World Economy

While the jury is still out on the power of negative rates to revive inflation, there seems to be little doubt as to what the policy is doing to private debt burdens.

Weaker demand from emerging markets made 2015 the worst year for world trade since the aftermath of the global financial crisis, highlighting rising fears about the health of the global economy.…

Global finance chiefs laid bare their differences over how to revive the economy on Friday as analysts warned that "policy paralysis" would spark fresh market turmoil.

Oilfield services provider Halliburton, pressured by a prolonged slump in crude oil prices, will further slash its workforce by about 8%, or by 5,000 jobs, company spokeswoman Emily Mir told…

Industrial employers’ group Confindustria on Friday predicted that Italian GDP growth will be stronger in the first quarter of 2016 compared to the end of 2015, spurred by a 0.9% increase in…

Sterling won some respite on Friday as global stocks rose, but persistent worries about a possible British exit from the European Union checked gains to leave the currency on track for its biggest…

If John-Paul Smith is right, some of the world’s biggest investors are setting themselves up for a major disappointment.

Eritrea expects to have four mines in operation by 2018 producing gold, copper, zinc and potash as one of Africa’s poorest nations looks to build an industry that can kick-start its economy, a top…

Eurozone economic sentiment dropped to an eight-month low in February as weak global environment and financial market concerns weighed on optimism across almost all sectors.

Russians are starting to feel the weight of their country’s economic crisis, fueled by dropping oil prices.

The Bin Laden is elusive, infamous, and endangered. This isn’t of course the long-dead leader of al-Qaeda, but rather the €500 ($551) note—as known by its Spanish nickname. Rarely seen by ordinary…

Islamic finance is drawing more interest in Russia as the country struggles economically and requires fundamentally new approaches to attract investments from abroad.

Investors hoping for a grand plan from the world’s top financial officials to stabilize shaky markets are set for disappointment, insiders say, when finance ministers and central bankers gather…

The woman with the difficult task of running Russia’s central bank has been talking about risk. Governor Elvira Nabiullina was speaking specifically about the risk of loans taken out not in rubles…

Taiwan’s export orders in January fell 12.4%, much worse than expected, data released by the ministry of economic affairs on Wednesday showed. The data is an indication of the strength of Asian…

The two stock exchanges of London and Frankfurt have confirmed their intentions to merge, DW reported. The LSE Group said it was part of a plan to create a new ‘global markets infrastructure group…

Europe’s largest insurer Allianz has put its South Korean life insurance business on the block as part of a global overhaul in a tough low-interest rate environment, sources with direct knowledge…

The South African economy is ‘in crisis’ says the country’s finance minister Pravin Gordhan.

The comments came ahead of his budget speech, in which he cut the country’s growth forecast for…

Malaysia’s inflation rate in January surged to the fastest level in nearly two years, but this is not expected to lead to any hike of the country’s benchmark interest rate.

The consumer…

Egypt’s pound weakened to a record in unregulated trading as demand for US dollars rose in the face of a central bank assurance that it won’t devalue the currency.

 Romania’s central bank may tighten broad monetary policy sooner than expected this year to counter rebounding inflation, provided its measures do not fuel a rise in the leu currency,…

The British pound traded near $1.39 for the first time in seven years on Wednesday, while the cost of hedging against sharp swings jumped to their highest in more than four years as concerns that…

A group of regional and middle market US banks have created their own lobbying organization, as they seek to differentiate themselves from major Wall Street firms. The formation of the so-called…

Workers in Hong Kong will receive a 75% cut on personal income tax, Financial Secretary John Tsang announced on Wednesday.

In his ninth budget speech, Tsang said the income tax cut would be…

Pierre Moscovici, European commissioner for economic and financial affairs says: “If I look at Germany, I would say, the German economy is clearly the leader in Europe and in the eurozone and…