World Economy

On May 19, S&P Global Ratings raised the sovereign credit rating of Indonesia to BBB- from BB+. In doing so, Southeast Asia’s biggest economy is now classed as “investment grade” by all…

Facing a financial blockade by its neighbors, Doha is reportedly looking to replenish state coffers by raising money through a bond sale. Qatar is targeting investors in Asia, the US, and Europe…

The Turkish lira fell as much as 6.6% against the dollar to an eight-month low in early, low-volume trading in Asia after the US blocked processing for the majority of new visas in Turkey, which…

A closely-watched gauge of investor sentiment in the eurozone surged to a decade high in October, boding well for a region which has been struggling to shake off the shackles of a protracted…

Standard & Poor’s maintained Romania’s rating at BBB-/A-3, with a stable outlook, and said that the country’s budget and trade deficits will widen due to the consumption-focused growth,…

Commonwealth Bank of Australia is facing a class-action shareholder lawsuit over the decline in its stock price following allegations of compliance breaches that allowed its ATMs to be used to…

Three years since their banking union began to take shape, European Union regulators are seeking fresh powers to deal with lenders in trouble. Their plan would let them stop withdrawals from a…

South Korea may face an economic downturn before it sees a meaningful rebound. This means President Moon Jae-in’s “income-led growth” policies have failed to provide the impetus for economic…

The Czech unemployment rate fell to 3.8% in September to match an all-time low and inflation was the fastest in five years, cementing expectations interest rates will rise once more this year.…

German industrial output posted its biggest monthly rise in more than six years in August, data showed on Monday.

It suggested the economy is firing on all cylinders again and set for…

Activity in China’s services sector grew at its slowest pace in 21 months in September as new orders cooled, a private survey showed, blurring the picture of how the economy is performing…

Consumption was India’s big story. Its 1.3 billion population was expected to guzzle everything from iron to iPhones, driving global growth and cheering investors such as Apple Inc. and Goldman…

As the end of 2017 approaches, the world economy is relatively strong. Growth is higher than in 2016, volatility in asset markets is low and inflation is weak. Major central banks are keeping…

Chocking up employment losses last month to the temporary hit of a severe hurricane season and reiterating expectations that inflation will strengthen, Federal Reserve policymakers signaled they…

Venezuela is struggling badly right now. With the local currency devaluing at an accelerated pace, things are going from bad to worse for the country’s economy, ME.com reported. As a last-ditch…

International Monetary Fund staff and the economic team of the new government in Tunisia agreed that front and center of all reform efforts is the need to create jobs and contain debt.

Even though the country’s fiscal and monetary authorities say their working-level officials are continuing to engage in negotiations with their Chinese counterparts, it remains uncertain whether…

Coal imports rose by 9.5% to 18.33 million tons in September, after having registered year-on-year decline for five months in a row, as some power plants faced fuel shortages, PTI reported. “…

The Bank of England’s financial policy committee warned last week that the UK economy was at a significant risk from credit bubbles. Barely a decade after the financial crash in 2008 and already…

Another day, another dire warning that Australian households are about to crumple under the crushing weight of debt.  It’s absolutely true that Australia’s household debt to income ratio is…

Qatar’s government announced measures to help private sector businesses after its economy was hurt by sanctions imposed by other Arab states.

Prime Minister Sheikh Abdullah bin Nasser…

With an estimated multi-year budget approaching $5 trillion, Chinese President Xi Jinping’s One Belt/One Road initiative envisions a grid of railways, shipping ports, airfields and cultural…

If you think technology has shaken up the news media—just wait, you haven’t seen anything yet. The next wave of disruption is likely to be even more profound, according to a study presented…

The government offered little more than platitudes in response to recent warnings on Taiwan’s economy by academicians of Academia Sinica, but they presented a bleak picture of the future if…

Asia is taking on a much greater dimension in the “new global disorder”, according to Professor Jean Pierre Lehmann. In an interview with Sputnik he spoke about the economic competition between…