World Economy

China’s factory price inflation remained steady for the third consecutive month in July, the government said on Wednesday, coming in slightly below expectations as experts warn of a further…

The downturn in the overall health of the Egypt’s non-oil private sector eased in July, with the latest deterioration in business conditions marking the weakest in a year, according to new…

Illegal trade, fraud, smuggling and counterfeiting cause a huge deficit in Cameroon’s economy, incurring an annual loss estimated at around CFA150 billion ($268.7 million), according to figures…

Singapore’s economy is expected to be a shade rosier this year, with growth of about 2.5%, higher than last year’s 2% expansion, Prime Minister Lee Hsien Loong said on Tuesday, in his National…

Brazilian Central Bank President Ilan Goldfajn said that Latin America’s largest economy remains weak though it is on course to show modest growth next year. In an interview with a Sao Paulo…

US President Donald Trump touts the economy every now and then, taking credit for the stock market’s record rise and the few jobs deals he’s negotiated. But a closer look at reality reveals a…

The International Monetary Fund trimmed its 2017 growth forecast for the Philippines to 6.6% from 6.8%, citing slower than expected first quarter expansion, but was optimistic the economy would…

A decade ago, the European Central Bank took its first step to becoming the eurozone’s firefighter-in-chief. Its €95 billion ($111.4 billion) emergency loan to banks on Aug 9, 2007, was the…

Mazda Motor Corp said it would become the world's first automaker to commercialize a much more efficient petrol engine using technology that deep-pocketed rivals have been trying to engineer for…

Germany’s trade surplus grew in June, official figures showed Tuesday, while saber rattling continues in Washington and Brussels over possible US protectionist moves. AFP reported.

Ireland is set to wave goodbye to the “lost decade” that followed the property crash, as domestic spending returns to its previous peak level this year on the back of strong economic growth and…

In five decades of importing steel wires, Zahar Benmoussa’s company never worried about currency risks—until Morocco announced plans to float the dirham.

Global stocks inched up to a new record high on Tuesday, shrugging off weaker-than-expected Chinese trade data that clouded an otherwise bright outlook for global growth.

Wall Street was…

YPO, the premier chief executive leadership organization in the world, announced Tuesday that economic confidence among business leaders in Canada edged up in the second quarter of the year.

The recovery pace of the South Korean economy has remained feeble for months as an upturn in exports and private consumption was offset by weak industrial output, a government report said…

The Egyptian economy can sustainably expand at an annual growth rate of 5 to 6%, said an industry expert, noting that further reform progress is crucial and access to foreign funds is a key…

Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the US luxury electric carmaker seeks fresh sources of cash to ramp up production of…

Mortgage-finance giants Fannie Mae and Freddie Mac could need nearly $100 billion in bailout money in the event of a new economic crisis, according to stress test results released Monday by…

Turkey’s industrial production advanced 3.4% in June 2017 compared to the same month last year, the Turkish Statistical Institute announced on Tuesday, World Bulletin reported. Turkey’s…

Ransomware attacks continued their rise in the first six months of 2017, with Lloyd’s of London insurer Beazley reporting that its clients reported an increase of more than 50% in incidents over…

Spain will call for a eurozone budget and finance minister to oversee it at an August 28 summit with France, Germany and Italy, Prime Minister Mariano Rajoy said Monday.

“We are going to…

Chinese trade growth slowed significantly in July compared to the previous month, official data showed Tuesday, coming in well below expectations after months of steady momentum.

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Debit cards and credit transfers are increasing globally, largely due to growth in emerging markets, according to the 2017 World Payments Report. While check use continues to decline, cash…

For all the talk of globalization’s retreat amid the mercantilist rhetoric of US President Donald Trump, it’s proving to be a very different story in Asia.

Seasonal factors have caused a decline in Germany’s industrial output, official figures have shown. But economic experts are in agreement that the general upward trend in Europe’s powerhouse in…