World Economy

It seems like a long time since China was routinely the source of good news. Growth rates remain impressive, but it is increasingly obvious that they are being bought at the cost of ever rising…

Riskier borrowers are going to enjoy one last hurrah in 2018. Chief executives and buyout firms will be more adventurous in a year of buoyant global growth. And they will be keen to lock in…

The Bank of Greece announced that deposits in the recession-battered country rose in November 2017 by 7%, on an annual basis, up from 6.6% from the previous month. In absolute terms, the net…

The recent interest rate hike by the US Federal Reserve and potential guidance of three to four hikes in 2018 has adverse consequences for private sector credit growth, economic diversification…

Bitcoin and cryptocurrencies had a year of exceptional growth in 2017. The cryptocurrency market cap managed to surpass the valuation of $638 billion and many experts believe that it will…

South African President Jacob Zuma on Sunday reaffirmed the government’s commitment to radical socio-economic transformation in 2018.

Radical socio-economic transformation will be the…

The growth forecast in the Palestinian economy fell by half a percentage point between the beginning of 2017 and the year’s third quarter. The final data with the close of the year will most…

Malaysia’s Prime Minister Najib Razak said in his New Year message on Sunday that Malaysians can look forward to a brighter economic future in 2018.

Gold extended its rally to a three-month high, leaping toward its biggest one-year rise in seven years as a wilting US dollar, political tensions and receding concerns over the impact of US…

South Korea should brace for more protectionist measures from the United States as Donald Trump’s “America-first” strategy is expected to gain momentum in 2018, according to a noted US business…

Singapore’s economy expanded 3.5% in 2017—more than double initial forecasts—thanks to an upswing in global growth, Prime Minister Lee Hsien Loong said in his New Year message on Sunday.

Namibia’s stock of foreign reserves declined at the end of November to a five-month low of 28.5 billion Namibian dollars ($2.31 billion), according to central bank monetary and banking…

The majority of the European markets ended Friday's session with small losses. However, despite the weak performance, many markets are ending the year with impressive gains.

Morocco’s economy grew 3.8% in the third quarter of this year, after a slow growth of 1.3% in the same period last year, the official High Commission for Planning said on Saturday, Xinhua…

From mobile phones to furniture, Vietnam’s export boom shows no signs of losing steam, defying a gloomy outlook at the beginning of the year when President Donald Trump persisted with his trade…

A new contender just moved into second place in the race to catch bitcoin. Ripple, a cryptocurrency that first surfaced in 2013, has surged 53% in the past 24 hours to surpass ethereum and take…

Qatar’s economy has largely recovered from a boycott imposed by other Arab states and is again growing at one of the fastest rates in the region, according to figures released by the statistics…

China's foreign exchange regulator will cap overseas withdrawals using domestic Chinese bank cards at 100,000 yuan ($15,370) per year in an effort to target money laundering, terrorist financing…

After two years of negative growth and four years of a slowdown, Latin America's economy expanded in 2017 and experts predict the upward trend will hold in 2018.

Regional gross domestic…

Spain’s consumer price inflation slowed more than expected in December, according to flash data from the statistical office INE, RTTNews reported. Inflation eased to 1.2% in December from 1.7%…

German inflation hit its highest level in five years in 2017, initial data showed, sowing the seeds of more discord among rate setters at the European Central Bank, where some policymakers want…

As expected, Turkey this month posted a sensational growth rate for the third quarter of 2017. The economy ostensibly grew 11.1%, which put the overall rate for the first nine months at 7.4% and…

Estonia is expected to get a 100-to-one-euro return on investment for its e-residency program, which lets anybody start a business from afar. It is even planning to launch ‘estcoins’, its own…

Japan’s manufacturing sector is chugging along, underpinned by strong demand from China for such products as robots and smartphone components.

The seasonally adjusted industrial…

Kenya’s economy expanded at the slowest pace since December 2013 as a government-imposed cap on commercial lending rates, a drought and disputed elections weighed on growth in the world’s…