World Economy

The country’s economic growth likely accelerated to 6.6% in the quarter that just ended, but analysts polled by Reuters are sounding increasingly worried that confusion over the Goods and…

Woes have mounted for Australia’s biggest bank, CBA, with an independent inquiry to be launched into its governance and accountability policies. The lender was accused of breaching anti-money…

Moody’s Investors Service has downgraded Lebanon’s long-term issuer ratings to B3 from B2 and changed the outlook to stable from negative, zawya.com reported. The rating downgrade is based on…

Consumer confidence continues to rise but businesses appear slightly more pessimistic, according to the latest Economic Pulse from Bank of Ireland for August.

Sentiment among companies…

The Mozambican economy has been showing signs of revival, with the economy accelerating, the currency gaining value and international reserves being restored after a difficult year in 2016,…

The European Central Bank has fined bailed-out Irish bank permanent tsb (PTSB) for falling short of cash requirements, it said on Monday, the first such move since taking over banking…

Finland’s consumer confidence improved in August after weakening in the previous month, figures from Statistics Finland showed Monday, RTTNews reported. The consumer sentiment index rose to 23.5…

Italy’s consumer confidence improved more-than-expected in August to the highest level in eight months, while business confidence strengthened, survey data from the statistical office Istat…

China’s crackdown on overseas investments is expected to herald a slowdown in splurging on European clubs and impact teams where it hurts fans the most—on the pitch.

Blink and you may miss it, but the beginning of the end of over-the-top economic growth is just around the corner. That might sound alarmist, but most economists and policymakers are setting the…

The world’s first diamond futures exchange began trading in India on Monday, enabling companies in the largest producer of the cut and polished gems to better hedge price risks. The Indian…

Economic growth in Russia slowed in July compared with the previous month, the economy ministry said on Monday.

Gross domestic product grew by 1.5% year on year in July after expanding 2…

China's financial markets are sending conflicting signals about the health of the world's No. 2 economy, where a strengthening currency, buoyant stocks and soaring commodities contrast with the…

In order to fulfill Nigeria’s potential of stimulating economic prosperity, a reformulation of the nation’s business paradigm both theoretically and experimentally must be achieved, says Ayodele…

The explosive penetration of e-commerce is expanding low-income jobs and thus is undermining the national economy of South Korea in general.

A dogfight over the assets of troubled Alitalia and Air Berlin heralds a new shake-up in the European airline industry—but unless other carriers cut costs they may meet a similar fate themselves…

Qatar’s trade balance (a surplus) for July 2017 reached QR11.9 billion ($3.23 billion), witnessing a sharp increase of 78.1% (year-on-year), or about QR5.2 billion, compared to the corresponding…

Sweden’s center-left coalition said it would drop two of three planned tax hikes in its 2018 budget, but still plans to introduce an airline tax, confirming media reports earlier this week.

More than 20,000 foreign workers have come to the island country of Malta over the past few years but even more are needed to “build the railroad” and keep the economy running.

Lloyds Banking Group is poised to sell off its London headquarters in a sale-and-leaseback deal that would take advantage of a property market buoyed by an influx of Chinese buyers, Yahoo…

Foreign direct investment to Zimbabwe doubled in the first half of 2017 compared to the same period last year following President Mugabe’s clarification of the National Indigenization and…

Moody’s Investors Service has upgraded the government of Ukraine’s local and foreign currency issuer and senior unsecured ratings to ‘Caa2’ from ‘Caa3’ and changed the rating outlook to ‘…

The BRICS bloc of emerging economies serves as a model of pragmatic and flexible cooperation and coordination for the international community, according to Brazil’s foreign ministry official.

The nation’s business economists believe that the Federal Reserve’s long-awaited move to start reducing its massive bond holdings will push long-term bond rates higher but most think the impact…

The global economy is on track for a broad-based recovery and the International Monetary Fund is unlikely to change its outlook when it issues is next report.

The global economy is doing…