World Economy

South Korea’s central bank is likely to hold its key rate steady this month as soft domestic demand could keep monetary policy accommodative in the near term, a leading provider of economic…

Singapore’s economy powered its way into its strongest gross domestic product growth in more than three years for the third quarter of 2017, but economists expect growth to moderate as a result…

The Committee for a Responsible Federal Budget released its analysis of the Trump Tax Plan, and their conclusions are shocking:  The Trump Tax Plan could cost as much as $7 trillion and…

The Portuguese government aims to narrow its budget deficit to 1% of gross domestic product in 2018 as the economy is set to grow for a fifth year.

The combined annual profitability of Lebanon’s banks could fall as much as 20% because of the introduction of new taxes intended to help finance public sector salary increases, the country’s…

Kuwait, the Persian Gulf Arab country most dependent on oil, will be the hardest hit in the region from a global oil output cut that will lead to a 2.2% economic contraction this year, the…

After a poor performance in 2016, a strong rebound in agricultural production should boost Morocco’s economic growth in 2017, affirms the World Bank. In its latest report, the international…

Italy’s inflation slowed as estimated in September, final data from the statistical office Istat showed Friday. Consumer price inflation eased marginally to 1.1% in September from 1.2% in August…

The Spanish economy could grow less than initially expected in 2018 due to uncertainty over Catalonia, Deputy Prime Minister Soraya Sainz de Santamaria said on Friday.

The wealthy region…

Innovations born out of technological breakthroughs are redefining both business and society. However, while firms have moved fast to develop new products, assigning liability–who is responsible…

French President Emmanuel Macron is making good on his campaign promise to improve the business environment in France. As part of this effort, his government released a budget at the end of…

A boost in manufacturing has failed to lift the UK economy which grew at a “muted” rate in the third quarter of 2017, the British Chambers of Commerce has warned, Yahoo Finance reported. Buoyed…

Bond traders at big banks in America continued to struggle in the third quarter, with JP Morgan and Citigroup reporting sharply lower revenue from their fixed-income desks.

JP Morgan,…

Nigeria and South Africa are expected to lift sub-Saharan regional growth next year, a Reuters poll showed, once their central banks cut rates to boost Africa's largest—but sickly—economies.

The leaders of Canada and Mexico stuck to their upbeat view on the future of the North American Free Trade Agreement on Thursday, despite US President Donald Trump’s threats to axe it.

European Central Bank officials are considering cutting their monthly bond buying by at least half starting in January and keeping their program active for at least nine months, according to…

The government had twin cause for cheer with industrial growth picking up pace to a nine-month high in August and consumer inflation remaining steady in September, exceeding expectations and…

Emerging markets should be able to weather the storm of Federal Reserve tightening because they’ve started drawing in capital again and their economies are improving, a leading Federal Reserve…

World leaders should take advantage of the healthiest global growth in years to pursue policies that will spread prosperity to those being left behind, the head of the International Monetary…

South Korea and China have renewed a $56 billion currency swap deal, Seoul said Friday, despite tensions over the controversial deployment of a US anti-missile system in the South.

A recent report issued by France’s BNP Paribas bank said that Egypt’s economy is on the right track to recovery as reform plans started to pay off for the biggest economy in North Africa, Zawya.…

The International Monetary Fund announced the Greek economy will grow by 2.6% in 2018, up from a 2.4% growth rate estimate envisaged in a draft budget plan tabled to parliament by the Greek…

Ghana’s economic outlook has been revised from stable to positive by rating agency Standard & Poor’s. The country’s ‘B-’ long-term and ‘B’ short-term foreign and local currency sovereign…

Germany will experience trade difficulties due to Brexit but Britain will suffer more that the remaining European Union members when it leaves the bloc, Economy Minister Brigitte Zypries said on…

Brazil's retail sales declined in August after flat-lining the previous month, suggesting domestic demand may be losing steam after a rebound in the second quarter.