World Economy

Argentina’s economic activity expanded 4% in June compared with the same period the prior year, government statistics agency Indec said, the latest sign of economic recovery ahead of legislative…

Performance of Oman’s national economy in 2017 has been positive in a number of economic indicators. The sultanate managed to achieve the targeted public revenues for the first half this year as…

Global brokerage firm UBS has lowered India’s GDP growth forecast to 6.6% for this fiscal from 7.2% earlier, Moneycontrol reported. The brokerage said that the growth is expected to pick up in…

Protests defeated Francois Hollande when he tried to shake up France’s jobs market. Jacques Chirac backed down when his public sector reforms met fierce resistance on the streets. Nicolas…

A gradual return of confidence in the Greek economy following the completion of the second review is becoming increasingly apparent, according to a report by Alpha Bank economic analysts on…

Standard & Poor’s maintained the sovereign ratings of Sweden at ‘AAA’ with ‘stable’ outlook and upgraded Lithuania’s rating outlook to positive.

The agency said Sweden benefits from…

South Korea’s finance minister said Sunday that the government will consider additional stimulus measures if necessary to achieve its goal of 3% growth this year amid concerns about multiple…

On average office rents across Dubai fell 4.5% in the second quarter of the year, with the performance of prime and secondary markets continuing to diverge, said global real estate consultancy…

The head of the Philippine central bank said on Sunday the depreciation of the country’s peso was a healthy correction in line with economic fundamentals, Reuters reported. The peso is Asia’s…

A schism is emerging among pro-Brexit economists over how Britain should attempt to negotiate trade deals after leaving the EU single market. The dispute could have a major effect on the future…

A referendum on Italy’s membership of the euro currency would be held only as a “last resort” if Rome does not win any fiscal concessions from the European Union, a senior lawmaker from the anti…

As the year proceeds, Mexico, the world’s thirteenth largest economy, is expected to rebalance its international trade relationships. It is likely to do so irrespective of the outcome of…

Mario Draghi might delay his plans to cut down quantitative easing when the European Central Bank meets for its crunch policy gathering this week, with economists fearing the recent strength of…

Chinese President Xi Jinping asked BRICS members to shelve their differences and accommodate each other's concerns by enhancing mutual trust and strategic communication, as he opened the three-…

Rome must slash its budget deficit to have any hope of cutting down Italy's staggering debt levels, EU Commissioner Pierre Moscovici has warned. The debt-laden state has a gap of 3% between what…

Americans on average spent more on taxes in 2016 than they did on food and clothing combined, according to data released this week by the bureau of labor statistics.

The same data also…

Thailand’s political uncertainty has eased over the past year, a development that could help the current cyclical recovery, according to a ratings agency.

But domestic demand remains…

Investment in Mexico’s mining industry is expected to rise this year due in large part to a global recovery in metal prices after four years of declines, according to projections from the sector…

The private sector has contributed more to Taiwan’s total investment from year to year, while contribution from the government to capital formation has been on the decline, according to the…

Brazil’s trade surplus set a monthly record on August as commodity prices rose, contributing to a gradual economic recovery and a stable currency, official data showed late Friday.

Fitch has maintained the sovereign ratings of Germany with ‘stable’ outlook. The rating agency said the ‘AAA’ rating reflects Germany’s diversified, high value-added economy, strong institutions…

The European Union’s budget chief says there can be no negotiations with Britain about a post-Brexit trade deal unless the two sides make progress on “fundamental questions” including future…

Investors worried about valuations and an impending correction on Wall Street might want to take a look at Japan. For a country that has been constantly in and out of recession since the early…

China's economy is a juggernaut, as one often hears. It can keep growing forever. After all, it has 1.3 billion people, with a near-bottomless need for goods and services. But in fact, China's…

US President Donald Trump’s job record as president so far has been pretty good. But it’s just not as good as Barack Obama’s. Employers added 1,189,000 jobs in February through August, according…