World Economy

US employment gains surged in February, the clearest sign yet of labor market strength that could further ease fears the economy was heading into recession and allow the Federal Reserve to…

Uruguay’s inflation rate raced into double digits and hit its highest in nearly 12 years in February, prompting the economy minister to warn on Thursday of an excess supply of pesos in the money…

London Stock Exchange Group, which is in talks to merge with Deutsche Bourse to create a pan-European trading house, reported a 31% rise in full-year adjusted pre-tax profit on Friday, Reuters…

Pakistan has so far produced 9.727 million bales of cotton this season, a decline of 34% compared to 14.705 million bales a year ago, APP reported. The cotton crop failure is not only crippling…

China intervened to support its stock market on Friday, helping the benchmark index cap its best weekly gain of 2016 before policy makers meet to approve a five-year road map for the economy,…

Interest rates could be cut towards zero after a ‘triple whammy’ of disappointment rocked the British economy, according to experts.

Rates in the UK have been frozen at 0.5% since March 5,…

Credit cards on the limit, huge bank borrowings and a struggle to repay loans: these are the personal debt problems of some Qataris despite the Persian Gulf Arab state’s reputation for fabulous…

Sri Lanka’s external sector showed a mixed performance in the month of December 2015 with a widened trade deficit, continued high growth in tourist earnings and moderate workers’ remittances,…

Despite facing sanctions, falling oil prices and recession, the Russian ruble is the most undervalued currency in developing Europe according to Deutsche Bank.

“If crude is stable, I see…

Banknotes aren’t Switzerland’s only form of cash to pique the interest of criminals.

Malaysia’s January exports unexpectedly fell for the first time in eight months on weak global demand and a fall in energy prices that look set to pressure the country’s finances this year,…

BHP Billiton Ltd.’s credit rating was cut two levels by Moody’s Investors Service as lower commodity prices are set to weigh on the world’s biggest mining company’s earnings even after it cut its…

It’s not only European Central Bank stimulus that has the potential to hurt the euro. From the possibility that Britain might leave the European Union and the impact of refugees flooding the…

Standard & Poor’s Ratings Services projects that the 13 Middle East and Northern African sovereigns that it rates will borrow an equivalent of $134 billion from long-term commercial sources in…

Brazil’s economy suffered its worst slump for quarter of a century last year as a global commodity rout, a domestic political crisis and rising inflation forced businesses to slash spending and…

Eurozone lenders and the International Monetary Fund disagree over how much more Greece needs to do to reform its economy, a dispute that may delay new payouts and the start of debt relief talks,…

One of the most bruised asset classes in financial markets may be about to turn a corner. Emerging markets have had a horrid few years as investors pulled funds amid the prospect of weaker growth…

Japan’s megabanks are calling time on the yen’s four years of depreciation, a blow to Haruhiko Kuroda’s chances of reviving inflation and growth, Bloomberg reported. Bank of Tokyo-Mitsubishi…

Gold dipped for a second session on Wednesday as global equities and the dollar rose after strong US manufacturing data that rekindled speculation of a Federal Reserve interest rate hike this year…

The platinum market deficit is expected to shrink for a second year in 2016, the World Platinum Investment Council said on Wednesday, as a rebound in supply of recycled metal and falling…

Brazilian President Dilma Rousseff has signed a decree that allows an increase of foreign ownership in local airlines to 49% from 20%, a government source told Reuters. The decision could allow…

World shares and bond yields rose on Wednesday as positive economic data from Australia to the United States calmed fears of a global economic slowdown, although the rally lost momentum in…

China’s yuan edged up against the dollar on Wednesday, shrugging off the decision by rating agency Moody’s to downgrade the outlook for Chinese sovereign debt.

Moody’s changed its outlook…

A drive to tighten rules over how much sovereign debt banks are allowed to own has raised the alarm in the home of the euro region’s largest bond market.

The link between wages and unemployment looks broken in a large part of the industrial world’s economy. Not as much in Germany.