World Economy

Thailand’s economy showed signs of a turnaround with its fastest quarterly growth this year, as the military government’s stimulus spending and a rise in tourist arrivals offset weak local demand…

The EU and Australia have agreed to start negotiations on a free trade agreement (FTA). The two sides are looking to boost growth and investment, and counterbalance potential trade pacts with the…

As Ukraine’s $3 billion Russian debt deadline looms, President Petro Poroshenko’s government is considering its options, including default, RT reported. Kiev could default if it fails to make…

India will guide the BRICS nations’ $50 billion New Development Bank–a rival to the World Bank–to finance “inclusive and responsive” needs of particularly emerging economies, Prime Minister…

Something very strange is happening in the world of fixed income. Across developed markets, the conventional relationship between government debt–long considered the risk-free benchmark–and other…

Coal: Can't live with it and can't live without it–at least not yet.

It is the biggest source of heat-trapping greenhouse gases that negotiators around the world hope to limit in an…

Malaysian Prime Minister Najib Tun Razak said ASEAN and the Group of 20 can cooperate to ensure a higher rate of investments and contribute to stronger global economic growth.

China’s Tsinghua Unigroup Ltd plans to invest 300 billion yuan ($47 billion) over the next five years in a bid to become the world’s third-biggest chipmaker, the chairman of the state-backed…

Greece and its eurozone creditors have reached an agreement on many, but not all, issues in the reform program that Athens is implementing in return for loans, the head of eurozone finance…

Confidence among Japanese manufacturers fell in November for a third straight month to levels unseen in about two-and-a-half years, according to a Reuters poll, reflecting fears that a China-led…

Iraq’s Ministry of Planning announced on Sunday that the inflation index for October decreased by 0.1% compared with September of the previous year, while the annual inflation index, rose 1.6%,…

Pakistan’s trade deficit during first four months of the current fiscal year declined by 12.15% as compared to July-October (2014-15), AAP reported. According to data revealed by the Pakistan…

World leaders are set to endorse plans by regulators to end the era of too-big-to-fail banks, forcing them to raise as much as $1.2 trillion, and backed proposals to wrap up sweeping reforms of…

Turkish President Recep Tayyip Erdogan renewed his call for lower interest rates on Sunday, saying they were too high to encourage investment and entrepreneurship, an argument likely to unnerve…

The Asia-Pacific Economic Cooperation launched on Sunday, November 15 the APEC Trade Repository (APECTR), a single, online reference point on APEC member economies’ trade and tariff regimes.

The European Central Bank is set to review its accommodative monetary policy in December. While the EU economic recovery is progressing moderately, the return of inflation is likely to take longer…

Vietnam and New Zealand have signed several cooperation agreements during a visit by Prime Minister John Key to Hanoi as they seek to double bilateral trade in the next five years. Key is on his…

The European Central Bank found capital gaps totaling €1.74 billion ($1.87 billion) among nine lenders it tested, with the biggest hole at Portugal’s Novo Banco SA, Bloomberg reported.

The latest round of official statistics point to a growing—and welcome—diversification for the Bahrain economy. Until now, the lack of diversification and high jobless rates were the twin factors…

When addressing the inability of monetary policy in America to actually produce its “inflation” target, the Federal Open Market Committee has been left to hiding.

The German economy continued to grow at a moderate pace in the third quarter, according to data from Statistisches Bundesamt Destatis. Markit’s PMI data signaled further modest growth at the start…

Terming gender-gap in Indian job market as higher than most other countries, IMF today pitched for greater investment in infrastructure and enhanced social spending to bring in larger number of…

With China’s yuan taking the biggest step yet toward joining the dollar and euro as a top-rank reserve currency, the global economy may be approaching an era of greater stability.

The world’s first LNG-powered railway locomotive has been put into operation in Russia, the press service of the Bryansk Machine-Building Plant, the manufacturer of such engines, told Tass on…

Standard & Poor’s Ratings Services announced downgrading its outlook on Egypt’s credit rating to “stable” from “positive” and affirmed its ‘B-/B’ long- and short-term foreign and local…