World Economy

Algeria has temporarily banned the import of 900 products including cell phones, household appliances and vegetables in a bid to cut a ballooning import bill following a fall in energy earnings…

Venezuela's opposition-controlled legislature said Monday that inflation in the economically struggling nation reached a staggering 2,600% last year. The figures underline the problems besetting…

Brazil’s rebounding economy and record-low interest rates are likely to change the nature of mergers and acquisitions in 2018 from scandal-driven asset sales to investor bets on a broad recovery…

Hong Kong’s towering home prices might rise another 10% this year—all the more reason to shun developers and buy retail.

Hungary’s industrial production growth eased at a faster-than-expected pace in November, preliminary figures from the Hungarian Central Statistical Office showed Monday, ForexTV reported. The…

Qatar is witnessing “remarkable development towards building a fast-growing and accelerated economy”, UK secretary of state for transport and MP Chris Grayling has said.

German factory orders fell in November as demand for investment goods dropped, though the economy ministry said the trend remains upward, Bloomberg reported. Orders, adjusted for seasonal swings…

World stock markets hovered close to all-time highs on Monday as the best start to a year in eight years showed little sign of running out of steam, with the combination of strong global growth…

One of the benefits of China shifting its economy away from traditional manufacturing is that the country's economic growth will be less reliant on borrowing, an economist said on Monday.

French President Emmanuel Macron urged Europe Monday to take part in China's Silk Road revival plan, despite some European misgivings about the massive project, as he began a state visit.

The Irish economy has moved past its recovery phase and has enough strength and momentum to shrug off the impact of Brexit in 2018, according to an upbeat forecast from employers representative…

Federal Reserve officials are becoming increasingly conflicted about whether to keep raising interest rates. That could spell trouble for a breathless stock market rally that many investors feel…

Business confidence index in Scotland is among the lowest in the UK, according to a new survey. The Bank of Scotland’s Business in Britain report, which looks at expected sales, orders and…

Experts have predicted better performance of the Nigerian economy in 2018.

A financial analyst and head of the department of banking and finance at the Nasarawa State University, Keffi,…

Business optimism among Malaysian companies is hitting new peaks in the first quarter of 2018 as growth momentum continues to pick up.

According to Dun & Bradstreet Malaysia’s…

Britain experienced its worst year for consumer spending in five years in 2017, after expenditure dropped in the run-up to Christmas as declining real wages and economic uncertainty continued to…

Global sukuk issuance may drop by as much as 28% in 2018 on the back of tighter liquidity, mounting geopolitical risks, and slow progress on standardization, according to ratings agency Standard…

Retailers in the eurozone are enjoying a better time than their UK counterparts, a survey showed on Monday, ShareCast News reported. European consumers are in fine fettle, judging from the…

Japan Inc is running out of excuses in the face of Prime Minister Shinzo Abe's calls for wage rises of 3% or more. The nation is having its best run of economic growth in a decade, stocks prices…

Debts across Australia have hit a record high of double household incomes and are still climbing, making it difficult for the Reserve Bank to raise rates and increasing the risk to the economy…

Encouraged by Egypt’s economic reforms, a major gas find, streamlined business rules and a devalued currency, investors are increasingly optimistic about prospects for the North African country…

The European Central Bank should set a date to end its asset-buying program, the head of Germany’s Bundesbank, Jens Weidmann, told Spanish newspaper El Mundo, Reuters reported. Tipped as a…

The global economy is expected to “heat up” in 2018 on the back of increasing economic activity, following a period of “Goldilocks” investment conditions (neither too hot nor too cold),…

Turkey’s automotive industry exports surged 19.5% to $28.53 billion in 2017, compared to the previous year, automotive exporters said Sunday, Anadolu Agency reported. The exports rose 6% to $2.…

Years of steady hiring and economic growth have delivered a cumulative benefit for at least one group that hasn’t always shared in America’s prosperity. The unemployment rate for African-…