated.…

Italian Economy Minister Pier Carlo Padoan says his country’s next government must focus on reducing one of the world’s largest debt burdens, Reuters reported. Padoan, who will stand for…

France’s private-sector output maintained its momentum at the start of 2018 as companies benefited from the strongest demand in more than six years, Bloomberg reported. IHS Markit said its…

Philip Hammond warned that Brexit uncertainty is hurting the economy today amid complaints London is being ‘kept in the dark’ about the UK’s negotiating stance.

The chancellor said there…

If a massive cyberattack were to take out a top cloud service provider like Amazon Web Services for a few days, it could cost the US economy almost $15 billion, according to a report from…

Russia’s economic development minister said the country’s annual GDP growth will reach 3 to 3.5% in a couple of years, local media reported Wednesday.

Companies across the ASEAN bloc face a growing risk of cyber attacks, which can expose the region’s top-listed firms to a $750 billion erosion in current market capitalization, a new research…

A new ranking that evaluated countries on everything, from economic influence, power, citizenship and quality of life, has declared Switzerland the world’s best country for 2018.

It’s…

The International Monetary Fund has adjusted its projection for Egypt’s growth in fiscal 2017-18 ending in June to 4.8% instead of the previously projected 4.5%, to reach 6% in the medium term.…

In a bid to safeguard the world from hackers and growing data breaches—especially from nation-states—the World Economic Forum on Wednesday announced a new Global Center for Cybersecurity.…

Eurozone consumer confidence index jumped much more than expected in January, a flash estimate from the European Commission showed Wednesday, RTE reported. This further underlined the momentum…

The global economy is expected to grow at a robust pace this year and reach an altitude not seen since 2010, as momentum builds in developed economies and inflation revives, Reuters polls of…

Beneath its modern and glitzy exterior, Singapore is aging. For the first time in its short history, the Southeast Asian nation is expected to have as many people aged 65 and older as under 15…