World Economy

The New Zealand dollar fell for a second successive day on Friday as investors upped the odds that the central bank will cut interest rates in November, News Market reported. It dropped against…

The World Bank division that lends to the world's poorest countries is preparing to raise billions of dollars from capital markets next year after winning top-tier, first-ever credit ratings from…

Morale among small to medium sized businesses fell for the first time in four years, an industry body said on Thursday, due to concerns about the future of the British economy.

Commerzbank AG is preparing to cut as many as 5,000 jobs under a new strategy by Chief Executive Officer Martin Zielke to boost profitability, Boersen-Zeitung reported, without saying where it…

Greece needs substantial relief to render its debt load sustainable and help set its ailing economy on a recovery path, the International Monetary Fund said in an annual review on Friday, Reuters…

While Portugal is recovering after the crisis, its economy continues to suffer from meager growth, weak investment and competitiveness challenges. Its banking sector holds too many nonperforming…

Russian Finance Minister Anton Siluanov said on Friday he wanted to increase taxes on the oil and gas industry by around 50 billion rubles ($787 million) a year.

Canada’s annual inflation rate in August dipped to a 10-month low and the value of retail trade unexpectedly fell in July, according to weaker-than-expected reports seen keeping the central bank…

After a slow start, Indonesia’s tax amnesty program has picked up pace with over 100,000 Indonesians taking part and declaring more than $110 billion of assets, the finance ministry said on…

A young woman entering the job market today can expect to work for the equivalent of an average of four years more than her male peers over her lifetime, says international anti-poverty…

There was more bad news for eurozone on Friday with the latest flash purchasing manager’s index falling to a near two-year low, indicating that the economic upturn in the region is fragile and…

France’s economy unexpectedly shrank in the second quarter of 2016 as weak domestic demand offset the impact on GDP from a sharp drop in the country’s imports.

Japanese regulators are considering taking action against Apple Inc over possible antitrust violations that may have helped it dominate the nation’s smartphone sales, government sources said, a…

In a finding that should surprise no one, the National Academies of Sciences has reported that immigration makes America a more prosperous nation.

Turkey’s central bank did the right thing by cutting interest rates this week and it should continue to do so, President Recep Tayyip Erdogan said.

“I believe it will be beneficial to…

Airbus says the US government has granted it a license allowing it to sell the first 17 planes involved in a landmark deal with Iran.

Airbus Spokesman Justin Dubon told AP on Wednesday that…

A closely-watched forecast has slashed its prediction for UK economic growth next year by a full percentage point.

The Organization for Economic Cooperation and Development cited…

Microsoft Corp raised its quarterly dividend by 8% and said it would buy back up to $40 billion as part of a new share repurchase program, Reuters reported. The company raised its dividend to 39…

The shock to Turkey’s economy from the failed July 15 coup has largely dissipated, ratings agency Moody’s said on Wednesday, adding it expected to conclude its rating review of the country within…

Egypt’s current account deficit rose to $18.7 billion for the 2015-16 fiscal year that ended in June, from $12.1 billion last year, central bank data showed, Reuters reported.

Persian Gulf Arab oil exporters are expected to see their budget deficits peak this year due to the plunge in energy revenues.

As many as 400 migrant staff working for an electrical company in Qatar have gone unpaid for up to four months, a leading figure in the Indian community said Tuesday.

The workers are set to…

US Investors scrambling to find returns this year amid record lows for fixed-income assets have been heading south of the border.

According to a research note from Barings Asset Management…

Portugal's economy is coming closer to a catastrophic derailment which could trigger a eurozone meltdown, amid a toxic combination of rising bankruptcies, falling numbers of new businesses and…

Malaysia’s $30-billion pension fund, Kumpulan Wang Persaraan, is looking to pump in more money into technology firms, following its recent foray into the sector with an investment in what sources…