World Economy

Romania’s gross domestic product expanded at an annual rate of 5.7% in the first quarter of 2017 compared with the same period in the previous year, said the National Institute of Statistics,…

In January-April 2017, the gross domestic product made up AZN 20,139,800,000 ($11.81 billion), down 1.2% from previous year, said a statement from the State Statistical Committee, apa.az reported…

Malaysia’s pace of economic growth likely picked up in the first quarter of this year, on resurgent exports and strong domestic demand, a Reuters poll showed. The median forecast from 12…

Spain’s Prime Minister Mariano Rajoy has joined the French President Emmanuel Macron to demand deep reform of the eurozone even blaming the bloc for its high unemployment rate.

Madrid has…

The International Monetary Fund cut its forecast for Uganda’s growth for the fiscal year ending next month to between 3.5 and 4% from 5% on Tuesday, blaming drought and slow credit growth, Reuters…

Bank Indonesia said the trade surplus of $1.24 billion in April 2017 shored up the country current account balance, Antara News reported.

US auto giant Ford is poised to cut thousands of jobs worldwide, with reductions expected to total about 10% of its global workforce, the Wall Street Journal said late Monday. America’s second…

Southeast Asian millennials are showing strong consumer confidence due to growing affluence, rapid advances in technology and infrastructure, and increased access to education in the region,…

Despite high levels of economic confidence expressed by business owners and consumers in the United States, one key indicator shows that it has not translated into much action yet.

Ireland’s monthly trade surplus, the value of exports over imports, has breached €5 billion ($5.51 billion) for the first time. The stronger-than-expected performance for March was driven by…

The mood among German investors improved further in May to reach its highest since July 2015, a survey showed on Tuesday, in a further sign that political uncertainties which have clouded the…

Bank of Japan Governor Haruhiko Kuroda said the central bank will be able to unwind its massive policy stimulus “quite well”, dismissing concerns that a shift away from years of aggressive easing…

Finland’s gross domestic product rose 1.6% in the first quarter from the previous quarter, data showed on Tuesday, indicating the eurozone member was recovering from a decade-long stagnation…

France’s inflation rate held steady in April, below the eurozone’s average for the month and defying a broader uptick in prices seen across Europe on the back of the later timing of Easter last…

The eurozone's surplus for trade in goods with the rest of the world during March was the widest since the single currency was launched in 1999, as exports jumped.

Sweden’s central bank on Tuesday proposed tweaking the way it targets inflation to set its sights on underlying rather than headline price rises and introduce a “tolerance band” around its 2% goal…

Norway’s recovering economy grew faster than anticipated in the first part of 2017 and consumer confidence has hit a two-and-a-half year high, data showed on Tuesday, boosting the crown currency…

Portugal has something more to celebrate than winning the Eurovision song contest. The economy grew at its strongest pace in nearly a decade in the first three month of the year. It expanded 2.8%…

Angela Merkel’s nation is running a current account surplus of around $294.8 billion, or 8.6% of GDP, according to the latest figures.

Italy’s annual inflation rate rose to 1.9% in April, up from 1.4% in March, according to ISTAT’s flash estimate released on Monday. It is necessary to go back to January 2013, when the inflation…

As a dynamic region with rapid economic growth, the Asia-Pacific region has become a primary driving force for the global economy thanks to its abundant human resources with high skills, which are…

Indonesia’s exports and imports grew more slowly than expected in April, while the country’s trade balance was smaller than a month before, the statistics bureau said on Monday.

Southeast…

Non-oil economic growth in the United Arab Emirates is set to rebound this year as austerity slows after a couple of years of tough belt-tightening due to low oil prices, a senior official of the…

Chinese initiative “One Belt, One Road” is aimed at achieving peace, and that’s why it is closely linked with UN goals and principles, the UN Secretary General Antonio Guterres said, Ria Novosti…

New Zealand retail sales rose faster than expected in the first quarter, with most industries reporting gains, a sign that domestic consumption was driving the economy forward, EconomicCalendar…