World Economy

UK government hopes exports that would finally begin to power ahead are set to take a knock this week when a key survey from the British Chambers of Commerce is expected to reveal a gloomy outlook…

Cuba’s economy is likely to slow down in 2016, with authorities calling for efficiency and fiscal prudence as the country faces a tough year.

Earlier this week, the Economy and Planning…

With crude prices at 11-year lows, the world's biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the…

Nearly 90% of 101 major Japanese companies expect economic expansion in 2016, with many projecting private consumption and capital spending to recover from their 2015 doldrums, a Kyodo News poll…

There has been a wave of discussions about Indonesia joining the Trans-Pacific Partnership after President Joko “Jokowi” Widodo notified US President Barack Obama during his visit to the US in…

Once the front-runner in the league of emerging markets, the Turkish economy finished 2015 with external pressures along with ever-growing internal woes, both of which have spooked foreign…

Thanks to borrowers’ relief payments that banks made to customers with foreign-exchange based mortgages under the so-called FX law, household debt dropped and household savings hit a 16-year high…

UK government bonds eked out a positive return in 2015 and investors shouldn’t expect much more from 2016.

Inflation has been the elusive economic goal for Europe across 2015. As oil prices begin to stabilize at lower levels in the new year, 2015’s large crude falls are likely to have less impact on…

The National Bank of Greece Governor Yannis Stournaras gave a stark warning about the risk of Greece failing to reach an agreement with its creditors on a set of measures attached to the country’s…

The New Year’s sun has risen, but the outlook is not bright for the South Korean economy. Because Korea faces multiple overseas risks such as falling global oil prices, uncertainties following the…

After three straight years of gains, strategists are forecasting the US currency will be a world beater again in 2016, strengthening against seven of 10 developed-world peers by the end of the…

North Korean leader Kim Jong-un used his New Year’s Day address Friday to focus primarily on the importance of economic development, avoiding any explicit threats or references to his country’s…

Oman will cut spending this year by 15.6% in the face of lower oil prices but still face a huge deficit after posting one in 2015, Finance Minister Darweesh Al-Bloushi said, ONA news agency…

Russia’s international reserves grew $1.3 billion over the week from December 18 to 25 and totaled $370.2 billion, the Central Bank said, RT reported. Russia’s international reserves are highly…

Mexico’s central bank expects the inflation rate to rise to around 3% in 2016, up from a projected year-end rate of 2% in 2015, Fox News reported.

Business leaders and analysts are optimistic about what the new year has in store for India’s economy as they look forward to reforms from the government that would help transform the economic…

China, the world’s second-largest economy, looked set for a weak start to 2016 after activity in the manufacturing sector contracted for a fifth straight month in December, suggesting the…

Ukraine has rung in the new year with a move that has at once deepened ties with the European Union and cut strings to Russia, as Ukraine’s free trade agreement with the EU took effect on Jan. 1…

Investors seeking an edge in foreign exchange markets are playing down the dollar’s role in their portfolios, reflecting diminished expectations in 2016 for the US currency following a sustained…

Wall Street finished the year on a downbeat note following the release of weaker than expected data on jobs and manufacturing sector activity, although some economists were still sanguine on both…

The Thai government has shrugged off projections of a lackluster economy this year, saying economic cabinet ministers have more ammunition to stimulate the economy in addition to megaproject…

As Wall Street wraps up its flattest year since 2011, investors will have to deal with many of the same issues next year as they attempt to gauge market direction.

Saudi citizens are in for a rude economic awakening in the coming years, analysts predicted this week after the government released its 2016 budget and plans aimed at narrowing a…

Global economic policymakers should approach 2016 with more than the usual degree of caution. Not only do there appear to be an unusually large number of identifiable fault lines in the global…