World Economy

South Korea’s top 30 conglomerates increased their investment 28% on-year in the first half of this year on the back of strong performances by chip and display makers, a market tracker said…

Malaysia’s economy grew faster than economists forecast in the second quarter, fueled by stronger consumer spending and a pick-up in manufacturing. Gross domestic product rose 5.8% from a year…

Infosys Ltd. approved a 130 billion rupees ($2 billion) share repurchase to improve returns for stakeholders of the Indian software exporter a day after Chief Executive Officer Vishal Sikka quit…

Experts from APEC member economies spoke about the need to invest in quality infrastructure at a workshop hosted by the Japanese Ministry of Land, Infrastructure, Transport and Tourism in…

The big news of the week was Japan’s impressive 4% gross domestic product growth for the second quarter of the year. This was the biggest increase since the first quarter of 2015. The growth…

The Bangko Sentral ng Pilipinas said the 6.5% Philippine gross domestic product growth in the second quarter of the year was proof that the economy was far from overheating, PNA reported.

Contracts awarded to build economic projects in the Persian Gulf’s rich Arab oil exporting states slumped in the first half of this year but are expected to pick up in the second half, a data…

Finished steel export jumped by 64.2% to 0.770 million ton in July compared to 0.469 MT in the same month last year. Import of finished steel also shot up by 42.2% at 0.798 MT in July this year…

Here’s how much hope and expectation has been built into the stock market: Big companies are healthy and making fatter profits than Wall Street expected, yet it’s barely enough to keep the…

Companies from the world’s second-biggest economy are increasingly targeting the region for investment, especially into infrastructure. That’s a potential boon for developing economies, which…

The EU would be mad to spurn our offer of tariff-free trade and should shake on post-Brexit deal—or be stuck with a £13.2 billion ($16.92 billion) bill, Conservative MP Charlie Elphicke said.…

Turkey has occupied the third rank among the 20 major economies as to economic growth after its average growth reached 5% during the first quarter of 2017, aawsat reported.

Academics and business leaders from developing countries attending a BRICS governance seminar in China have expressed confidence in the bloc to drive world economic growth.

The two-day…

Russia’s Economy Ministry is continuing with the sale of state assets despite new US sanctions and this week closed the bidding from banks for advising on the privatization of United Grain…

A sour bet on the direction of natural gas prices contributed to Goldman Sachs’ weak performance in commodities trading during the second quarter, Business Insider reported. According to The…

Japan will host an international symposium aimed at jump-starting the stalled negotiations on forging a tariff-cutting agreement for environmental goods involving 46 members of the World Trade…

As the nation was reeling from the racially charged violence in Charlottesville, Virginia, and the president's response, Donald Trump was quietly having one of his biggest weeks to date on trade…

Economic activity in Brazil expanded at a faster pace than expected in June, the latest in a batch of reports suggesting an economic recovery may be taking hold. Economic activity rose 0.50%…

Credit rating agency Fitch on Friday upgraded Greece’s debt by a notch, citing what it called an improving outlook and amid expectations the country’s debt sustainability will steadily improve…

Singapore residents were significantly more optimistic about the economy in the first half of this year, after consumer confidence hit a seven-year low last year, going by survey findings…

Emerging stocks and some currencies ended the week on a sour note as investors fretted over US political turmoil on Friday, but many assets were still in line for solid weekly gains. MSCI’s…

The Chinese government has adopted a 'Made in China 2025' economic development strategy which is emerging as a huge risk to Germany's economic base, says economist Christian Rusche from the IW…

Thomas J. Lee, one of the most bearish stock strategists on Wall Street, is feeling a lot more optimistic about the prospects for bitcoin. The crypto currency could reach $6,000 by the middle of…

Canada’s annual inflation rate picked up steam in July after slowing to a near two-year low in the previous month, as it cost more to purchase gasoline and maintain a residence.

Chile’s economic growth expanded in the second quarter when compared with the prior quarter. The economy expanded 0.9% year-on-year and grew 0.7% quarter-on-quarter. The construction sector…