World Economy

Tens of thousands of refugees have found jobs in Germany—although most of these are in the low-wage sector. Economist Wido Geis tells DW that this marks a first step towards successful integration…

Brazil’s economy contracted more than analysts expected in May as policymakers grapple with the worst recession in decades, Bloomberg reported. The central bank said its economic activity index, a…

BNP Paribas Investment Partners is due to merge two multi-asset funds following a review of its fund range, Yahoo reported. The BNP Paribas Multi-Asset Isovol fund will be merged into…

Turkey needs to invest more in education and research, deepen trade agreements and strengthen the rule of law if it is to boost productivity and increase the value of its exports, the OECD said on…

Portugal has rejected suggestions by Brussels that additional budgetary corrective measures, better known as austerity, in southern Europe, would most likely see the country avoid sanctions…

More rich Asians are asking private banks to manage their wealth amid increasing volatility in financial markets, a new survey shows, in an encouraging sign to firms such as UBS Group AG and…

The new Chancellor of the Exchequer Philip Hammond has said the UK’s vote to leave the European Union has “rattled” financial markets.

He added the UK would face “challenges” in managing…

After felling more than a quarter of its banks, Russia wants to make sure the survivors get more than a slap on the wrist for flouting the rules.

South Korea posted $11.5 billion in trade surplus last month on faster fall in imports than exports, customs data showed on Friday, Xinhua reported. Revised figure for trade surplus reached $11.5…

Italian banks’ high levels of bad debts can be managed, European Central Bank supervisor Ignazio Angeloni told a domestic newspaper, adding that the problem was not specific to Italy.

After having worked its way back up to some sort of economic stability after the Great Recession of 2009, it would seem that Britain should be optimistic for the economic future of SMEs in the…

Laurence D. Fink and Howard Marks joined the likes of Bill Gross and Jeffrey Gundlach cautioning that buyers may be ignoring sluggish economic growth and Britain’s departure from the European…

China's economy expanded more than expected in the second quarter of the year, Beijing said Friday, fuelling hopes growth may be stabilizing, but analysts warned private investment was worryingly…

Wealthy US investors are holding record cash balances out of fear that the US presidential election will wreak havoc on their retirement accounts, a senior UBS Group AG executive said.

Nearly half of Kenya’s public sector expenditure goes unreported in fiscal documents compiled by the government, making it difficult to track the diversion of funds released to State corporations…

 Spain’s consumer prices fell by 0.8% in June when compared with the same month of a year earlier, according to data of the Consumer Price Index confirmed on Wednesday by Spain’s Statistical…

Economists are expecting Australia’s unemployment rate to increase slightly to 5.8% when figures are released on Thursday, ABC reported. If expectations are met, it would be the first increase in…

Serbia’s GDP growth rate in the first six months of this year will be the highest in the entire region and among Europe’s four highest, Prime Minister Aleksandar Vucic said Wednesday, Serbian news…

The vast majority of Omanis surveyed have said that the increase in fuel prices has had an effect on them, and almost half say it has had a significant effect on them and their families, the…

Asian markets rallied again on Wednesday with investors taking heart from another record close on Wall Street and talk of central bank stimulus, while China released better than expected export…

Malaysia’s new central bank Governor Muhammad Ibrahim unexpectedly cut interest rates for the first time in seven years, joining Asian counterparts from Indonesia to Taiwan in easing policy…

New Zealand said on Wednesday it will introduce a registry of foreign trusts that local tax and law enforcement agencies could use to investigate suspected money laundering and tax evasion.

The US debt will rise faster than previously expected over the next two decades due to slower economic growth and congressional approval for tax cuts last year, the Congressional Budget Office…

Retail inflation in India inched up to a 22-month high level of 5.77% in June on increase in food prices, including vegetables and cereals, PTI reported. With inflation remaining at an elevated…

The main driver of South Korea’s economy is shifting from the private sector to the government, who last year contributed to one-third of the country’s economic growth, a think tank said Wednesday…