World Economy

Morocco’s macroeconomic indicators indicate the country is ready to introduce a flexible exchange rate, but delaying the introduction is “not a problem”, the International Monetary Fund said,…

Business confidence has risen for the third month in a row, with New Zealand’s largest bank saying it was “pretty clear” the economy has picked up pace.

HSBC said on Tuesday that it now forecasts the Bank of Canada to hike interest rates in July and October, having previously forecast the central bank to keep rates on hold until the final quarter…

US bank stocks are at a crossroads—trying to regain the momentum they had earlier in the year amid signs that the Trump-trade cornerstones that had spurred the rally are not turning out as planned…

 Up to 73 million youth from countries belonging to the Organization for Islamic Cooperation are unemployed, said Bandar Hajjar, the president of the Islamic Development Bank, because of…

For the first time since 2014, the environment is benign for Greece’s quest to return to the bond markets: the completion of the second bailout review, the improved state of the Greek economy and…

Eleven US legislators are urging regulators to block a Chinese takeover of the niche Chicago Stock Exchange, or CHX, according to a letter sent on Monday. The letter called on the Securities and…

The term non-performing loans refers to impaired loans granted by lenders and represent exposures to entities unable to wholly or partly fulfill their obligations under the contract due to a…

The South Korean economy is experiencing a feeble recovery as brisk exports and investment were offset by flaccid private consumption and weak service sector growth, a government report said…

German exports rose more strongly than expected in May, outpacing a solid increase in imports and widening the trade surplus of Europe’s biggest economy, data showed on Monday.

Turkey’s industrial production rose 3.5% in May compared to the same month last year, the Turkish Statistical Institute announced Monday, Anadolu Agency reported. The electricity, gas, steam and…

Slovenian exports rose by 14.1% year-on-year in May while industrial output was up by 9.1% in the same month, the statistics office said on Monday, Reuters reported. Analysts said the figures…

The trade balance deficit in the period January 1—May 31 stood at €4.467 billion ($5.09 billion), €680.1 million higher than the one registered in the period January 1—May 31, 2016. The value of…

One way to speed up Africa’s economic transformation is through deeper trade integration. Official statistics put intra-African trade at a mere 13% of the continent’s total trade. That is…

Stock markets rallied on Monday and the US dollar hit a two-month high against the yen, as robust economic data from the United States and Germany left investors increasingly confident about the…

Asia's two biggest economies are out with new economic data this morning, with the latest read on Japan's economy raising concerns about the strength of its recovery.

Switzerland’s unadjusted unemployment rate dropped to 3% in June from 3.1% in May and in line with market estimates. It was the lowest jobless rate since October 2014, as the number of unemployed…

Samsung has just released the figures for their second-quarter earnings and it appears the smartphone manufacturing giant has set the bar even higher. The company states that their profits have…

The financial crisis that started in 2007 may well prove to be main reason behind new economic thinking aimed at putting some life back in western economies. Many analysts would agree that…

Singapore is expected to show 1.1% quarter-on-quarter growth in April-June, averting a recession thanks to an uptick in electronics output as well as a recovery in the services sector, a Reuters…

Qatar has $340 billion in reserves including holdings of its sovereign wealth fund that could help the Persian Gulf Arab country to weather the isolation by its powerful Arab neighbors, central…

Malta’s trade deficit doubled in May reaching €501.5 million ($571.03 million) compared to €249.8 million in the corresponding month of 2016. The National Statistics Office said imports increased…

The State Bank of Vietnam has cut several interest rates for the first time since 2014, in order to support businesses and boost economic growth.

A German think-tank warns that the US, Russia and China are lagging in efforts to meet the United Nations 2030 development goals. A report by the Bertelsmann Foundation partly blames growing…

After-hours surges and plunges that have whipsawed gold and silver prices over the past two weeks are unnerving traders.