World Economy

South African inflation rose less than expected in August, increasing the likelihood of interest rate cuts this week and later in the year.

Consumer inflation rose 4.8% year-on-year in…

Industrial conglomerate ThyssenKrupp and Indian group Tata have agreed to merge their steel operations in Europe, aiming to take second place in the market behind ArcelorMittal, the two…

Booming shipments of cars and electronics in August drove up Japan’s exports at the fastest pace in nearly four years, further evidence that overseas demand is strong enough to support healthy…

Business confidence among Asian companies fell for the first time in three quarters in July-September as escalating geo-political tensions outweighed an improved performance by most economies in…

German wholesalers on Wednesday raised their forecast for 2017 after enjoying an unexpectedly strong first half, saying they expected revenues to increase by up to 3.5% to a record-high of €1.…

Georgia’s annual growth rate for 2017 looks set to reach (or even exceed) the government’s 4% target. According to the preliminary statistics released by GeoStat, Georgia’s real GDP growth was 4…

An international credit rating agency says Egypt’s economy has started to improve but has yet to recover from the 2011 uprising and the years of unrest that followed, AP reported.

The French government on Wednesday announced cuts to a housing allowance scheme enjoyed by 10% of the population and promised to free up social housing for the most needy as it seeks to rein in…

The global economy looks set to post its best performance in seven years in 2018, a bonus for Australia which is already benefiting from this upswing.

But the Organization for Economic…

British employers are most pessimistic about the outlook for the economy since last year’s Brexit vote and want clarity about the departure from the European Union, a survey showed on Wednesday…

The worst might be over, yet there are still notable concerns surrounding one of the world’s largest emerging markets.  

Brazil’s risk score has slightly improved this year, sending…

“Beware of Greeks bearing gifts,” wrote the ancient Roman poet Virgil. In the 21st century, it’s the Greeks who should have been more careful about accepting offerings—specifically from the…

The issue of when a global reserve currency begins or ends is not an exact science. There are no press releases announcing it, and neither are there big international conferences that end with…

The Dutch economic machine is roaring, government or not. As the caretaker government of Prime Minister Mark Rutte prepares to unveil its 2018 budget on Tuesday, the country is growing at its…

The economic growth in Kazakhstan was at 4.3% since the beginning of this year, the First Vice-Minister of the National Economy of Kazakhstan Ruslan Dalenov said Tuesday during a government…

The Monetary Council of the National Bank of Hungary, or MNB, decided to keep the central bank?s key rate on hold at 0.90% at its rate-setting meeting on Tuesday, as expected.  Analysts…

South Korea’s top financial regulator on Tuesday urged banks to tighten their screening of home loan applications to help slow the growth of household debt, Yonhap reported. South Korea…

The Norwegian sovereign wealth fund, the largest in the world, has officially hit $1 trillion.

Norges Bank, who manages the fund for Norway, said on its website that the rainy-day pot…

Record-high world stocks paused on Tuesday and the dollar dipped, as investors waited for signals from the Federal Reserve on when it will start shrinking its balance sheet and nudge up US…

A report by the Bank for International Settlements has warned that a central bank-issued cryptocurrencies like Fedcoin or Ekrona could cause bank runs and challenge banking business models.

As the Fed starts unwinding the stimulus it provided to snap the economy back to life, two types of companies should benefit: banks and those with lower debt than their peers, according to a…

Australians’ average weekly household income grew by A$213 ($170) between 2004 and 2008. Since then, it’s increased by a total A$27.

Ukraine has raised $3 billion in its first sovereign bond issue since the country’s 2014 revolution, a source close to the deal said.

The proceeds from the 15-year eurobond sale overshot…

A business group urged China on Tuesday to carry out promises to open its economy and warned inaction might fuel a backlash against free trade amid mounting US and European criticism.

The increasing digitization of the global economy is changing how products and services are produced, distributed and sold across borders. Technologies like cloud computing, artificial…