World Economy

JPMorgan Chase & Co will pay $1.42 billion in cash to resolve most of a lawsuit accusing it of draining Lehman Brothers Holdings Inc of critical liquidity in the final days before that…

Siemens AG raised its profit outlook for the year, in a surprise move that highlights the company’s confidence the German maker of gas turbines and medical scanners can ride out a slowdown in…

Gold climbed to a two-week high on Tuesday as falling equities burnished the bullion’s safe-haven draw, and the dollar also came under pressure as the Federal Reserve meets against a backdrop of a…

Thailand ended 2015 with trade surplus for the first time in five years despite continued export and import contraction.

Chinese shares plunged more than 6% to 14-month lows on Tuesday after oil prices dropped again, reviving concerns about global growth and prompting a sell-off in the world's equity markets.

As a premier Asian financial center parked at the doorstep of one of the fastest-growing economies on the planet, Hong Kong has long lived a charmed life.

Bourses in Saudi Arabia fell in early trade on Tuesday as investors cashed out following resumption in declines of global stocks and worries over further weakness in oil markets.

Brent…

Greece’s next bite of bailout money may turn into a movable feast if Prime Minister Alexis Tsipras can’t convince eurozone authorities he’s making good on his promises.

European investors focused on risks from China to the east should also be looking west. More than half of the region’s worst-performing junk bonds in euros over the past year were sold by…

When Vladimir Putin first became Russia’s president back in 2000, oil traded at an average $28.40 a barrel. After spending much of the past five years above $100 a barrel, crude prices have come…

Ratings firm Standard and Poor’s has warned that weak South African economic growth and government bailouts of state-owned companies could see Africa’s most industrialized nation downgraded to…

The last full-year economic report of Philippines under President Aquino’s administration will be released Thursday. The expectation is growth will be lackluster compared to previous years, but…

Growth in Saudi Arabia’s consumer spending is slowing as low oil prices hit households’ disposable income and geopolitical tensions make shoppers more cautious, the chairman of one of the country’…

Hong Kong has the least affordable housing of 87 major global cities, with prices a record 19 times average pre-tax household income, a new survey said, AFP reported. Housing in the southern city…

Consumer demand and capital investment in Russia declined in 2015, sending the economy into recession, official data showed Monday, Nasdaq reported. As two of the economy’s key drivers fell,…

Japan’s annual trade deficit narrowed 78% in 2015, as the value of energy imports fell while auto exports gained momentum, official data showed Monday, AFP reported. The nation’s fifth-straight…

A closely watched survey released Monday showed a larger-than-expected fall in German business confidence this month, with managers’ assessment of the outlook for the next six months darkening…

UK factories have seen only limited signs of a recovery in exports amid “global uncertainty”, according to a survey from business lobby group the Confederation of British Industry.

The…

As Egypt marked the fifth anniversary of the 2011 revolution on 25 January, it looks back on five years of rapid political change, social dislocation and economic turmoil. How has Egypt’s economy…

Leftwing Greek Prime Minister Alexis Tsipras, at a rally Sunday to mark a year in power, stood by a vow to overhaul the country’s pension system despite fierce opposition.

Anglo American Platinum Ltd. based in South Africa said it will report a bigger-than-expected loss after the world’s largest producer of the metal reported impairments and write-offs amounting to…

Emerging-market stocks headed for the biggest two-day rally since August as investors bet some of the world’s biggest central banks will boost stimulus to prop up assets.

Italy’s December trade surplus with non-EU countries reached €5.9 billion ($6.4 billion), its highest since January 1993, more than 22 years ago, ANSA quoted Istat as saying Monday. Exports to non…

The $15 trillion rout in global equity markets since May is reawakening the lure of gold for investors seeking safety.

Federal Reserve officials are playing it cool for now, but roughly $2.5 trillion of stock market value wiped out in the past three weeks and a possible consumer pullback could throw the Fed off…