World Economy

Ukraine’s parliament bowed Thursday to pressure from its western lenders and delayed voting on legislation giving it the power to remove heads of the country’s nascent anti-corruption agency,…

Chinese exports surged more than twice the expected pace in November, official data showed on Friday, providing some more welcome news pointing to improvement in the world’s number-two economy…

Regulators from around the world polished off the final set of new regulations for banks in Frankfurt on Thursday, the Basel Committee on Banking Supervision said in a statement, closing a saga…

Bitcoin plunged as much as 15% to below $14,500 on profit-taking Friday, capping a roller-coaster week that saw the currency hit a series of record highs and underlining concerns about its…

Japan is growing twice as fast as previously estimated, official data showed on Friday, with the world’s third-largest economy posting its longest string of gains in more than two decades.

Kenya’s economic growth will reach 5.5% in 2018 and rise further to 5.9% in 2019, the World Bank announced on Thursday in Nairobi.

World Bank country director for Kenya Diarietou Gaye…

The US Treasury on Friday will begin “extraordinary measures” to prevent a default as the government again bumps up against legal limits on its borrowing authority.

The move comes as…

Strong domestic demand and from outside the single currency bloc boosted German factory orders last month. Total manufacturing orders grew for a third consecutive month in October, recording an…

The European Union has named and shamed 17 countries on a new tax haven blacklist. But the bloc’s effort to crack down on tax avoidance has come under fire, with no EU member states included on…

South Korea’s export-led economic recovery is showing signs of slowing down, as the growth of outbound shipments decelerates, although consumer sentiment is continuing its upward trend, a state-…

Britain’s economy is ending 2017 lagging the eurozone’s strong recovery as the effects of last year’s Brexit vote weigh on shoppers and on businesses, according to a range of data released on…

South Africa’s business confidence index edged higher in November, helped by expectations the government will implement policies to boost the economy, a survey showed on Wednesday.

The…

Less than one-third of Americans approve of the Republican tax plan, Quinnipiac figures show. The same poll put President Donald Trump’s approval rating at 35%, and Gallup’s daily tracking poll…

Late-cycle tailwinds should support modest positive returns for Canadian equities in 2018, though volatility is expected to increase as markets consider the timing of the next recession,…

The global economy is continuing its gradual recovery from the financial crisis, with the latest data pointing to a broad-based pickup. However, longer term Asia is seen maintaining its position…

Turkey’s inflation in November hit its highest annual rate in 14 years at nearly 13%, according to official data.

Consumer prices rose 12.98% last month from the same period in 2016, the…

Moody’s Investors Service Wednesday upgraded its outlook for Hong Kong banking system to stable from negative as stronger global economic growth in the next 12-18 months is expected to benefit…

Australia’s economy grew 0.6% in the third-quarter, as business investment lifted despite weak household spending, reflecting the divergence between the two segments, official data showed…

When Jia Xinru needed to borrow money to buy new clothes, order food and buy a projector, she had instant access to China’s growing number of lenders via her mobile phone.

The 24-year-…

Bitcoin surpassed $12,000 for the first time amid speculation that the widespread use of futures will help lead to digital currencies being viewed as a legitimate asset class for mainstream…

Tunisia plans to launch long-awaited reforms to reduce its chronic budget deficit, but the measures could harm investment if the government imposes new taxes and resists cutting the bloated…

Czech wage growth slowed in the third quarter but still ran at its second fastest pace since 2009 to remain the main demand driver in the overheating economy, data showed on Monday, Reuters…

New orders for US-made goods fell less than expected in October and shipments of core capital goods were much stronger than previously reported, pointing to sustained strength in the…

The body responsible for overseeing the world's central banks has warned that investors are ignoring signs of overheating in financial markets and consumer debt levels rising to unsustainable…

Days after India’s economy showed signs of recovery, Fitch Ratings Monday cut the country’s GDP growth forecast for the current fiscal to 6.7% from the earlier projected 6.9%, saying the rebound…