World Economy

Moody’s Investors Service lowered its credit-rating outlook for Malaysia, citing an external environment that has crimped government revenue despite Prime Minister Najib Razak’s efforts to improve…

Asian stocks declined, with a regional measure falling to its lowest level in more than four years, as concern about China’s growth outlook continued to fan a global selloff.

London copper sank to its lowest since 2009 on Monday as persistent concerns over China’s economic growth dimmed prospects for metals demand and dented appetite for risk, Reuters reported. Three-…

Egypt’s central bank issued guidelines on how it will incentivize banks to participate in a “comprehensive program” to help finance small- and medium-sized enterprises in the latest move to try…

Britain is becoming less competitive as a base for manufacturers, according to a group representing the factory sector which warned the government against laying further costs on firms which make…

The economy added 292,000 jobs in December, and the unemployment rate is at a very low 5%. The number of young people who remain unemployed, however, is still very high, as the 16.1% rate among…

Consumers of tobacco, energy drinks and soft drinks will have to gear up to pay a lot more as the (Persian) Gulf Cooperation Council countries have decided to impose steep taxes on these products…

Growth in Britain’s dominant services sector slowed slightly in December, suggesting the economy expanded only modestly in the last three months of the year, according to a newly-released survey.…

Egypt’s annual urban consumer inflation was steady at 11.1%, unchanged from the previous month, the official statistics agency CAPMAS said on Sunday, Reuters reported. Egypt said in November it…

Brazilian lenders Banco Bradesco and Banco do Brasil are in talks to buy Citigroup’s stake in a credit card processing joint venture with Elavon Inc, a source with knowledge of the negotiations…

According to Russian Finance Minister Anton Siluanov, the country’s Reserve Fund could end in 2016. In this case, Russia will turn to its other international reserve, the National Welfare Fund.

The strong economic growth outlook of India built on efficient fiscal and monetary management and a progressive reform agenda is expected to attract both foreign direct investment and foreign…

Azerbaijan’s economic growth slowed to 1% last year from 2.8% in 2014, well below official forecasts, due to low oil prices and the devaluation of the national manat currency, the country’s…

The ongoing conflicts between the Turkish government forces and the Kurdish Workers’ Party in the country’s southwest Diyarbakir have seriously impaired the local economy, Reuters reported. The…

Shares have gotten off to a rather bad start for the year, triggered by many of the same worries seen last year: a fall in Chinese shares and the value of the renminbi, which in turn has triggered…

Taiwan’s exports plunged by more than expected in December, which might keep the trade-reliant economy in recession in the fourth quarter and could mean the central bank cuts interest rates again…

Eurozone government bonds may extend their winning start to 2016 next week as the European Central Bank comes under pressure to do more to tackle low inflation.

Ecuador will make a $1 billion payment to American oil giant Occidental Petroleum by April, in keeping with a decision from a World Bank arbitration panel, President Rafael Correa said, AFP…

Mexican bonds have beaten stocks in each of the past three years. That is set to change in 2016, according to Citigroup Inc.’s local unit.

Sub-Saharan Africa awaits economic boom this year, given the World Bank’s prediction of 4.2% growth from 3.4% last year due to stabilization of commodity prices in the region against the world’s…

Thailand plans to boost domestic consumption and state investment this year as China’s economic problems will have a “considerable” impact on its traditional growth engine of exports, the finance…

The Swiss National Bank has announced that it anticipates a CHF23 billion ($23.10 billion) loss in 2015 but pledged to maintain dividend payments and ordinary profit distributions to its…

The world’s 400 richest people lost almost $194b this week as world stock markets began the year with a shudder on poor economic data in China and falling oil prices.

Last year was a memorable one for the global economy. Not only was the overall performance disappointing, but profound changes–both for better and for worse–occurred in the global economic …

When Bank of England policy makers meet in London to set monetary policy next week, pound traders may still be taking their cue from events about 5,000 miles away, Bloomberg reported. The pound…