World Economy

Asian indexes closed mostly higher in the first trading session of the new year as markets shrugged off the softer lead from Wall Street, while European markets were lower on Tuesday morning.…

Eurozone manufacturers ended 2017 by ramping up activity at the fastest pace in more than two decades, a survey showed on Tuesday, and rising demand suggests they will start the new year on a…

Bangladesh’s foreign exchange reserves rose to $33.23 billion by the end of December, $630 million more than the previous month, the central bank said, Reuters reported. The reserves were up…

Thai military government can look to 2017 for the economy’s best performance in five years, but the strength of the recovery is expected to wane. Gross domestic product probably increased 3.8%…

Irish factory activity expanded at the fastest pace on record as 2017 drew to a close, as soaring output led manufacturers to take on staff at a record rate, a survey showed on Tuesday, Reuters…

After a year of double-digit returns, one of the key questions for emerging markets in 2018 is whether they will continue to be insulated from one another's crises.

Contagion, an…

Increased need for food and petroleum products in Kenya has worsened the country’s trade deficit which widened by 31.1% in the third quarter of 2017 to hit Sh306 billion ($2.96 billion). Data by…

Germany’s Deutsche Presse Agentur news agency reports that the Greek Prime Minister Alexis Tsipras, who was elected in 2015 as a fighter against austerity, leading the eurozone to the verge of…

The UK was one of the fastest growing advanced economies in 2016 but dropped below all other Group of Seven economies in 2017. The UK economy is expected to remain at the back of the pack this…

A hike in the base rate by the South Korean central bank is expected to increase funding costs of local businesses, a report said Tuesday, amid the recent trend of monetary normalization.

Indonesia’s urban consumers will see better days in 2018 after nearly two years of weak income performance. It is expected that higher household incomes will lead to faster consumption growth,…

Spain’s manufacturing businesses ended the year “on a high”, according to a closely-watched survey of the sector, with overall conditions close to their best state in 11 years.

Asia’s factories ended a strong 2017 on a mixed note, with activity at multi-year highs in Taiwan and surprisingly picking up in China, but contracting in some economies in a sign that any…

Spain’s Economy Minister Luis de Guindos has put the cost of the Catalan independence crisis at around €1 billion ($1.2 billion).

He told Spanish radio that it was due to the slowdown in…

Russian President Vladimir Putin signed a law on syndicated lending. The relevant document was published on the website of legal information on Sunday. The law that was adopted by the State Duma…

Reports are emerging on Twitter that bank accounts in Australia associated with Bitcoin purchases are being frozen alongside transactions that users may be making to some of the country’s most…

In less than 20 years, three of the four largest economies will likely be Asian–China, India and Japan–indicating that it may be time, for those who haven’t done so, to seriously look into long…

Finnish Prime Minister Juha Sipila has reminded that the national economy grew last year more than anyone dared predict one year earlier.

What might the massive overhaul of the US tax code mean for the American economy, job growth, wages and the stock market in 2018? While it’s way too early to say for sure, some outlines are…

Venezuela is set to raise its minimum wage by 40%, in a move expected to worsen already high levels of inflation. The country is suffering from an economic crisis in which shortages of food and…

Over four-fifths of Swiss business executives anticipate a positive economic outlook for the country in 2018, according to an annual survey carried out by the SonntagsZeitung newspaper.

Middle Eastern stock markets far underperformed the rest of the world in 2017 but as the year ended, beaten-down valuations for shares and plans for higher government spending gave investors…

International Monetary Fund Chief Christine Lagarde has urged France and other countries to push through reforms “while the sun is shining” on the global economy.

In an interview with…

Cuba concludes 2017 with a slight economic recovery and continued robust social programs despite the roll back in ties with the United States and the devastation left by Hurricane Irma.

Fiji’s Prime Minister Voreqe Bainimarama pledged on Sunday to continue to grow the South Pacific Island state’s economy in 2018 and bring greater opportunity for Fijians, Xinhua reported.