World Economy

Wall Street economists are telling investors to brace for the biggest tightening of monetary policy in more than a decade. With the world economy heading into its strongest period since 2011,…

Digital businesses can’t afford to ignore Southeast Asia, according to a new report by Google and Singaporean state investment vehicle Temasek.

Armenia’s economy is set to expand by 5.8% in 2017 and grow further by 3.8% and 3.6% in the following two years, a new report by the United Nations revealed, citing vibrant economic activity…

Gold steadied below $1,250 an ounce on Monday after its biggest weekly drop in more than six months, with moves muted ahead of an expected interest rate hike from the US Federal Reserve this…

Merger activity in the eurozone bank sector is likely to accelerate given rapid economic growth and a reduction in soured debt, European Central Bank supervisory chief Daniele Nouy told a…

The World Trade Organization’s Buenos Aires meeting commenced amid concerns about support for anti-globalization, protectionism and bilateralism. But the odds of a breakthrough look grim against…

A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly US and Russian banks in recent years by targeting interbank transfer systems,…

The Belt and Road Initiative has tremendous potential for offering public goods to the world population, says the United Nations Development Program in the economic development along the Belt…

Bitcoin has landed on Wall Street with a bang. Futures on the world’s most popular cryptocurrency surged as much as 26% from the opening price in their debut session on Monday on Chicago Board…

Brazilian markets seesawed ahead of a crucial week for the government’s plans to streamline the social security system and curb public debt. Investors widely see the unpopular bill as crucial to…

The market for base metals is projected to grow at a robust rate for the next few years, although seasonal and occasional movements and unexpected changes in the industry will cause the market…

The gradual acceptance of digital currencies, with major exchanges about to launch bitcoin futures trading, may prompt some oil producing nations to ditch the US dollar in crude trade in favor…

Inflows into emerging market bond and equity funds have been much more volatile over the past few months. Last week, equity funds suffered outflows for the third time in the last six weeks while…

The confidence of UK businesses is faltering against the backdrop of protracted and unclear Brexit negotiations, according to the latest Business Trends Report by accountants and business…

The French economy will grow 0.5% on quarter in the final quarter of the year, sustaining the firm pace recorded throughout 2017, a survey by the Bank of France showed Monday, Dow Jones reported…

Much of the markets’ focus last week was on another round of records—from the Dow Jones Industrial Average and S&P 500 closing Friday at new highs, to bitcoins’ wild ride ahead of the formal…

Fitch Ratings on Monday upgraded Philippines’ credit rating to ‘BBB’ from ‘BBB-’, citing the nation’s “strong and consistent” macroeconomic performance and sound policies supporting high and…

Mercenary turned private security tycoon Erik Prince has famously pitched an audacious plan to the Trump administration: Hire him to privatize the war in Afghanistan using squads of "security…

Five big themes are likely to dominate the thinking of investors and traders in the coming week.

The US added 228,000 jobs in November, and unemployment stayed at 4.1%, the lowest level in decades. However the unemployment rate among black Americans was 7.3%, which shows the extent to which…

Egypt’s current account deficit narrowed to $1.6 billion in the first quarter of the 2017/18 financial year from a deficit of $4.8 billion in the same period a year earlier, the central bank…

Economic policy under the new Zimbabwean President Emmerson Mnangagwa is aimed at restoring business and investor confidence, IOL reported  .However, business executives and experts want…

Britain’s Labour party has been plunged into a corruption scandal after a businessman with close ties to the party was secretly recorded demanding a £2 million ($2.68 million) bribe from…

Japan, the US and the European Union will join together to call for fairer trade practices at the ministerial meeting of the World Trade Organization to be held in Buenos Aires from Sunday. They…

In just over half a year, Danske Bank A/S has attracted 11,500 clients to an investment service provided by a robot. Denmark’s biggest financial firm now hopes the project will help it expand…