World Economy

A new consumer survey from Finance Norway shows that confidence in the Norwegian economy is at an all-time low and that EU consumers are more optimistic than Norwegians for the third quarter in a…

South Africa’s worst drought on record risks tipping an already weak economy into recession as rising agricultural imports feed into rising inflation, ratings firm Moody’s said on Tuesday.

Major Asian markets closed in positive territory on Tuesday, extending Monday’s rally, but experts are not convinced this is the end of the volatility that has rocked stock markets since the…

Eight years after the financial crisis, the world is coming to grips with an unpleasant realization: serious weaknesses still plague the global economy, and emergency help may not be on the way.…

The Czech Statistical Office released Tuesday morning its preliminary estimate of the Czech GDP for 2015Q4 and the whole year 2015. According to the flash estimate the Czech economy grew by 4.3%…

Brazil’s retail sales fell more than forecast in December as a prolonged recession continues to eat into Brazilians’ purchasing power. Sales fell 2.7% after a revised 1.6% increase in November,…

Bank of Korea Governor Lee Ju-yeol said Tuesday that he saw room for further monetary easing in South Korea to rejuvenate growth, but was not convinced that an additional interest rate cut would…

Figuring out whether the US economy was headed for trouble used to be easy: all you had to do was look at the bond market. But not anymore.

Now, that same market has become so distorted by…

The US economy is currently stagnating, according to business survey figures released Monday.

The sales managers’ index compiled by World Economics dropped to a score of 50.8 in February…

Japanese lenders are rushing to cut deposit rates before the start of the Bank of Japan's negative interest rates on Tuesday, following sharp falls in benchmark bond yields.

Sumitomo Mitsui…

Gold tumbled more than 2% on Monday, pulling further away from its highest in a year, as a rebound in stocks and profit-taking from China after the Lunar New Year weighed on the market, Reuters…

Irish exports increased by just under 20% or €18.4 billion ($20.6 billion) last year to over €111 billion, when compared with 2014, RTE reported. Medical and pharmaceutical products accounted for…

HSBC Holdings plc said it will keep its headquarters in London, ending a 10-month process in which one of the world’s largest financial companies considered moving to Hong Kong to get…

It might be time to feel sorry for Britain’s bankers. Apparently turning into social pariahs after the financial crisis has taken its toll on their mental health.

Demand for insurance to…

Turkey’s labor market needs reforms to become more flexible and bring the unemployment rate below 10%, Turkish Deputy Prime Minister Mehmet Simsek said Monday, Anadolu Agency reported. Speaking…

Southeast Asia requires 3,750 new aircraft worth $550 billion in 20 years from 2015, a senior Boeing executive told a press conference ahead of the Singapore Airshow that starts on Tuesday.

Australia will move to a new process by the end of this year for setting its credit market reference rate, even as the corporate regulator reportedly prepares to launch its first civil action for…

Ukraine has decided to ban Russian trucks entering the country in response to Moscow blocking the transit of Ukrainian trucks through its territory, RT reported. Russia has accused Kiev of failing…

Customs officials in China have reported disappointing trade figures for the world’s second-largest economy. The report pointed to a slump in both exports and imports against the backdrop of…

Economists raised their inflation outlook for Brazil for this year, despite the continued expected deterioration of country’s economy, as the monetary authority is expected to keep its benchmark…

Only on the streets of cities like Cairo, Abuja or Tashkent can you gauge just how much pressure developing countries are under to ease controls on their currencies.

Increased donor aid “will be critical” for the West Bank and Gaza in the year ahead, the International Monetary Fund has said.

The fund said that 2015 “was another difficult year for the…

Britain's economy would be worse off if voters decided that the country should leave the European Union, according to an overwhelming majority of economists polled by Reuters. The economists also…

China has now become the main destination for Chilean farm products, with fruit and salmon among the main items of Chilean agricultural exports to China, data from the agriculture ministry and…

The annual inflation in Russia may reach 7-7.5% this year, Minister of Economic Development Alexei Ulyukayev said in an interview with the NTV television channel on Sunday, Tass reported.