World Economy

Thailand’s central bank kept its benchmark interest rate unchanged near a record low in the face of subdued inflation, and raised economic growth forecasts for this year and next, Bloomberg…

Russian industrial output shrank more than expected in November, hurt by Moscow’s agreement with other major oil producers to limit global crude output, the economy ministry said late Tuesday.…

A widening chasm between housing prices and rental cost could be a sign that a correction is right around the corner. The biggest chasm can now be found in Norway. That’s the finding of a study…

The French economy can look forward to continued steady growth in 2018, thanks to a sharply improved business climate. France’s return to economic growth should remain on course in 2018, in step…

Total economic losses from natural and man-made disasters have soared by 63% to strike an estimated $306 billion in 2017, reinsurance firm Swiss Re said Wednesday.

"The US was hardest…

Greece’s parliament approved the 2018 budget, described by the government as the last under the country’s multi-billion bailout, which nominally ends in August.

Mongolia’s economy is outpacing growth expectations this year despite budget cuts as the coal trade has been strong even as exports slowed in the second half, an International Monetary Fund…

Don’t let 2017 fool you: next year is full of headwinds. And just like that, the year in which the world learned to live with late night Twitter rants from a US president, record-high stock…

The latest survey from the ministry of finance forecasts that the Finnish economy will grow by 2.4% in 2018 which it says means an increase in employment, a decline in the general government…

Central Africa’s CEMAC bloc is expected by the International Monetary Fund to have suffered a 0.6% economic contraction in 2017, an improvement on last year’s 1% but well below an earlier…

Slovakia’s economic and business sectors are thriving thanks to the generally positive development of its main trading partners. Economic growth has exceeded 3% and unemployment rates are…

A senior official of Asian Development Bank on Tuesday said the credit rating of Pakistan had significantly improved in recent years and investors were showing keen interest to take benefit from…

China’s economic growth is forecast to decelerate over the next two years mainly because of domestic policy tightening, the World Bank said in its China Economic Update, released Tuesday.

The Russian Direct Investment Fund and France’s CDC International Capital have signed an agreement expanding the scope of cooperation, which stipulates joint search and financing of small and…

The year 2018 looks to be a year of good economic growth around the globe, according to PricewaterhouseCoopers. Global growth is projected to reach 3.7% in purchasing power parity terms next…

The New York Federal Reserve on Friday raised its estimate of US gross domestic product growth for the fourth quarter of 2017 closer to 4%, based on revisions of prior data that suggested…

The Chung-Hua Institution for Economic Research forecast on Tuesday said  Taiwan’s gross domestic product will grow 2.27% in 2018 after a projected 2.53% year-on-year increase in 2017.

The outlook for global sovereign creditworthiness is improving, despite political and economic risks, according to a new report.

In a note to its clients, S&P Global Ratings said the…

Japan gross domestic product in fiscal 2018 is now projected to grow 1.8% year on year in price-adjusted real terms, up from the previous estimate of 1.4% made in July, the government’s latest…

Until now, the surge in cryptocurrency markets has been a sideshow to the financial markets or the real economy. Prices have gone up a lot for bitcoin and other cryptocurrencies, and it's fun to…

German business confidence index deteriorated unexpectedly in December after hitting an all-time high in the previous month, a survey showed on Tuesday, suggesting that political deadlock in…

The European Union is opening an in-depth probe into IKEA’s taxation model in the Netherlands, its latest effort to go after sweetheart deals for big multinationals, AP reported.

Southeast Asian nations are riding a global trade boom that’s set to underpin solid economic growth next year, supporting the region as it embarks on monetary policy tightening and braces for a…

An International Monetary Fund mission is in Bosnia for talks aimed at unlocking payouts under a $650 million loan program which are frozen due to lack of progress by the authorities in carrying…

Republican leaders in congress make no secret of prioritizing tax cuts for their wealthy donors and corporate allies over the needs of people who work for a living.