One under-appreciated indicator is flashing red for some developed markets, Goldman Sachs analysts say.
World Economy
The Turkish lira gained slightly against the dollar on Monday as markets reopened after last week’s holiday, with investors set to refocus on a bitter dispute between Ankara and Washington over…
The Kenya treasury took Sh54 billion ($535.7 million) World Bank loans in a three-month borrowing spree that has seen the Washington DC-based lender regain its top spot above China in the…
Indonesia is looking to increase tariffs on 900 consumer items to curb imports in a bid to protect the Indonesian rupiah, as the country battles to halt the fall in the currency.
South Africa needs to stand up and fight the problem of counterfeit goods as it has the potential to destroy the economy and lead to unemployment in the country, Paul Ramara, a partner at Spoor…
Plans for VAT at the beginning of 2019 will make Bahrain the third Persian Gulf Arab economy to implement VAT.
Consumer spending will dip and price inflation will rise in the immediate…
President Moon Jae-in’s chief policy adviser reaffirmed his commitment to the administration’s “income-led growth” policy on Sunday, shrugging off growing criticism fanned by recent grim jobs…
Infrastructure spending in China is heating up again. But this time, the government wants help.
Work contracts for 3,140 non-Kuwaitis serving in the public sector have been cancelled, said Ahmad Al- Jassar, Chairman of the civil services commission late Saturday, Kuna reported.
France’s 2019 budget will be based on an economic growth forecast of 1.7% and a public deficit target that may be hard to reach, French Prime Minister Edouard Philippe said in an interview with…
First it was the shocking tweet that funding was secured and Tesla may go private, then a statement that the money wasn’t locked down after all. Two weeks later it’s never mind, the whole deal…
Governments of resource-rich Asian countries are slapping new levies and tightening screws on mining companies, hoping to extract more revenue from natural assets to cover ballooning…
Ahmad Harb opened his perfume shop on the main street of Beirut’s commercial Hamra district 35 years ago, and his business has weathered security and political crises in this volatile country,…
Two of Australia’s big four banks have been accused of criminal offences over their treatment of superannuation customers, Xinhua reported.
Poland’s jobs conundrum is worse than it looks. A labor shortage has increasingly emerged as one of the biggest hurdles for the European Union’s biggest eastern economy. Now the remaining pool…
Over the past decade, a lot of capital has flowed into emerging markets thanks in part to excessive liquidity in advanced economies. This money has often found its way into risky or suspect…
The recent measures taken by the Venezuelan government to stabilize the economy will lead to a more productive economy, a Venezuelan economist says.
Confidence in the local economy improved in August after the government reported better than expected gross domestic product growth for the second quarter of the year, according to Cathay…
Back in September 2017, Fitch (with Russia rating BBB-) estimated that the US sanctions were costing Russia “one notch” in terms of sovereign ratings, with ex-sanctions risk conditions for the…
China’s consumer confidence remained high in the second quarter of the year, according to a research report by global measurement and data analytics company Nielsen, Xinhua reported. The country…
President Moon Jae-in said on Saturday South Korea’s economic policies are on the right path to boost jobs and address inequality.
“Our economic policies are on the right path. The…
The devil makes work for idle traders—a paucity of central bank meetings and major data releases means there will be plenty of time for investors to think about emerging markets next week. And…
The IMF has warned Saudi Arabia against boosting spending in the wake of rising oil prices, urging the world's top crude exporter to also contain its wage bill.
The International…
The World Bank raised Aus$110 million ($80.9 million) in the first-ever blockchain bond offering following investor demand that exceeded expectations, the global lender announced.
Pakistan is facing external pressures rising from increasing imports of capital goods as well as investments under the China-Pakistan Economic Corridor, said Moody’s, the international ratings…
