World Economy

Britain and China agreed on Monday to a series of initiatives ranging from an expanded currency swap agreement, Chinese investment in British nuclear power, and a feasibility study for a scheme to…

Current market perceptions of China are “thoroughly divorced” from the reality on the ground, according to the latest China Beige Book survey, which has found that while the economy slowed in the…

During her recent visit to Australia, Hong Kong’s chief secretary for administration, Carrie Lam, urged the completion of both a free trade agreement and a double taxation agreement between Hong…

Singapore’s consumer price index in August is expected to have declined from a year earlier for the 10th straight month, a Reuters poll showed on Monday, weighed down by lower COE prices and falls…

The International Monetary Fund says Zimbabwe needs to create a level playing field for private sector-led growth because just “dumping” money into the country will not resuscitate the ailing…

 Britain’s business confidence rose 15 points to a record 119.4 in the second quarter of 2015 according to Smith & Williamson’s Enterprise Index, Real Business reported. The result of the…

Trucks are not allowed through from Ukraine to Crimea at all three checkpoints, the Federal Security Service’s Crimea border department told TASS on Monday. “Trucks are not going through from…

The Moscow Stock Exchange resumed trading on the derivatives market MSK after being down for over two hours. Trading was halted at 10:25am due to what the bourse described as a system reboot. This…

Asian stocks dropped with US index futures and emerging-market currencies as concern global growth is faltering spurred investors to sell riskier assets and seek the relative safety of government…

The industrial sentiment index continued to slide in August, down for the eighth straight month in August on worries about the struggling economy, NewsNow reported. The index dropped to 82.4…

India’s Finance Minister Arun Jaitley has reiterated the government’s commitment to meet fiscal deficit target and to continue on the path of economic reforms, according to an official statement.…

Hedge funds are so down on wheat that even the worst price plunge in 29 years isn’t leaving them satisfied. Instead, a global glut has money managers ready for more losses and sticking with a…

A Chinese rail consortium is teaming up with private US investors in a high-speed rail project linking Las Vegas with Los Angeles. The deal underlines China’s ambitions to expand on the…

Corporate and infrastructure companies in the (Persian) Gulf Cooperation Council face a weaker operating environment on the back of lower oil prices, said a Standard & Poor’s report, adding…

British Chancellor of the Exchequer George Osborne expressed his confidence in the slowing Chinese economy on Sunday, saying the country was going through a necessary transformation and…

Russia is undergoing an exceptionally difficult time as relations between Moscow and the West are at their lowest point since the Cold War era. The combination of western sanctions over the…

Puerto Rico’s main electricity provider failed to extend a contract with its bond insurers that has given the power company time to negotiate a way to restructure its $8.3 billion of debt,…

Visitors to Japan are often surprised by how prosperous it seems. It doesn’t look like a deeply depressed economy. And that’s because it isn’t.

The greatest influx of people into Europe in decades is not just a humanitarian emergency, but also a potential stroke of luck for many countries facing the economic threat of an aging population…

France’s credit rating was downgraded by Moody’s over the weekend, resulting from continuing weakness in the country’s medium-term growth outlook, ShareCast News reported. The ratings agency…

The US has issued new rules easing restrictions on US entities doing business in Cuba, DW reported. The move, which includes allowing some US business to have a “physical presence,” aims to chip…

Mexican generic-drug company Representaciones e Investigaciones Medicas SA is attracting takeover interest from Sanofi, Pfizer Inc. and Abbott Laboratories, people with knowledge of the…

Russia will allow supplies of a wide range of fruit from Moldova starting next week, the country’s veterinary regulator said.

cgrowth and technology can go hand in hand with green living.

During the working paper presented by Ahmed bin Saleh al-Marhoon, Director General of Muscat Securities Market at the Arab Initial Public Offering Summit, which was held at Dubai, United Arab…