World Economy

Britain's small businesses will be able to fund their growth through a new financing scheme launched Saturday by Worldpay, in partnership with Liberis, the UK's leading provider of cash advances…

The EU-US economic agreement will set future world standards, says Hristo Hristov, advisor to the European Commission representation in Bulgaria.

China Pakistan Economic Corridor project is a game changer for the region in revolutionizing the trade and business through the region of Asia.

Brazil’s central bank will take the necessary measures to bring inflation back to the official target in 2017, signaling it could raise interest rates again, even with the economy in its deepest…

Oman’s trade balance during the first seven months of 2015 registered a surplus of OMR1,581.3 million ($4.1 billion), despite the decline of 31.7% in exports during the period, NewsNow reported.…

Ratings agency Moody’s has upgraded the Russian government bond rating from negative to stable, citing the stabilization of Russia’s external finances, RT reported. Moody’s attributes this to a…

Vietnam’s economy is expected to post annual growth of 6.55% this year, Prime Minister Nguyen Tan Dung said on Saturday, better than the 5.98% growth posted in 2014, VNA reported.

Saudi Arabia is China’s biggest economic partner in the region with  bilateral trade at $70 billion annually. The Chinese ambassador to Riyadh, Li Chengwen stated this at a high-profile…

Japan's greying population is one reason its economy is struggling with recession, and demographics across Asia are not looking too bright either.

China's working-age population peaked this…

The German central bank has cut its inflation forecasts for this year and the next, largely on the back of the renewed downturn in crude oil prices, which it said had not been expected in June,…

The trade deficit unexpectedly widened in October as weaker foreign orders for US goods and services outweighed a cooling in imports.

Eight countries, including Japan and Morocco, have suspended imports of French poultry after the deadly H5N1 bird flu virus was detected in southwestern France, home to many foie gras and poultry…

The cost-benefit analyses done by the Malaysian Institute of Strategic and International Studies and PricewaterhouseCoopers on the 6,000-page Trans-Pacific Partnership agreement raise the…

South Africa’s Treasury said on Saturday it was committed to reducing constraints on the ailing economy, including chronic power shortages, hours after Fitch cut its credit rating while Standard…

The package of economic reforms that business-friendly President-elect Mauricio Macri is preparing could increase societal tensions by stalling the social gains made under outgoing…

China has announced $60 billion of assistance and loans for Africa to help with the development of the continent.

China’s President Xi Jinping said the package would include zero-interest…

US job growth increased solidly in November in a show of the economy's resilience, which most likely paves the way for the Federal Reserve to raise interest rates this month for the first time in…

The threat of recession in Australia receded with new data showing the economy gathered pace in the most recent quarter as mining exports grew.

Mining companies are making up for…

French economic growth will accelerate gradually in the coming years from 1.2% this year, although not as fast as previously estimated, the Bank of France forecast on Friday, Reuters reported. The…

German factory orders rebounded in October, increasing 1.8% after three months of declines and beating projections as both foreign and domestic demand rose, AP reported. The Federal Statistical…

Britain said it had become the first Group of Seven economy to sign off on the rules of a China-backed development bank for Asia, which is seen by the United States as an unwelcome rival to…

The Asian Infrastructure Investment Bank will commence operation in mid-January 2016, the AIIB’s deputy head said Thursday. According to Chen Huan, cited by China’s Xinhua news…

India’s shipments were down for the 11th straight month in October, with merchandise exports declining 17.53% to $21.35 billion from $25.89 billion worth of goods sold abroad during the…

The crash in oil prices is not the only challenge confronting the Persian Gulf Arab states in West Asia. Economic disorder and lack of opportunity are contributing to instability in the region,…

Canada’s six biggest banks saw their profits climb higher over the past year, despite a sluggish economy, a slowdown in consumer borrowing and rock-bottom interest rates, but some analysts are…