World Economy

Some European exporters are beginning to worry about the strengthening euro which has rebounded from near parity with the dollar after Donald Trump’s election, though analysts see little…

Australia’s biggest bank Monday admitted mistakes were made but vowed to defend claims it breached money laundering and terrorism financing laws, which could result in massive fines.

In a rare move, China’s foreign exchange regulator named nine banks for violations of foreign exchange regulations amid continued efforts to clamp down capital outflows.

Indonesia’s economy grew at a steady pace in the second quarter, the Central Statistical Agency said Monday. RTTNews reported. Gross domestic product climbed 5.01% year-on-year in the second…

North Korea is in for a plunge in economic activity, following new economic sanctions by the United Nations, on top of tumbling trade with China and the worst drought since 2001.

Statistics Sweden figures indicated that the gross domestic product of Sweden increased 1.7% in the second quarter of 2017 with a 4% year-on-year growth rate. Economists initially called out a…

France is working with Germany and other partners to plug loopholes that have allowed US tech giants like Alphabet Inc.’s Google, Apple Inc., Facebook Inc. and Amazon.com Inc. to minimize taxes…

The Association of Southeast Asian Nations has much to crow about as it marks its 50th anniversary: economic and social progress, a manufacturing powerhouse and a relative political stability.…

Bitcoin extended gains to a record, ignoring a split in the crypto currency over its future. The digital exchange rate jumped as much as 16% from Friday to an unprecedented $3,292.41, even after…

UK consumers cut back on spending for a third month in July as house-price growth slowed sharply, dealing yet another blow to the economy, Bloomberg reported.The broad-based weakness is being…

The dollar churned narrowly against chief rivals Monday, trying to extend its late-week bounce from a nearly 15-month low after largely upbeat US hiring data out Friday was seen clearing the way…

Malaysia’s factory output, as measured by the Industrial Production Index, is expected to remain robust in June, although growth will likely be slower than the preceding month due to the softer…

Recent figures published by the Bank of Spain covering the first quarter of 2017 show household wealth is on the rise.

During the first three months of the year, it increased by 1.74%–by…

When the rent rises 5% in Atlanta, another 83 people become homeless. In New York, about 3,000 do.

Demonetization in India did not impact this year’s increments in spite of all speculations to the contrary as companies doled out as much as 20% to key talent in the appraisal process, finds out…

Malaysia has been able to sustain its strong economic growth over the years, driven by measures introduced by the government including the National Transformation Program which was launched in…

The economic crisis in Venezuela has sent the country spiraling into a humanitarian disaster, as access to food and medicine and other needed supplies has become more and more difficult.

Australia’s central bank is more confident that economic growth will accelerate over the next two years but expects little improvement in unemployment or wage growth, suggesting official…

South Korea’s per capita gross domestic product is expected to edge past Italy’s in 2018, the government predicted Sunday, based on growth forecast data.

Despite an overall increase in job creation, Morocco’s official unemployment rate slightly rose to 9.3% in the second quarter from 9.1% during the same period last year, the planning agency said…

The Brazilian Tree Industry reported that in the first half of 2017 (January - June) pulp exports rose 6.8% in comparison with the same period of the previous year, reaching 6.8 million tons;…

Saturday’s release of the Swiss manufacturing PMI for July at 60.9, the highest level recorded since February 2011, as well as last Friday’s strong reading of the broad-based KOF Barometer for…

Small and medium-sized enterprises in Hong Kong can look forward to more tax incentives as the government tries to counter competition from regional rivals offering lower rates.

The Chinese Communist Party’s National Congress, which gathers once every five years, will meet this autumn. For the administration of President Xi Jinping, which is entering its second term,…

Chief executives of some of the UK’s challenger banks have issued a fresh warning of headwinds facing the nascent sector. In the past few weeks, the bosses of several lenders have sounded the…