World Economy

Russians believe that the most serious problems that the country faces now are connected with low salaries and living standards (24%), the state of economy (21%) and the current social policy (…

Industrial output across the 19 countries that make up the eurozone fell in June, official figures showed Monday, in a development that likely illustrates the export-sapping impact of the rising…

China’s government appealed to US President Donald Trump on Monday to avoid a “trade war” ahead of what the White House says is a possible announcement of an investigation into whether China is…

A recent string of economic indicators point to the weakening recovery of the South Korean economy, casting doubts over the government’s expectation that this year’s growth rate will reach 3%.…

Living standards in Britain will stay squeezed, economists warn, as data out this week is expected to show inflation resumed its upwards march in July. Office for National Statistics figures are…

Demand for commercial property space is continuing to fall in the United Arab Emirates as economic growth slows, according to a report published by the Royal Institution of Chartered Surveyors…

China's industrial output, investment and consumption are widely expected to be relatively high, despite milder growth in July, as the economy continues to show resilience.

Italy is working hard to shake off the sick man tag. Through government tensions, bank rescues and a migrant crisis, business sentiment has improved and the economy managed to maintain…

Of all the global consequences of President Donald Trump’s first half-year, surely one of the most surprising is the rise in multilateral diplomacy. After all, this is the guy who came into…

The businessmen panel of The Federation of Pakistan Chambers of Commerce & Industry said that exports have registered a fall of over five billion dollars in the last three years, which has…

Romanian economy accelerated in 2016 with gross domestic product advancing at 4.8% annually. The key driver of the growth was private consumption fueled by lower taxes, surging wages and falling…

If Mario Draghi is worried about the strength of the euro, he’s hiding it well for now. The European Central Bank president has shirked any invitation so far to bemoan the recent appreciation of…

Venezuela, the country that sits on the largest oil reserves in the world, is going through the worst economic crisis in its history. It is on the verge of a collapse as its economy and…

Saudi Arabia’s economy is expected to contract further in 2017 before rebounding next year as the oil crash that began three years ago and heralded a prolonged period of low hydrocarbon prices…

Nearly 75% of Japan’s biggest companies believe economic conditions will improve toward the end of the year, according to a survey released Saturday that showed optimism growing amid slow but…

Economic growth in the Philippines likely accelerated to 6.8% in the second quarter from 6.4% in the first quarter, lifted by stronger exports of electronics, Moody’s Analytics, a division of…

Fitch Ratings downgraded Chile’s credit rating to ‘A,’ from ‘A+,’ but raised the country’s outlook to ‘stable,’ from ‘negative,’ saying that the extended low economic growth period and lower…

Singapore's Ministry of Trade and Industry narrowed its full-year gross domestic product forecast upwards, reflecting a more confident stride amid an improving global and domestic environment…

French private sector job growth grew at its fastest rate in least six years in the second quarter of the year, adding 91,700 jobs, data from the INSEE statistics agency showed on Friday.

Turkish President Recep Tayyip Erdogan this week launched a fresh barrage of criticism and warnings at banks, charging that they are making unfairly large profits during a time of economic…

President Donald Trump’s push to renegotiate the North American Free Trade Agreement is putting Mexico in a tough spot, threatening the system that has helped turn the country into a top…

Infrastructure investment by Chinese companies in Brazil is gathering steam as economic activity stagnates in the South American country, Nikkei reported.

Bank Negara Malaysia said electronic-based payments may result in savings amounting to up to 1% of a country’s economy due to lower retail payment cost versus cash transactions, theedgemarket…

A pair of inflationary indicators whiffed on expectations this week, potentially complicating life for officials at the Federal Reserve as they aim to raise interest rates, reduce the size of…

The economic mainstream is perplexed: growth is finally taking hold across Europe, economic forecasts have been revised upwards, and employment is expanding. The only indicator that stubbornly…