World Economy

Peru’s economy will likely grow 4.2% in 2018 due to an increase in public and private investment and rising metals exports, Prime Minister Mercedes Araoz told business leaders in Santiago on…

Italy’s economic growth improved slightly in the third quarter, led by strong performance in the service sector and non-construction industry, the Bank of Italy said Friday, RTTNews reported.

The United States has unfrozen bank accounts in Sudan after lifting decades-long sanctions on the country earlier this month, the Sudanese Central Bank said Thursday, APA reported. Sudan…

Member states of Asean must be ready to embrace technological transformation to take advantage of the opportunities from digitization, according to HSBC Malaysia.

Export Development Canada says exports are growing significantly as both the US and the global economy continue to improve. The crown corporation said in a report out Thursday that overall…

The S&P 500 hasn't seen a correction in almost two years. But a growing chorus of Wall Street strategists says one could be right around the corner. The most recent firm to sound the alarm…

Italy's budding economic recovery is leaving at least one key group behind: young workers.

In recent months, the Bank of Italy and multilateral organizations including the International…

The economy in Europe and Central Asia will grow 2.2% in 2017, said the World Bank in its annual report for 2017.

The Russian economy has overcome the recession and returned to moderate…

Not for the first time, European Central Bank President Mario Draghi is facing a tricky balancing act. With the eurozone economic recovery well into its fifth year, the time has come to cut…

Britain’s budget deficit fell last month to its lowest for any September in the past 10 years, a boost for under-pressure Chancellor Philip Hammond ahead of next month’s annual budget, Reuters…

Younger generations have been experiencing more unstable labor market conditions and widening inequalities, the Organization for Economic Cooperation and Development said on Wednesday.

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Exports from Singapore last month stumbled after four months of growth, as the upswing in the tech cycle—which had lasted far longer than expected—turned abruptly south. Non-oil domestic exports…

Ebrahim Rahbari remains positive on the global economy and equity markets for now. The head of global macro­economics at Citi expects growth to accelerate in the near term as people finally…

Economic activity in Brazil contracted in August at the fastest pace in five months, suggesting a less stable economic recovery than previously anticipated.

Activity fell 0.38% after…

According to a report by Markit Economics, the final Russia Services Purchasing Managers’ Index was 55.2 in September 2017 compared to 54.2 in August 2017, Market Realist reported. The figure…

The Czech koruna’s slow appreciation is paving the way for policymakers to raise interest rates faster than forecast because the currency isn’t delivering the monetary tightening the economy…

As widely anticipated, Nigeria’s headline inflation declined marginally to 15.98% in September from 16.01% in August. This 0.03% decrease in year-on-year inflation marks the eight consecutive…

Easy monetary policy gives eurozone governments a window of opportunity to enact the reforms needed to boost growth once interest rates have to rise, European Central Bank President Mario Draghi…

The confidence of Americans in the US economy tumbled into negative territory last week for the first time this year as their economic outlook soured. Gallup's US Economic Confidence Index was…

Britain’s unemployment held at a 42-year low in the three months through August and the number of people in work approached a record high, according to figures published Wednesday.

President Donald Trump’s promise to renegotiate NAFTA suffered a major setback Tuesday as Canada and Mexico aligned to block some of the most controversial US proposals and the top US trade…

The money supply in South Korea jumped 9.1% in August from a year earlier, the central bank said Wednesday.

The nation’s M2 totaled 2,485.6 trillion won ($2.19 trillion) in August,…

The lending policies of the International Monetary Fund are actively undermining some of the UN’s human rights and development priorities, as well as promoting the “failed” policies of…

The European Commission published its yearly report on Labor Market and Wage Developments in Europe, which confirmed the positive labor market trends that have been witnessed in the European…

US industrial output rose in September as the effects of Hurricanes Harvey and Irma began to fade and construction and utilities production bounced back, the Federal Reserve said on Tuesday,…