World Economy

Once Britain recovered from the worst of the crippling damage done by the financial crisis, the economy started to tick along at a reasonable pace. Since June 2016, however, when Britain voted to…

The shine is coming off the French consumer. A measure of household confidence in the eurozone’s second largest economy fell markedly from a decade-high in July–the first decline since the height…

Financial Services Commission Chairman Choi Jong-ku said Wednesday that domestic banks are responsible for soaring household debt, dropping hints at stronger regulation on their lending practices…

Reserve Bank Governor Philip Lowe has waded into the highly charged debate over inequality in Australia, contradicting Treasurer Scott Morrison's insistence that the differences between the haves…

The International Monetary Fund warned of significant downside risks to the eurozone’s economic outlook and urged the European Central Bank to keep stimulus in place amid weak price pressures.

Richard Liu gave up a seven-figure salary this month to get into one of the hottest financial instruments around right now: initial coin offerings. The former China renaissance deal-maker has…

Things are looking up for Malaysia, with more foreign investors cashing in on the country’s improving economy and strengthening currency, market participants told CNBC on Tuesday.

On June 21, the executive board of the International Monetary Fund concluded the Article IV consultation with Jordan. Jordan has made significant progress since the 2014 Article IV Consultation…

The International Monetary Fund expects Canada to lead the G7 for economic growth this year. The IMF raised its outlook for Canada as part of its latest world economic outlook update, AP reported…

South Korea’s new administration is shifting gears to achieve a fair and labor-friendly economy after decades of export-driven growth led by big businesses left many behind in economic prosperity…

German companies seem to be unfazed about the summer lull heading their way. The business climate in Europe’s largest economy improved for a sixth month in July, according to Munich-based Ifo…

Greece is making its return to the market Tuesday after a three-year absence with the sale of a five-year bond. Analysts have applauded the timing but caution the country is still in the hands of…

The International Monetary Fund has projected that Nigeria’s economy will grow at a faster pace than South Africa’s in 2018. According to its World Economic Outlook for July 2017, the IMF said…

Egypt’s foreign reserves are now close to $35 billion, President Abdel Fattah El-Sisi announced during a question-and-answer forum at the Fourth National Youth conference in Alexandria on Monday,…

Cambodia’s economic growth should stay at around 7% this year and the next as public spending and tourism offset a fall in private investment because of election uncertainty, the International…

French industrial morale held steady in July for the third month in a row at a more than six-year high, data from state statistics body INSEE showed on Tuesday, Reuters reported. Morale in the…

India’s cabinet has approved a plan to sell its entire 51.1% stake in the third-largest local refiner Hindustan Petroleum Corp to the country’s biggest explorer, state-held Oil and Natural Gas…

The Turkish economy could be harmed if growing tensions with the bloc, and especially with Germany, get out of hand, said European Union Enlargement Commissioner Johannes Hahn, on the eve of talks…

Southeast Asian stock markets rose on Tuesday ahead of a two-day policy meeting of the US Federal Reserve that will be keenly watched by investors for any fresh hints on whether it will raise…

For years, bond traders have been hard-wired to “buy the dip”. This has often worked well in a world awash in central bank cash, when any sell-off has quickly been answered by a rally. But this…

Nearly a fifth of the $94 trillion in global infrastructure investment needed by 2040 risks being unfunded if current spending trends continue, the G20-backed Global Infrastructure Hub said on…

South Africa needs bold structural reforms to boost the ailing economy as there is limited room for monetary and fiscal stimulus, the Organization for Economic Cooperation and Development Economic…

The rapid growth of a BlackRock Inc. exchange-traded fund that tracks emerging-market debt is causing jitters among investors.

The world is leaning less on its biggest economy to sustain the global recovery, according to the International Monetary Fund.

Advances in information technology and growing flexibility in the labor market in recent years could naturally cap inflation, potentially affecting monetary policy, European Central Bank executive…