World Economy

One has to be concerned about the near-term prospect of an intensification of the eurozone’s downward economic and political spiral.

Global fund managers are raising cash because they increasingly believe that both bonds and stocks are too pricey.

That was the view found in the latest monthly survey of fund managers from…

At a business conference in Buenos Aires, Argentina’s President Mauricio Macri has asked international CEOs to take another look at his country. Foreign investment is desperately needed to revive…

Net foreign exchange sales by China’s central bank in August were the highest in six months as the bank sought to support the yuan, official data showed on Wednesday.

The number of German companies filing for insolvency fell further in the first half of the year after reaching a record low in 2015, as Europe’s biggest economy enjoys a prolonged upswing, data…

A series of unfortunate industrial and economic events at home and abroad are weighing down on the South Korean economy, blasting hopes for recovery in the second half of 2016.

Emerging markets took a breather, with stocks and currencies rebounding from their worst two-day drop since June, as traders pared bets that the Federal Reserve will raise interest rates next week…

German investor confidence came in lower than forecast in September as concerns set in about the global economic outlook.

Despite North Korea’s deepening isolation, along its border with China and Russia construction of tourist hotels is brisk and mountains of Siberian coal await shipment to Shanghai. A bustling…

High-speed electronic market making, already widespread in stocks, is getting a grudging welcome from currency markets. They don’t have much choice.

International Monetary Fund chief Christine Lagarde is to stand trial from December 12 for her role in a €400 million ($449.5 million) payout when she was France’s economy minister, Euronews…

Foreign direct investments flowing into the country plunged to the lowest level this year in June, the central bank said on Tuesday, ABS/CBN reported. The FDI plunged 41% year-on-year to $238…

Russia’s federal budget deficit decreased to 1.518 trillion rubles (about $23.5 billion), or 2.9% of the country’s gross domestic product, in the first eight months of 2016, the Russian Finance…

Chinese airlines will spend more than $1 trillion on new aircraft over the next two decades as they seek to meet booming demand for air travel, according to a new forecast by Boeing, CNNMoney…

Saudi Arabia has retaken the position of the world’s top oil producer from the US, according to the International Energy Agency.

“Saudi Arabia’s elevated oil production has allowed it…

Some of the biggest and best-known hedge funds can’t hang on to client capital.

Richard Perry, who started his hedge fund 28 years ago, has seen assets in his Perry Capital shrink to $…

Bank customers are being warned to stay vigilant as a new wave of cash machine distraction scams sweeps the country.

In the scam, victims are distracted for just a matter of seconds while…

China’s economy picked up steam last month, boosted by government infrastructure spending and property sales that are helping to stabilize growth.

A slew of data points reported Tuesday—…

Market contrarians continue to close out their short positions on stocks, bonds and risk currencies as buying supports market levels, record low bond yields and emerging market assets, CNBC…

Big Japanese manufacturers turned optimistic about business conditions in the third quarter and companies revised up their capital expenditure plans, a government survey showed on Tuesday, in a…

Italian industrial output rose more than economists estimated in July, led by pharmaceuticals and vehicle production, prompting expectations for a renewed recovery after growth stalled in the…

German Finance Minister Wolfgang Schaeuble said global regulators mustn’t punish Europe or any other region as they complete work on revamped bank capital requirements by the end of the year.

Kenya is on course to attract $2 billion in foreign direct investment in 2016, officials said on Monday. Ministry of Industry, Trade and Cooperatives Principal Secretary Julius Korir told Xinhua…

India’s annual consumer price inflation eased to 5.05% in August, helped by smaller rises in food prices, government data showed on Monday. Economists surveyed by Reuters had expected annual…

Deutsche Bank has no plans to sell its asset management business, its chief executive said in a letter to employees published on its website on Monday, Reuters reported. “There is one rumor…