World Economy

For the five members of BRICS, if the first 10 years were about cooperation, the next decade will be about deepening those ties and shaping their direction, Arancha Gonzalez, executive director…

Fitch Ratings kept Lebanon’s credit status at ‘B-’ with a stable outlook on Friday, a week after Moody’s downgraded the country over concerns about its very high debt-to-GDP ratio, Reuters…

Trade negotiators from Canada, the United States and Mexico presented more proposals for a renewed North American Free Trade Agreement and tried to put behind them threats from US President…

Inflation in the eurozone has picked up more than economists predicted, setting the stage for European Central Bank policymakers to debate the future of its stimulus program.

Oil-rich Saudi Arabia faces a sticky problem, analysts say. Its economy is barely growing. Its government is spending way more than it receives. And its economic reforms, which would move the…

The Czech economy expanded more than initially estimated in the second quarter, revised data from the Czech Statistical Office showed Friday, Forextv.com reported. Data from IHS Markit showed…

Serbia’s gross domestic product grew in real terms and year-on-year by 1.3% in the second quarter, Beta reported, citing the state Statistical Office. Relative to the first quarter of the year,…

Finland’s economy grew solidly in the second quarter, its statistics office said on Friday, revising preliminary figures that had pointed to a sharp quarterly contraction, Reuters reported.…

Simon Emil Ammitzboll, the minister for the economy and internal affairs, has been able to present the best economic prognosis for many years, with Denmark looking to end 2017 with the highest…

As a general election looms next month, the latest unemployment data from Europe’s largest economy shows a strong jobs market. At the same time the eurozone is also on track to reach its…

South Korea’s trading companies are sometimes called “all-around” companies for the sheer number of businesses in which they engage, from steel and construction to movie distribution and book…

Britain is being asked to continue funding the EU’s foreign aid program after Brexit, it emerged Thursday night. The EU’s demand for a £90 billion ($116 billion) ‘divorce bill’ was branded ‘…

Bosses in France will find it easier to hire and fire staff under new reforms aimed at overhauling the country’s notoriously stringent labor market.

Five banks of the BRICS (Brazil, Russia, India, China and South Africa) Bank Cooperation Mechanism have agreed to establish credit lines and develop cooperation on credit ratings on Friday, a…

Growth in Greek manufacturing activity accelerated in August for the third consecutive month as rising demand at home and abroad led firms to add jobs and increase production, a survey showed on…

Asia’s factories cranked up production in August as global demand remained strong, confounding expectations that growth may have peaked, but worries about China’s massive debt and monetary…

The US bond bull market is staging its biggest leap forward this year, much to the chagrin of Wall Street prognosticators.

Russia’s economy is seen growing slightly faster this year and inflation is seen slowing, a Reuters monthly poll of economists showed on Thursday.

Damage from Hurricane Harvey could put it among the top five most costly US storms ever, with failing dams and levees driving up loss forecasts, data modeling showed late Tuesday.

Gold prices rose for a third straight session to their highest since November as mounting geopolitical tensions over a new North Korean missile launch stoked demand for safe-haven assets and…

China will be “more proactive and effective” in implementing a pro-growth fiscal policy, the country’s two powerful economic ministers said, sending a strong signal that Beijing will loosen its…

Confidence in the eurozone’s economy rose in August to levels not seen since before the financial crisis, according to the latest sentiment surveys of businesses, economists and consumers,…

Malaysia’s producer price index for July 2017 rose 7.1% to 106.0 versus a year earlier. In a statement on Wednesday, the statistics department said the mining index recorded the highest increase…

Vietnam’s consumer price index increased by 0.92% in August, the highest month-on-month increase in the first eight months of this year, the General Statistics Office announced.

Australian construction spending boasted its biggest rise on record last quarter as miners splashed out on major engineering projects, a surprise that could lift economic growth well above…