A closely watched survey shows that economic growth across the 19-country eurozone has slipped back in June to a five-month low but that the region still enjoyed its best quarter for more than six…
World Economy
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Thailand’s customs-cleared exports rose for a third straight month in May, handily beating expectations, as global demand improved, suggesting the trade-dependent economy was gaining momentum.
World-EconomyThe European Union has extended economic sanctions against Russian for a further six months, an EU official said. This follows the EU’s decision Friday to extend sanctions against Crimea for…
World-EconomyChinese overproduction is sending the US aluminum industry into near collapse, endangering supplies of materials critical to American defense and national security, manufacturers told a public…
World-EconomyThe economy is tipped to grow by 2.7% this year despite uneven performances from different sectors, according to a report Thursday. The forecast means expansion would exceed the 2% growth last…
World-EconomyThe French economy grew 0.5% in the first quarter from the previous three months, the INSEE statistics agency said on Friday, revising the figure up from 0.4%.
INSEE nudged up the gross…
World-EconomyCambodia’s economic growth is expected at 7% in 2017, driven by garment export, construction, tourism and agriculture, a National Bank of Cambodia expert said on Friday, Xinhua reported.
World-EconomyIndia’s forex reserves increased by $799 million, mainly on account of rise in foreign currency assets, to touch a record high of $381.955 billion in the week to June 16, RBI said, PTI reported.…
World-EconomyTakata suffered another crushing collapse on Thursday, plummeting more than 50% on fears the troubled airbag maker at the center of the auto industry’s biggest-ever safety recall is headed for…
World-EconomyThirty-four of the largest banks operating in the US cleared a Federal Reserve stress test of their ability to withstand economic shocks, showing firms are getting the hang of the once-dreaded…
World-EconomyThe Netherlands’ gross domestic product, the most accurate measure of the economy, rose by 0.4% in the first three months of the year compared with the final quarter of 2016, the national…
World-EconomyGlobal manufacturing output rose by 3.7% in the first quarter of 2017, compared to the same period of last year–a rate higher than the average rise observed in 2016, a United Nations Industrial…
World-EconomyWith emerging markets stocks standing tall on the world scene lately, blowing past the S&P 500, the current slide in the prices for oil and other commodities is not a good portent. Should…
World-EconomyCanada’s annual inflation rate cooled more than expected in May, moving it further away from the Bank of Canada’s target and reducing the odds of an interest rate hike next month.
The…
World-EconomySouth Africa still needs “significant transformation”, but it would take place more effectively in a faster-growing economy, wherein the treasury had more flexibility in its spending choices and “…
World-EconomyIf the mining charter is implemented, the already low credit ratings of South African resources groups will be cut further, Moody’s warned on Wednesday morning.
World-EconomyGlobal stocks retreated and the yen strengthened after oil tumbled into a bear market on concern a supply glut will persist. Havens including bonds, the yen and gold gained.
World-EconomyGerman Chancellor Angela Merkel for the first time sketched out the outlines of a bargain with France on fixing the governance of Europe’s single currency, in the clearest sign yet that the two…
World-EconomyOil-rich Persian Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as tax-free havens, aim to introduce value-added tax in 2018 to plug budget…
World-EconomyFinland’s Finance Ministry lifted its growth forecasts on Wednesday, citing recovering exports, and called once again for the government to take advantage of the upswing to reform the economy and…
World-EconomyRisks to global growth appeared to have diminished, with markets so far taking policy tightening from the US Federal Reserve in their stride, the European Central Bank said Wednesday in a regular…
World-EconomyAmerica is in trouble and that trouble is real, factual, chaotic and dangerous. For the first time since the industrial revolution, the US faces two significant growth issues: 1) a declining labor…
World-EconomySri Lanka’s central bank is expected to keep its key interest rates steady at more than three-year highs at a policy meeting on Friday, a Reuters poll showed, to boost faltering growth hit by…
World-EconomyThe Czech economy is now prepared to adopt the euro and would have no significant problem in joining the single currency market, according to the governor of the Czech National Bank, Jiri Rusnok,…
World-EconomyBrazil added a net 34,253 payroll jobs in May, government data showed, the second straight month of job creation as the economy slowly emerges from its deepest-ever recession. Economists expected…
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