World Economy

The International Monetary Fund recently published its “Facts on Migration, Remittances” book which said the jobless rate in Bahrain had reached 3.9% in 2014, NewsNow reported.

Japan’s factory output probably fell in November for the first time in three months and retail sales also likely slipped, a Reuters poll showed, pointing a slow recovery for the stagnant economy.…

In a double-whammy for investors in India, the two major asset classes–stocks and gold–failed to generate positive returns in 2015 as headwinds from the global markets wiped off the positive…

Diverging economic growth and policy trends in the year ahead is going to make it increasingly difficult for global investors and portfolio investment choices according to economists and market…

Despite ever increasing demands on the United Nations, its core budget for the next two years has just been trimmed.

The 193-member General Assembly has agreed to a $5.4 billion budget for…

Britain’s household debt burden is set to rise again after years of falling, with figures this week expected to show borrowers paying off home loans at a sharply slower rate.

Kuwait’s economic activity is forecast to improve in 2016 and 2017, driven by a surge in public investment and steady growth in consumption, according to a report by the National Bank of Kuwait,…

Japan has fallen to 20th place in GDP per capita among the 34 member states of the Organization for Economic Cooperation and Development. The ranking is the lowest for Japan since 1970.

It is tough to find a bright spot in the global steel sector, as prices plunge and struggling Chinese producers flood world markets with their surplus stock. But if pressed, gloomy industry-…

Enjoy the holiday slowdown, bond traders. If analysts at Deutsche Bank AG are right, the market is going to get a lot more volatile.

The UAE, which currently has about nine million Internet users, leads the Middle East when it comes to the maturity of Internet economy, followed by Saudi Arabia, which moved up five positions in…

As the European Central Bank wound down its asset purchases for the year, the amount of eurozone government bonds that yield less than zero was at about $1.68 trillion, indicating investors see…

Most Greek citizens are pessimistic and anxious about their country’s economic situation in 2016, a poll showed on Saturday. Up to 81.4% of the respondents said they were pessimistic about…

When the Federal Reserve raised interest rates on December 16 it did so with inflation running below its 2% target. And so 2016 will be all about inflation.

China’s industrial output is expected to rise 6% in 2015, though energy consumption is down 4%, the Chinese Ministry of Industry and Information Technology said Saturday. The ministry also said it…

Britain will surpass both Germany and Japan in the next two decades to become the fourth-largest economy in the world, the Center for Economics and Business Research has predicted. The CEBR…

Russia’s ruble posted a weekly gain against the dollar amidst the nation’s improving investment appeal as oil prices rebounded due to the dollar’s sudden weakness during the outgoing week, Sputnik…

Mexico’s unemployment rate was 4.1% in November, down from the 4.6% level registered in the same month of last year, the National Institute of Statistics and Geography, or INEGI, said, Foxnews…

Malaysia’s Rural and Regional Development Ministry is prepared to collaborate with other government agencies to develop village areas along the country’s river banks with various economic projects…

The China-backed Asian Infrastructure Investment Bank, viewed by some as a rival to the World Bank and Asian Development Bank, was formally established on Friday, according to a statement issued…

World Bank chief economist Kaushik Basu Saturday indicated that the bank may revise its GDP growth projection for India after it goes for a stock-taking in a few months.

“There could be…

The European Union’s economic recovery is gaining strength, but the pace of growth continues to be modest, despite accommodative monetary policy and favorable financial conditions, and investment…

The Footsie, or FTSE, is more than 7% down from its opening level of 6566 at the start of 2015, but that only tells half the story of a turbulent year on the London Stock Exchange and markets…

Deputy Turkish prime minister, Mehmet Simsek,  said he expected faster economic growth this year than official forecasts and an even stronger expansion next year. He projects GDP growth of…

Vietnam’s economic growth quickened in the fourth quarter helped by rising industrial output and record-high foreign investment.