World Economy

European stocks fell again on Tuesday, extending sharp losses from the previous session, as concerns persisted over the health of the region’s top banks given signs of a global economic slowdown…

Wheat exports from Russia are expected to set a new record this year, outpacing the biggest wheat exporters Canada and the US, reports the Wall Street Journal, citing the US Department of…

Deutsche Bank AG became the largest lender in at least four years to feel compelled to reassure investors and employees that it has enough cash to pay its debts.

The yen rose on Tuesday to its highest against the dollar since November 2014, as a sell-off in global stocks and worries about Europe's banks stoked demand for safe-haven currencies.

The global economy is being hit by a slowdown in growth, large swings in exchange rates and tumbling commodity prices.

These three factors are often portrayed as separate “shocks” but…

Gold edged up to near its highest since June on Tuesday, as uncertainty over global growth that has hammered stocks puts the precious metal on course for its longest rally since 2011, CNBC…

Growing demand and lower taxes mean Hungary’s banks are set to grow this year, a top Hungarian banker said on Tuesday, contrasting with the troubles of the wider European financial sector, NewsNow…

Toyota is facing a whole week without production in its home country. The world’s largest carmaker had to suspend its output due to a shortage of a special steel variety, following an explosion at…

Japanese government bond prices slipped on Monday after the Bank of Japan skipped its bond buying operation, forcing traders who were counting on the BOJ’s bids to sell their position into the…

Average Dubai property prices fell by 11% last year while average rental rates saw only a slight dip of 1%, according to a new analysis, Arabian Business reported. Real estate consultancy Asteco’s…

Greece’s main equity index fell to its lowest level in more than 25 years, with bank shares touching record lows, driven by political uncertainty and concerns about Europe’s financial sector.

India’s economy grew at an average rate of 7.5% in 2015, faster than the 6.9% growth in China, official figures show.

The government said GDP growth in October to December was 7.3%, a…

For all that some investors fear Britain leaving the European Union, holders of government debt have barely blinked, with prices near a three-year high last week and foreign investors making…

The heads of the central banks in Germany and France have warned tighter financial cooperation between eurozone nations is required to save the European project. A joint finance ministry could be…

The Chinese and Brazilian economies are stabilizing while advanced economies are seeing steady momentum, the Organization for Economic Cooperation and Development said on Monday, Reuters reported…

While investors pulled funds from Pacific Investment Management Co. in the wake of co-founder Bill Gross’s departure, yield-hungry insurance companies kept faith with the company.

Investors are jumping back into metals they were dumping as recently as a month ago.

Egypt is preparing its 2016-2017 budget on the basis of an exchange rate of 8.25 Egyptian pounds to the dollar, as compared to 7.75 pounds the previous year, two government sources told Reuters on…

European shares extended last week’s losses on Monday as investors fretted over oil price volatility, slowing global growth and uncertainty over the Federal Reserve’s monetary policy.

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Pressure is mounting on Russia to break the vow of abstinence on selling eurobonds it has maintained since the US and Europe slapped sanctions on some of its biggest companies.

Federal Reserve Chair Janet Yellen’s task is growing more intractable every day. And believe it or not, Friday’s jobs report featuring a drop in the unemployment rate to 4.9% has made it…

Technology stocks will tumble further this year as investors flee to safety and buyers stay on the sidelines, according to Scott Minerd, chief investment officer for Guggenheim Partners LLC.

Tanzania recorded strong economic growth of 7% in 2015, according to a review by the International Monetary Fund, NewsNow reported. The economy in the East African country has been driven by…

The stellar performance in German government bonds over the past few weeks may finally run out of steam, Bloomberg reported. With markets already pricing in additional easing measures from the…

India is looking at a raft of dynamic new measures, ranging from allowing businesses to run round-the-clock, providing visas on arrival to foreign investors and registering start-up companies…