World Economy

The business community “turned less optimistic” about the third quarter of the year, results of the latest Business Expectations Survey by the Bangko Sentral ng Pilipinas showed Friday, gmanet…

The South Korean Finance Ministry said Friday that it will put policy priority on restructuring state coffers and strengthening innovative momentum to pull off 3% economic growth going forward…

The squeeze on household finances risks dragging Britain close to recession, economists warned Thursday after official figures revealed a collapse in consumer spending that threatens to cripple…

China’s growth prospects may be higher but it’s a bit too optimistic to suggest the world’s second-biggest economy is entering a new cycle of expansion, the International Monetary Fund’s chief…

World stocks drifted toward their best week in six on Friday, as a near three-year high in emerging markets shares and a roaring rally in metals bolstered the year’s global bull run.

A Chinese court has ordered three domestic shoemakers to pay more than 10 million yuan ($1.5 million) to New Balance in damages for infringing the US sportswear company’s signature slanting logo…

Cifas, the UK’s leading fraud prevention service, has released new figures showing that identity fraud has continued to rise at record levels in the first six months of 2017. A record 89,000…

Private equity firm Blackstone Group LP is exploring an initial public offering (IPO) of Gates Global LLC, three years after it acquired the US auto parts and building products maker for $5.4…

Toshiba has begun negotiations with business partner Western Digital in hopes of reaching an agreement this month to sell its flash memory arm and salvage a vital part of its turnaround plans,…

Lowe’s Inc the number-two US home improvement retailer, reported a 21.6% rise in quarterly profit on Wednesday as an increase in remodeling activity boosted traffic to its stores. Lowe’s net…

Asian indexes put in mixed performances on Wednesday following the rally on Wall Street overnight while the dollar lost ground following comments from US President Donald Trump.

Japan's…

Italy’s bonds fell for a second day, leading declines among Europe’s higher-yielding sovereign securities, as European Central Bank officials sought to temper investor expectations that they will…

Mexico’s peso fell and emerging market stocks lost some traction on Wednesday, after US President Donald Trump revived threats to build a border wall and terminate the NAFTA trade treaty.

Russia’s largest lender Sberbank has completed building up provisions for a loan it gave to Croatia’s indebted food and retail company Agrokor, the bank’s press office said on Wednesday.…

Business activity in Ireland has improved to its strongest reading since late 2015, the KBC Bank Ireland/Chartered Accountants Ireland has found.

Business sentiment index rose to 118 in…

This simple question is often lost among the many controversies facing the ride-services company as it tries to hire a new chief executive and resolve a bitter dispute with the old one, Travis…

Germany’s private sector grew at a faster pace in August as humming factories shifted into a higher gear, a survey showed on Wednesday, suggesting that Europe’s biggest economy is likely to…

China on Wednesday urged the US to withdraw new sanctions it imposed on Chinese companies that Washington says are supporting North Korea as it carries out increasingly ambitious missile tests…

Scotland’s business rates system, which charges non-domestic properties to contribute towards the costs of local services, is placing a higher burden on smaller firms.

The growth in labor productivity – real output per hour worked–in the US slowed markedly around 2004. During the previous ten years, labor productivity in the business sector had risen at an…

Pakistan posted a glaringly high current account deficit of $2.1 billion (0.6% of GDP) in July. Even though exports were up 26% to $1.8 billion, imports were up by a massive 51% to $4.7 billion…

Malaysia’s economy is set to grow this year with gross domestic product (GDP) likely to be above 5%, beating the 4.2% in 2016, said CIMB Group Holdings Bhd Chairman Nazir Razak.

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UAE’s real GDP growth will slow in 2017, owing to oil production cuts weighing down Abu Dhabi’s economy, BMI Research has said in a recent report. The slowdown belies a more positive story in…

German investor confidence fell sharply in August, amid growing concerns about the nation’s economic outlook and following the diesel vehicle scandal that has engulfed the nation’s car industry…

Subdued demand due to cash shortages in Zimbabwe has resulted in the annual rate of inflation for the month of July 2017, as measured by the all items consumer price index, to retreat to 0.14%…