World Economy

Having faced a year of record temperatures and devastating hurricanes, the United States stands more to lose if it doesn’t take steps to reduce the risk and impact of climate change, according…

Denmark’s deeply negative interest rates will rise as the economy recovers, central bank governor Lars Rohde said, Reuters reported. Denmark’s currently has interest rates of minus 0.75% and…

Gold prices were little changed after marking a 7-week low on Tuesday, as equities and the dollar were buoyed in Asian trade by upbeat economic data and strong US Treasury yields.

Spot…

Cities in the most rapidly urbanizing East Asia and the Pacific or EAP, region failed to deliver on jobs, services, and infrastructure, as well as keep pace with urban development, the World…

Activity in Mexico’s manufacturing sector increased in September to a 16-month high on the back of stronger output and new orders, a survey showed late Monday.

International rating agency Fitch has revised up Poland’s 2017 economic growth forecast to 4%, from a previous estimate of 3.3%.

Thailand’s leading business groups raised economic forecasts on Tuesday, citing stronger-than-expected exports and signs of recovery in private consumption and investment.

The higher…

A conducive external environment, sound fundamentals and progress on structural reforms are supporting the Indonesian economy. The country’s real GDP growth is projected to increase from 5.1%…

Factories in Asia’s largest economies cranked up activity in September as a synchronized upswing in growth globally pointed to solid consumption of manufactured goods heading into the lucrative…

Canadian consumer confidence index fell to the lowest in more than two months as perceptions about real estate and personal finances worsen. The Bloomberg Nanos Canadian Confidence Index—a…

Sterling slipped to a near three-week low against the dollar on Monday as investors focused on underlying weakness in the British economy and the governing Conservatives gathered for what could…

Spain’s government borrowing costs surged and its stock market tumbled on Monday as investors weighed up the political fallout from the violent police crackdown on an independence vote in the…

Italy’s unemployment rate edged down to 11.2% in August from 11.3% the month before, as some 36,000 jobs were created, national statistics bureau ISTAT reported on Monday, Reuters reported. In…

Fitch Ratings has lowered India›s economic growth forecast for the current fiscal to 6.9% from 7.4% after the gross domestic product growth «unexpectedly faltered» in the April-June quarter.

Member countries of the Asia-Pacific Economic Cooperation should give more attention to the development of the services sector to more precisely complement the emergence of the global…

Solid manufacturing surveys helped support share prices in Europe and Asia on Monday. However, Spanish stocks and the euro underperformed amid concerns over what is going on in the Spanish…

Banks poised to channel hundreds—if not thousands—of employees out of the UK expect their Brexit bills to reach $500 million or more, according to people with knowledge of firms’ contingency…

Economic managers expect the Philippines to achieve at least a 6.5% gross domestic product growth this year on the back of sustained robust consumption by both the government and the private…

Saudi Arabia’s economy contracted in the first two quarters this year, official figures show.

Business confidence among Japan’s large manufacturers improved to a 10-year high in the July-September quarter as the economy enjoys its best run in more than a decade helped by a recovery in…

Even as Catalonia serves a reminder that political risks remain, the eurozone’s year of living dangerously is turning out well for the economy.

The economy and financial system remain on a sound footing, despite continuing challenges in the global environment, the Reserve Bank of New Zealand’s latest annual report shows.

Economic conditions in Sudan remain challenging in the face of persistent fiscal deficits, high inflation, and economic sanctions, according to a team from the International Monetary Fund led by…

Unemployment in the world’s biggest developed economies has been falling, at least since the end of the financial crisis. But wages, in the main, have not reacted as might be expected. They have…

Brazil posted a primary budget deficit of 9.524 billion reais ($3.01 billion) in August, central bank data showed on Friday, smaller than the median forecast in a Reuters poll of 16.7 billion…