World Economy

You’ll go broke trying to predict stock selloffs by looking at the economy: the tell-tale evidence is rarely there. But looking for clues to the economy in a stock selloff–that actually works.

The British government said Monday it was ready to sign off on a North Sea carbon capture and storage program for a Scottish power station, UPI reported. Royal Dutch Shell is proposing, with…

New doubts have emerged over the UK’s economic outlook after new evidence that growth is reliant on household spending while manufacturers struggle with a strong pound and the fallout from a…

For emerging economies and neighboring countries, competitive currency devaluation means trouble. In South Korea, Hyundai Economic Research Institute reported that South Korea loses 3% of total…

Mario Draghi's promise that the European Central Bank is willing to step up its stimulus if needed, is resonating with economists, who see the eurozone recovery as too shallow to be sustained.

The rise of the machines in the workplace has US and European experts predicting massive unemployment and tumbling wages.

Not in Japan, where robots are welcomed by Prime Minister…

Is the Russian economy going to collapse? Do sanctions matter? These are the two questions most often asked today about the Russian economy said Sergey Aleksashenko, the former first deputy…

Coffee prices scored new lows in the past week as Brazil was snared by emerging markets turmoil, while crude oil sank on stubborn fears over Chinese demand and global oversupply.

Top coffee…

 China unveiled details on Sunday of how it would restructure its mammoth state enterprise sector, including partial privatization, as data pointed to a cooling in the world’s second-largest…

International Monetary Fund Managing Director Christine Lagarde said France needs to keep reforming its economy and that she would welcome a second law by Economy Minister Emmanuel Macron,…

Global marine terminal operator DP World joined hands with four major shipping companies–APL (Singapore), MOL (Japan), HMM (South Korea) and CMA CGM (France)–to officially launch Rotterdam World…

KKR & Co. and Apollo Global Management are seeking to acquire General Electric Co.’s inventory finance arm, a unit with $11 billion in assets, as the company retreats from banking,…

China’s industrial production, which measures output at factories, workshops and mines in the world’s second-largest economy, rose 6.1% year-on-year in August, the government said on Sunday, AFP…

Turkey’s economy is expected to grow only 3% this year, a reduction from the government’s target of 4% growth, Deputy Prime Minister Cevdet Yilmaz told Anadolu Agency on Sept. 11. The target set…

Indonesian President Joko Widodo (Jokowi) has announced a comprehensive package of reforms aimed at reducing inflation and stabilizing the exchange rate, stimulating demand through deregulation…

Overshadowed by Europe's twin dramas over refugees and Greek debt, debate is bubbling up over how to strengthen European monetary union after six years of debilitating crisis.

The territory south of Rome, that includes many of Italy’s most enchanting places, in Sicily, Puglia and Campania, is fading away; choked by corruption, its economy mired in recession and its…

Bank of Japan policymakers are in no mood to expand monetary stimulus this week, sources familiar with their thinking say, even as poor data challenges their presumption that economic recovery…

We may well not get a global recession in the coming year or two but if we do, bank on one thing: An inadequate policy response.

Citibank Chief Economist Willem Buiter attracted attention…

Malaysia will continue to be one of the main destinations for investors despite the current global economic challenges, said Qatar’s ambassador to Malaysia, Essa Mohamed Al-Mannai.

Puerto Rico will begin meeting with creditors in the next few weeks after the financially stressed commonwealth said it’s short about $13 billion needed for bond payments in the next five years.…

Pakistan cut its benchmark interest rate as the central bank seeks to encourage economic growth amid falling oil prices, Bloomberg reported. Governor Ashraf Mahmood Wathra lowered the target…

To the never-ending astonishment of our economists, global growth has been much weaker since the financial crisis than before it, despite enormous global stimulus from years of extreme…

The UN General Assembly has passed a resolution supporting a nation’s right to restructure its debt without interference from foreign courts. The move strengthens Argentina’s hand in a debt…

The Philippines is relatively isolated from the risks coming from external shocks due to the country’s sound economic fundamentals, officials from the International Monetary Fund and World Bank…