World Economy

Mortgage loan rates in South Korea hovered near the record-low level, propping up concerns that the low interest rates would boost household debts further, central bank data showed…

Namibia’s economic growth faces risks from volatile customs revenues and a sharp increase in house prices, and the government may have to scale back expansionary fiscal policies, the International…

Russia’s First Deputy Prime Minister Igor Shuvalov wants to encourage major local firms, both private and state-owned, to do more business with domestic small and medium size enterprises. This…

Poor government policy and slowing demand for natural resources are plaguing the world’s 7th largest economy.

Brazil’s central bank now forecasts that the once high-flying emerging market…

The World Bank is to make the most dramatic change to its global poverty line in 25 years, raising its measure by a half to about $1.90 per day in a move likely to swell the statistical ranks of…

The global economy is slowing–from China to Brazil to South Africa and beyond.

Wall Street fell more than 1% in early trading on Tuesday due to a fall in oil and copper prices on concerns about the outlook for the Chinese economy.

Copper prices hit two-week lows,…

Alexis Tsipras has taken the oath of office for a second term as Greek prime minister, promising to revive the crippled economy following an unexpectedly clear election victory.

In developed auto markets in western Europe, car sales vary little from year to year, while during the 12 months certain peak periods can be anticipated with clarity, according to the latest…

Shares of Southeast Asia’s largest low-cost carrier reached a record low in August after dropping more than 70% from a 16-month high in December, when it suffered its first plane crash. Then…

London Stock Exchange Group Plc’s plan to sell Russell Investments to China’s Citic Securities Co. is faltering and may soon collapse, people with knowledge of the matter said.

In one full swoop, the Australian economic outlook suddenly looks brighter. A marked turnaround in opinion polls on Malcolm Turnbull’s elevation to prime minister has been matched by the biggest…

Ukraine’s gross foreign debt grew by $700 million in January-June 2015, to $127 billion, and it considerably rose towards GDP, the National Bank of Ukraine reported.

The Monetary Authority of Singapore will strengthen its regulatory framework for safeguarding investors’ interests, following feedback from a consultation paper published last year.

The…

The average economic growth of developing countries in Asia this year will amount to 5.8%, next year–to 6%, according to the report of the Asian Development Bank published Tuesday, Tass reported.…

The most senior voice of British business has blasted the government’s performance on the “green economy”, warning that UK companies will lose out on hundreds of billions of pounds in…

A rising tide of delistings from Kuwait’s stock market threatens to widen a gap with rival bourses in the region as companies favor more dynamic economies such as Saudi Arabia and Dubai to sell…

Volkswagen says 11 million vehicles worldwide are involved in the scandal that has erupted over its rigging of US car emissions tests. It said it was setting aside €6.5 billion ($7.3 billion) to…

Chinese President Xi Jinping defended his government’s economic stewardship and said that China’s slowing growth and market fluctuations won’t deter needed reforms.

Apple appears to be driving ahead with plans to build its first car. The electric-car project, code-named Titan, is now targeting a ship date of 2019, and Apple gave leaders of the project…

The Asian Development Bank cut its growth forecast for the Philippines this year after public underspending weighed on the country’s growth prospects, although local output is expected to pick up…

The Russian Central Bank predicts slowdown of 10% in consumer lending by the end of 2015, the Russian Central Bank Director of the Financial Stability Sergey Moiseev said Tuesday, Tass reported. “…

Gambia’s economy faces serious risks from a worsening budget, rising inflation and tight interest rates, the International Monetary Fund warned, News24 reported. In an annual review of the tiny…

Standard Chartered Plc shares fell as much as 3.8% after the Financial Times reported that the bank had dealt with Iranian clients in potential breach of US sanctions.

As women are both drivers and beneficiaries of inclusive economic growth, the APEC Women and the Economy 2015 forum has laid down a framework toward realizing the full potential of women as…