World Economy

The Dutch economy is picking up steam on the back of a surge in exports and is expected to post its strongest performance in a decade in 2017, a leading forecaster said on Wednesday.

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Stock markets around the world remained buoyed Tuesday by a seeming further easing in tensions between the United States and North Korea, which has helped investors rediscover their appetite for…

HSBC is working towards the introduction of artificial intelligence to global trade, by applying IBM’s optical character recognition and cognitive technology to automate the processing of paper…

China has announced a ban on imports of coal, iron ore, lead and seafood from North Korea. The measures are part of new UN sanctions aimed to punish Pyongyang after it tested two…

Singapore’s non-oil domestic exports in July likely rose from a year earlier for a third straight month, supported by strength in electronics exports, a Reuters poll showed on Tuesday. Non-oil…

Australia’s biggest bank has admitted failures costing staff and customers millions of dollars as the troubled lender faces legal action over alleged breaches of money laundering and terror…

Sanctions imposed by Persian Gulf Arab states are continuing to push up food prices in Qatar while hurting the real estate market, but not to the point of damaging the economy severely,…

Portugal’s economy grew 2.8% in the second quarter from the same period a year ago, maintaining its highest growth rate in a decade thanks to strong domestic demand and investment, official data…

South Korea’s Hanjin Shipping, which faces credit claims totaling around $10.5 billion, has raised only a fraction of that amount from asset sales since its bankruptcy last August.

Moody’s Investors Service says Asia will end the year with a relatively low default rate of 2.9%, which translates to four companies missing a payment. The technology industry is likely to…

Sterling slipped to one-month lows on Tuesday as the dollar’s rebound against a broad basket of currencies prompted investors to execute some short bets against it, Reuters reported. “The…

Negative interest rates are back in the spotlight. Investors and analysts are redoubling their warnings that with global borrowing costs already so low, central banks will need to be prepared to…

Lending to Canadian small businesses rose for a fifth straight month in June on stronger activity in construction and other major industries, data showed on Tuesday, suggesting that companies…

Foreign investors kept on buying Russian stocks and bonds in July despite tensions fuelled by another round of US sanctions against Russia, the Russian central bank said on Tuesday.

Strong household spending, rising state expenditure and higher company investments consolidated Germany’s role as the eurozone growth engine in the second quarter, although accelerating imports…

Japan’s gross domestic product grew by 1% in the April-June period, marking the sixth straight winning quarter in the longest string of gains since 2006.

Bitcoin soared past $4,000 for the first time on growing optimism that faster transaction times will hasten the spread of the crypto currency.

Uzbekistan’s national currency, som, has gained about 9% against the dollar on the Central Asian nation’s black market over the past seven days, as a full-scale exchange rate liberalization…

Yemen’s Central Bank, based in the country’s south, is accusing a Saudi-led coalition of blocking flights bringing cash to the country and “strangling” its economy, AP reported. Governor Mansr…

Irish consumer sentiment inched up in July to its highest level in 17 months, a survey showed on Monday, on strong economic growth and signs consumers may be a little less worried about the…

Stock markets rebounded in Europe and Asia on Monday after last week’s selling sparked by tensions between the US and North Korea. News that Japan’s economy expanded at a better-than-expected 4…

Heightened tension between North Korea and the United States could plunge global financial markets and the economy into chaos, according to an investment strategist.

Sudan’s annual inflation rate rose to 34.23% in July from 32.63% in June, the central statistics office said on Monday, partly reflecting the postponement of a US decision on whether to lift…

India’s consumer inflation is expected to have picked up in July after easing for three straight months, with food prices back on the rise, but is expected to remain well below the central bank’…

Indonesia and Vietnam have agreed to strengthen bilateral ties in order to enhance trade activities at the ASEAN level, tempo.co. reported. “Our strategy is to strengthen Vietnam’s position as…