World Economy

Japanese Prime Minister Shinzo Abe said he would seek to implement a 2 trillion yen ($17.8 billion) spending package to expand access to education and cut waiting times at child-care centers. He…

The Trans-Pacific Partnership nations have made progress toward a new free trade agreement slated for November following the US withdrawal from the pact, according to Japanese chief negotiator…

The head of the Bank of France said on Monday that the country’s economic growth could reach 1.7% for 2017, up from previous estimates and bringing it into line with other, similar official…

China's new economy will account for an estimated 12% of the country's annual GDP this year, according to a research report.

"China's development strategy of innovation and industrial…

Analysis of European Central Bank and Bank of England data shows that securitization continues to play an important role as a funding tool for the European economy, says Moody’s Investors…

More employees are likely to see a timely new offering when they choose their benefits in a month or so—identity-theft protection. About 35% of companies offered it in 2015, global advisory firm…

South Korea’s unemployment rate has risen steadily in the past few years, while jobless numbers among Organization for Economic Cooperation and Development members as a whole have fallen,…

Consumer borrowing grew at almost 10% in August, official figures are expected to show. The consultancy Capital Economics has said in a note to clients: “We expect annual growth in consumer…

While the public sector continues to play a prominent role in Jordan, the privatization process it has successfully implemented for over two decades has seen a surge over the past 18 months and…

Researchers from Harvard University’s center for international development have predicted an average of 6% growth in GDP of Pakistan over next 10 years, APP reported. In a press statement issued…

Trucks carrying hi-tech car components rumble in and out the gates of an American industrial zone in the heart of China’s rust belt—using roads that the city especially renovated for the complex…

The American electorate is more than ready for Washington officials to enact policies that will spur greater economic growth and modernize a convoluted tax code last revamped in 1986. Changing…

Conditions for investors around the world are getting worse. Let's start with Europe, the world's second-largest economy.

Greece will remain under supervision after it exits its current bailout and Athens must achieve “economic and political stability”, the head of a group of eurozone finance ministers said late…

The UAE Central Bank has announced that the money supply aggregate ‘M1’ decreased by 0.9%, from AED497.5 billion ($135.44 billion) at the end of July 2017 to AED493.2 billion at the end of…

The raging bullish fervor in Indian equities faces a tough test as New Delhi grapples with the dilemma of battling a downturn in economic growth, amid rising public anger against increase in…

An index measuring optimism about Taiwan’s economy over the next six months hit its highest in more than two years after a recent slew of economic data pointed to improvements, according to…

Zimbabwe needs strong capital markets, credit rules and predictable national policy that attracts diaspora funding to help build an ambitious US$100 billion economy.

China’s growing influence in South Asia manifests itself in hotels all over the region. No matter where one travels or stays, the visitor is surrounded by Chinese businessmen–be it in any…

China’s small banks are struggling to raise funds through short-term instruments as a regulatory squeeze combines with tight liquidity ahead of the quarter-end and Golden Week holiday.

France’s private sector expanded the most since May 2011, flash data from IHS Markit showed. The composite purchasing managers’ index rose unexpectedly to a 76-month high of 57.2 in September.…

Moody's cut Britain's long-term credit rating Friday, citing economic uncertainty sparked by complex Brexit negotiations and the likelihood of weaker public finances.

Indonesia’s central bank cut its main interest rate for the second consecutive month, wrong-footing most analysts as it seeks to support sluggish lending and consumption holding back growth in…

Economic leaders at the Asia-Europe meeting reached a broad consensus Friday on a united voice against rising protectionism trends and vowed to step up cooperation in digital infrastructure to…

The Central Bank of Nigeria said it is reviewing ways to toughen sanctions against financial institutions in the country that hoards foreign exchange from potential customers, newsghana reported…