World Economy

Spain’s economic activity is on the verge of recovering pre-crisis levels, official figures showed Friday, thanks to strong domestic consumption, an improvement in manufacturing and a tourism boom…

The European Central Bank should start thinking about how it wants to return to normal monetary policy and when it wants to wind down it bond purchases, governing council member Sabine…

Japanese companies continue to face severe labor shortages, with job availability improving further in June to the tightest level in over four decades while the unemployment rate declined,…

Ireland’s central bank on Friday raised its 2017 economic growth forecast sharply to 4.5% from 3.5% three months ago, citing stronger momentum at home and improved trading abroad, particularly in…

Brazil’s unemployment rate fell more than expected in the second quarter, government data showed on Friday, but the surprising improvement was mainly due to a spike in off-the-books jobs as…

South Korea’s overall domestic industrial output decreased again in June, recording a three-month decline for the first time since July 2013, largely due to decreases in the refining and…

The unemployment rate in Singapore moderated in the second quarter of the year, with the jobless rate amongst residents going down slightly from 3.2% to 3.1%. The uptrend seen since September 2016…

The confidence in Turkey’s economy hit its highest level since November 2013, according to official data released on Friday, underscoring the economy’s resilience following last year’s July 15…

A senior Chinese economic official on Thursday indicated that policymakers would be willing to sacrifice some short-term economic growth in order to deal with systemic risks.

Asian stock markets sagged on Friday after US tech shares retreated from recent rallies, though optimism about US corporate earnings and the global economy underpinned overall sentiment.

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Global ratings agency Moody’s has warned of a “prolonged” slowdown in spending in the UK economy.

“Alongside weaker GDP growth in 2017, a broader array of indicators point to a prolonged…

Sweden’s economy grew at a considerably faster pace last quarter than predicted by analysts, adding to pressure on the central bank to focus on the timing of an exit from years of extreme monetary…

Vietnam attracted $21.93 billion in foreign direct investment during the first seven months of this year, a surge of 52% year-on-year, the highest rate since 2011, according to the latest Foreign…

French inflation steadied in July as a slight rise in services and energy prices offset a slowdown in food prices, national statistics agency Insee said Friday.

The consumer price index in…

Pickup in global growth remains on track, according to the International Monetary Fund’s July outlook update, with global output projected to grow by 3.5% in 2017 and 3.6% in 2018. Despite the…

Two of the biggest eurozone economies extended their solid growth runs and confidence in the 19-nation bloc unexpectedly improved, underpinning the momentum the European Central Bank is banking on…

The Swiss franc fell on Friday and is on track to post its biggest weekly drop against the dollar for more than 22 months after breaking through some major technical levels.

Spanish bulls are betting the economy will beat expectations again. The consensus at the start of 2017 was for the economy to lose steam this year as tailwinds faded and past reforms wore off. Now…

Thailand’s central bank on Wednesday tightened controls on credit cards and unsecured personal loans, a move that should contain high household debt levels and could cut domestic consumption.

Russia threatened to retaliate against new sanctions passed by the US House of Representatives, saying they made it all but impossible to achieve the Trump administration’s goal of improved…

For a central bank that doesn't want to talk about an exit strategy, the Bank of Japan sure is talking a lot. The message: When you raise the subject, make sure you say you aren’t even considering…

The US dollar is the worst performing G10 currency this year, down 8% versus its major peers. But it’s still expensive relative to its history, according to Bank of America Merrill Lynch, Business…

Singapore’s industrial production in June rose 13.1% from a year earlier, exceeding market expectations, helped by expansion in electronics and pharmaceuticals output, data showed on Wednesday,…

Bank Indonesia seized and physically destroyed 189,477 sheets of counterfeit money on Wednesday. Before the counterfeits were destroyed, according to BI Executive Director of Money Management…

The general consolidated budget closed with a deficit of 0.77% of GDP, or RON 6.3 billion ($1.61 billion), in the first semester of the year, compared with RON 3.9 billion, respectively 0.51% of…