World Economy

Tech giant Samsung has sold shares in four companies, including ASML Holding NV and Seagate Technology Plc, to free up money for additional investments for its core businesses it announced on…

A group of Central European EU members known as the Visegrad Four, or V4, is ready to veto any Brexit deal that would limit people’s right to work in the UK, Slovakian PM Robert Fico says.

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Financial markets have coped well with the Brexit vote and other potentially disruptive political developments but asset prices may be running too high and the risks to market stability are…

The ratio of China in South Korea’s investment portfolio is dropping sharply amid a slowdown of economic growth, rising costs and regulations in China, Yonhap reported. According to the…

China will re-open its auction for 26 billion yuan ($3.90 billion) of 30-year bonds on Sept. 23, the Ministry of Finance said on Sunday, Reuters reported. The bonds will be issued from Sept. 23 to…

German cities are the site of rallies against transatlantic trade deals critics say would increase corporate power at the expense of governments and citizens. The trade pacts are losing traction…

Global ratings agency Standard and Poor's raised its rating for Cyprus by a notch to BB from BB-, citing stronger than expected growth and declining government debt.

The agency forecast…

India’s current account is likely to be in surplus in the first quarter of this financial year, says a Citigroup report, PTI reported. According to the global financial services major, trade…

The United States is often thought of as a country built upon the backbone of working- and middle-class Americans. But truth be told, the middle class is stuck in neutral, if not outright…

Nigerian billionaire Aliko Dangote told CNBC that a wave of asset selling by the government could be the best way to boost Nigeria's recession-hit economy.

"I think the real challenge for…

Brazil showed off its cultural brilliance, spirit and national pride on a grand stage during the recent Olympic Games in Rio.

Middle East economies have plunged into decline in the years of war since the Arab Spring, creating daunting economic and development challenges, according to an IMF report released Friday.

Indonesia’s budget deficit for this year may increase to 2.7% of gross domestic product from a previous estimate of 2.5%, Askolani, the finance ministry’s director general of budgeting, told…

Standard & Poor’s, one of the world’s leading index providers and independent credit ratings has downgraded Nigeria’s rating further from ‘B+’ to ‘B/B’, Yahoo reported. The agency stated this…

The current account surplus of Philippines registered a decline in the second quarter of the year on account of increase in trade-in-goods deficit, the Bangko Sentral ng Pilipinas reported, GMA…

Australia will move on and pursue other trade deals in Asia if the Trans-Pacific Partnership collapses, Foreign Minister Julie Bishop says.

The future of the 12-nation deal is in doubt with…

The benefits of the Bank of Japan's negative interest rate policy are "very big" because it is encouraging corporate debt issuance and lowering mortgage rates, an adviser to Prime Minister Shinzo…

The start-up scene is booming in France, the deputy minister for innovation and digital affairs told CNBC, as the country pushes to attract more tech entrepreneurs from across Europe—including the…

The Zimbabwean government might have resisted several calls to adopt the rand as its primary currency, but figures from the latest mid-term monetary policy statement show the South African…

Armenia has been listed in the top 20 among the world’s most economically free countries, raking the 18th out of 159 countries and territories, according to a new Fraser Institute…

India is now increasingly seen as a destination for innovation and digital transformation mainly due to some of its recently launched initiatives like ‘Startup India’ and ‘Digital India’, American…

The US consumer sentiment survey conducted by the University of Michigan had two different sections working against each other, causing the preliminary results for September to remain…

A European brokerage has advised investors to cut their holdings in tech stocks in Asia, and for Taiwan in particular, to maintain caution in the upstream segment of the electronics industry.

With policy splits among European Union countries putting their bloc under existential threat, national leaders agreed Friday on a six-month time table to come up with solutions for the multiple…

In the months following the financial crisis of 2008, all eyes turned to China. Traders around the world wondered if this government-run economy could turn the tide and spark a global economic…