World Economy

Good pay, labor market security and a decent working environment can go hand in hand with high employment, according to new OECD findings on the quality of jobs in 45 countries.

The…

Canadian Prime Minister Justin Trudeau is talking up the need for more federal spending to help the economy—even as experts warn his government of an ever-gloomier outlook.

US consumer spending regained momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that economic growth was picking up after slowing to a crawl at the end…

As recession fears mount in the US, Fed Chair Janet Yellen conceded there’s a “chance” of a downturn ahead.

She also said the central bank is studying whether negative interest rates would…

Gold surged nearly 4% on Thursday to its highest in a year as fears about financial instability, a lower dollar and US Treasury yields persuaded investors to seek refuge in the precious metal.

Russian enterprises affected by the economic downturn in the country last year, may start slashing jobs in 2016, deputy economic development minister, Oleg Fomichev said on Friday.

Foreign direct investment to Turkey rose 32% last year on the previous year to $16.6 billion, the largest sum since the 2008 financial crisis, according to the Investment Support and Promotion…

Currency coordination is set to be the focus for the financial markets at the forthcoming meeting of finance ministers and central bankers of the Group of 20 major nations in Shanghai on February…

Official figures show the economy of the 19-country eurozone expanded by a quarterly rate of 0.3% in the final quarter of 2015, a relatively weak performance given tail winds such as cheap energy…

Commerzbank has said a sharp rise in 2015 bottom-line earnings will lead management to propose a dividend again. Germany’s second-largest lender was seen reaping the fruits of its investment…

The German economy grew 0.3% in the fourth quarter from the quarter before thanks to higher consumer and government spending, Reuters reported. Those domestic factors offset a downward effect from…

 Australia’s central bank governor said Australia’s economy should continue to grow moderately as falling mining investment is offset by growth elsewhere, although the current turmoil in…

Money managers for Asia’s wealthy families are favoring the yen as it benefits from the turmoil in global financial markets.

Peru’s central bank raised the benchmark interest rate for the third straight month on Thursday and warned that rising inflation expectations threatened to trigger a feed-back loop of quickening…

UK companies will be legally required to publish how many male and female staff they have in each pay range as part of a drive to eliminate the gender gap.

Credit Suisse Group AG shares plunged to the lowest in a generation and a one-year contract to insure Deutsche Bank AG debt against default surged to a record as a global rout in…

Germany has agreed to loan millions of euros to Iraq in order to help rebuild the war-torn nation. During his visit to Berlin, Iraqi PM al-Abadi has also urged Kurdistan to cease its independence…

Chilean inflation accelerated more than analysts expected in January as the peso hit a 13-year low and the government raised stamp duty, keeping pressure on the central bank to continue raising…

London copper steadied on Tuesday, underpinned by a weaker dollar as worries over bank solvencies spilled over from global stock markets, and turnover was extremely low as traders waited for the…

The benchmark 10-year Japanese government bond yield hit zero percent Tuesday for the first time on record as tumble in Tokyo shares boosted demand for safe-haven debt, Reuters reported. Traders…

Russian businesses have been expanding the portfolio of contacts in Syria for the post-crisis period, with participation in building a large water pump facility on the Tigris River featuring…

Although large financial institutions in Brazil, such as Itau, Unibanco and Bradesco registered billion dollar profits last year, the small and medium sized banks in the country are struggling to…

Central banks’ ultra-loose monetary policy is putting the world economy at risk, said William White, a senior adviser to the Organization for Economic Cooperation and Development.

Despite a slowdown in the global economy, German exporters have been able to ship more goods abroad than ever before. A brief December dent was not enough to spoil the party over record-breaking…

World Bank President Jim Yong Kim says Pakistan is well poised to become the next fast growing successful economy due to the steps taken by the government over the past few years, NewsNow reported…