World Economy

Indonesian consumers are benefiting from new ‘sharing economy’ platforms such as Uber and Airbnb, but barriers remain to collaborative firms.

Fairchild Semiconductor International Inc. plans to say that a revised takeover proposal from a group led by China Resources Holdings Co. and Hua Capital Management is now likely to lead to a…

Southeast Asia will be highly vulnerable if no action is taken to address climate change, according to a study by the Asian Development Bank.

Economic losses under the “business-as-usual”…

In what will do little to appease growing concerns over the health of China's economy, the total volume of goods transported by China's national railway network plunged by over 10% last year, the…

European shares bounced back on Tuesday after a rally in mining and telecom stocks and some stabilization in Chinese markets, a day after poor Chinese factory data triggered a sharp sell-off that…

Turkey’s main economic challenge this year will be battling inflation amid a continuing increase in the rate, according to Turkish Deputy Prime Minister Mehmet Simsek, Anadolu Agency reported.…

The Ukrainian government has approved a list of Russian foods that will be banned for importation into Ukraine from January 10, according to the government’s resolution, Tass reported. “To ban…

Premier Matteo Renzi was quoted saying Monday that Italy is ‘out of the bog’ of recession and predicted the rate of growth of Italian GDP will double in 2016 from 0.8% in 2015, ANSA reported. “…

Gold and silver climbed on the first trading day of 2016 as rising tension between Saudi Arabia and Iran spurred a return to haven assets. Bullion for immediate delivery rose as much as 0.9% to $1…

Lending to British households rose in November to its highest monthly total in more than seven years, an increase that will intensify concerns about rising indebtedness.

Bank of England…

The eurozone, the global economy’s perennial laggard since the 2008 financial crisis, started the new year with a bang as fresh data showed a manufacturing increase in December in every country,…

Brazil’s economy will contract more than previously forecast and is heading for the deepest recession since at least 1901 as economic activity and confidence sink amid a political crisis, a survey…

The amount of debt that the governments of the world’s leading economies will need to refinance in 2016 will be little changed from last year as nations make strides in cutting budget deficits to…

Stocks slumped, led by a rout in China’s equities that triggered a market-wide halt, and higher-yielding currencies tumbled as concern about the global economy and Middle East tension saw…

Indonesia’s annual inflation rate cooled to the lowest in six years in December, which might pave the way for the central bank to cut a benchmark rate held at 7.50% since February 2015.

A record amount flowed into global exchange-traded funds for a second straight year, BlackRock Inc. said, as investors increasingly are drawn to the products as a replacement for futures and…

The value of Hong Kong retail sales fell for a ninth consecutive month in November, the longest period of decline in 13 years, hit by a slide in the number of Chinese tourists coming to the city…

Favorable economic conditions and an influx of foreign workers boosted employment in Germany to its highest since reunification in 1990, according to data published on Monday as the…

Singapore provided a report card on its economy that beat analyst forecasts in one of Asia’s earliest growth estimates, as improving services and construction countered faltering exports. It may…

JPMorgan warns that the US economy is becoming "more vulnerable" and faces an increased risk of recession.

The strategists said in a note that 2016 is likely to see "pockets of stress."…

The head of Russia’s biggest bank has criticized the European Central Bank for forcing its eurozone subsidiary to be supervised by officials in Frankfurt and making it raise more capital.

For 20 years, the effective tax rates for those at the very top of the income ladder generally dropped. Then, in 2013, after a pair of unusual tax increases negotiated by the (President Barak)…

A monthly survey shows that a contraction in Chinese manufacturing eased slightly in December, while service industries continued to expand, AP reported. The numbers were a potential sign of…

Led by financial, aviation, hospitality, tourism and trade sectors, Dubai’s economy has grown exponentially over the last 10 years, notching up growth of more than 100% in key sectors. The emirate…

Addressing the 103rd Indian Science Congress in the heritage city of Mysuru, Indian Prime Minister Narendra Modi on Sunday said oceans will become the drivers of economic growth and it is central…