World Economy

Brazilian consumer prices fell last month for the first time in more than a decade, a potential boost for President Michel Temer as he faces bribery charges.

Saudi Arabia said it had begun taxing foreigners working in the private sector as part of fiscal reforms aimed at coping with a drop in oil revenues. Long a tax-free haven for expatriates, the…

Gold ticked lower on Friday as a stronger US dollar and higher yields weighed on the market ahead of US jobs data later in the day that could give more clues about further rate increases, Reuters…

Bulgaria’s exports increased by 18.8% and imports by 18.4% in May 2017 compared to the same month of the previous year, KSH reported. The trade surplus was up €170 million ($193.8 million) to €913…

Canada’s unemployment rate is down to 6.5% after the economy churned out a better-than-expected 45,300 jobs in June. Most of those gains, however, were in part-time positions, Reuters reported .…

The Central Bank of Egypt decided Thursday to raise its benchmark interest rates by 200 basis points to control inflation as the country is implementing a harsh reform program, Xinhua reported.…

A significant pickup in inflation still remains tantalizingly out of reach in most developed economies—aside from asset prices—yet several central banks are leaning toward launching or stepping up…

Protesters have turned violent in Hamburg, Germany, as the G-20 summit, featuring many of the world’s most powerful heads of state, gets underway. A huge demonstration has been forcefully…

BRICS countries have warned of persistent downside risks to the global economy ahead of the G20 Summit in Germany.

Leaders of Brazil, Russia, China, India and South Africa, namely Michel…

The UK economy has suffered a triple blow as the latest trade data showed little evidence that there is a rebalancing towards manufacturing and exports.

Britain’s trade deficit widened to £…

US central bankers are divided over the risk of inflation and disagree over the timing of interest rate hikes into next year, minutes of the last Federal Reserve meeting showed late Wednesday.

The European Union and Japan have reached an agreement in principle on the main elements of an Economic Partnership Agreement, which will see complete elimination of tariffs on textiles and…

Greek citizens have grave concerns about their futures as the country continues to try to recover from the ongoing financial crisis, a new poll has revealed.

Pollster MRB asked people in…

The global equity rally that’s repeatedly shrugged off rising geopolitical uncertainty now faces a new test: the apparent certainty of higher borrowing costs. The spike in bond yields is just…

Microsoft said Thursday it was cutting an unspecified number of jobs amid reports the US tech giant was reorganizing its global sales operations, AFP reported. “Today, we are taking steps to…

Saudi Arabia will probably delay plans to raise gasoline and other energy prices until later this year or early in 2018 amid an economic slowdown, according to four people familiar with the matter…

European Central Bank governors mulled sending a stronger signal of confidence in the eurozone economy last month as a hint at a possible roll-back of its easy money policies, but decided against…

As a much-vaunted Trump reflation trade fizzled and the US president found himself embroiled in controversy, the big market surprise in the first half was that volatility fell. Traders who shorted…

China struck deal after deal to acquire companies abroad over the last few years. Now the bill is coming due. The nation’s top corporate dealmakers, including HNA Group Co. and Fosun International…

Thailand’s central bank held its benchmark interest rate near a record low, seeking to preserve policy room despite signs that the economy is heading deeper into deflation again.

Use of the euro as an international currency has declined over the past year, primarily due to concerns over political risk and the increased use of emerging market currencies, such as the Chinese…

France’s prime minister overwhelmingly won a confidence vote in the National Assembly after vowing to bring the country’s budget deficit under the European Union limit of 3% this year without…

Pakistan’s rupee plunged the most in nine years, after the central bank was said to have devalued the currency as its economy showed signs of stress ahead of elections next year. The rupee fell 3.…

Scotland’s economy defied gloomy expectations to grow by 0.8% during the first quarter of the year. Economic output was better than expected thanks to a boost in the manufacturing sector,…

Georgia’s economy expanded 4.5% in the first five months of this year, official data showed on Tuesday, up from 2.9% in the same period in 2016, after a rise in exports and remittances from abroad…