World Economy

Chinese exports grew slower than forecast in August, hit by weak global demand, but analysts said Friday that a jump in imports indicated a pick-up domestically and point to a further…

The governor of the central bank has warned the government that too rapid an expansion of house-building could destabilize the economy.

In a pre-budget letter, Philip Lane said the…

President Robert Mugabe said on Friday that Zimbabwe’s economy, hobbled by foreign currency shortages and a widening budget deficit, was slowly rebounding and would be driven by mining and…

Japan’s economy grew 0.6% in the second quarter, official data showed Friday, marking the longest period of expansion in more than a decade for the world’s third-largest economy.

The…

South Africa’s four biggest banks, pummeled by political wrangling and enmeshed in the country’s economic malaise, are increasingly shying away from their main role: lending, Bloomberg reported…

It could be the worst-ever data breach for American consumers, exposing some of the most sensitive data for a vast number of US households.

The hack disclosed this week at Equifax, one…

Australia's economy has grown for 26 years without a recession, an extraordinary achievement in a volatile world still aching from the global financial crisis.

But many Australians feel…

It has been a decade since the biggest financial crisis in living memory swept the globe. In the run-up to the crisis, the debt levels of the developed economies saw a rapid expansion. Between…

South Africa’s business confidence index fell to its lowest in more than three decades in August as merchandise import and export volumes fell, a survey showed on Wednesday, Reuters reported.…

Egypt has cleared a multibillion-dollar backlog of foreign-currency requests from importers and foreign companies since floating the pound in November, a central bank official said, the latest…

The North Korean nuclear crisis dragged Asian markets further into the red on Wednesday as world powers struggled to agree how to deal with the isolated state, while doubts about further US…

While Japan had the biggest slump in its workforce in Asia over the last 10 years, Singapore has the most to fear from an aging population over the next two decades. The city state will face a…

The Canadian trade account recorded a deficit of C$3.04 billion ($2.45 billion) for July following a revised C$3.76 billion shortfall for June. Consensus forecasts were for a deficit of around C…

Russian industry in the Far East is growing faster than Russian industry as a whole, said Russian President Vladimir Putin at the 2017 Eastern Economic Forum on Wednesday, Tass reported.

Poland’s central bank retained its record low interest rate, as widely expected, forextv reported .The Monetary Policy Council of the National Bank of Poland on Wednesday, decided to hold the…

Nordea Bank says that Finland’s economic upswing will begin to taper off in 2018–and that growth depends on keeping salaries modest and pushing ahead with economic reforms.

Malaysia’s July exports rose 30.9% from a year earlier thanks to stronger shipments of electronics and electrical products amid robust demand from China, official data Wednesday showed.

India’s economic growth is likely to fall short of initial estimates in the current financial year. And if revised forecasts from economists are anything to go by, growth in gross domestic…

Ever since December last year, when it reached its low point, almost at parity with the dollar, the euro has not stopped rising. At the beginning of 2017 it was around $1.04: on Tuesday it…

German Chancellor Angela Merkel is running for a fourth term as leader of the strongest economy in Europe. The continent’s export powerhouse has been blessed with record business confidence, low…

The death of a major economic concept is riling many economists and analysts. Known as the Phillips Curve, a concept developed by New Zealand economist William Phillips, it shows that inflation…

Germany’s services enjoyed vibrant activity in August, pushing up price pressures in the sector and boosting overall private sector growth, a survey showed on Tuesday, suggesting that a solid…

Switzerland’s economy grew at its slowest annual rate in nearly eight years during the second quarter, government data showed on Tuesday, as tepid public spending and weaker foreign trade…

Nigeria’s economy emerged from recession in the second quarter, expanding 0.55% year-on-year, the statistics office said on Tuesday, as economists expressed concern at the sluggish recovery.

Romania’s economic growth moderated as initially estimated in the three months ended June, latest figures from the National Institute of Statistics showed Tuesday, RTTNews reported. Gross…