Singapore’s services and manufacturing sectors both showed cautious optimism about business prospects for the second half of the year, according to separate findings released on Tuesday by the…
World Economy
Although Nigeria returned to positive growth in the second quarter of 2017 after slipping into a recession in 2016, the latest Real Household Consumption and Government Consumption Expenditures…
What was at first a trade skirmish–with US President Donald Trump imposing tariffs on steel and aluminum–appears to be quickly morphing into a full-scale trade war with China.
Bitcoin briefly fell below $8,000 on Monday as investors scaled back their exposure to cryptocurrenices, after a sell-off in shares of technology and internet companies spilled over into other…
Turkey’s central bank sharply raised its 2018 inflation forecast to 13.4% from 8.4% previously, governor Murat Cetinkaya said Tuesday.
Speaking at the bank’s quarterly inflation briefing…
Ireland’s central bank has warned that the economy could overheat if the current rate of growth continues. In its latest quarterly bulletin, the regulator said growth will remain strong into…
Bank of Japan on Tuesday made slight adjustments to its monetary policy to enhance the sustainability of its current easing measures. The changes are designed to make the policy framework more…
The Spanish economy unexpectedly slowed in the second quarter, a period that also saw the Socialist party take power in an abrupt change of government.
Lithuania’s economic growth improved slightly in the three months ended June, after easing in the previous quarter, preliminary figures from the Department of Statistics showed Monday, RTTNews…
World markets slipped on Monday as steep losses by US technology stocks and a weakening Chinese yuan shook confidence in overall growth.
Despite the government’s efforts to focus on building infrastructure, the availability gap is unlikely to narrow anytime soon, according to a study by Standard & Poor’s.
World Bank Vice President for the Middle East and North Africa Ferid Belhaj said Monday that Lebanon’s economic situation was “delicate”, but dismissed the notion that there was reason to fear…
Deutsche Bank has moved a “large part” of its euro clearing activity to Frankfurt from London, a spokesman confirmed on Monday, Reuters reported. The shift by Germany’s largest bank is a boon to…
US President Donald Trump’s tax reform caused a major disruption in global investment flows, with the United States bringing more money home than it sent out in the first quarter for the first…
A simultaneous downturn in economic indicators raises the possibility of the South Korean economy weakening in the second half to the extent of making it hard to achieve the official 2018 growth…
In almost exactly two years, the Summer Olympics will kick off in Tokyo. The last time the games were held in the Japanese capital in 1964 was an opportunity for the country to modernize…
Billionaire industrialist Charles Koch, who leads a powerful policy and political network, said Sunday he worries President Donald Trump’s actions on trade and tariffs put the booming US economy…
Chinese gold miners are on the hunt for mines overseas, spurred by robust prices of the precious metal. Already the world’s largest gold producer, China’s sees overseas mines as part of the…
Nina Lorea Kley urgently needs young people to train as vehicle builders at her company’s factories in northern and eastern Germany. She has enough orders and money to hire 20 this summer but…
Something interesting happened in Swedish finance last quarter. The only big bank that managed to cut costs also happens to be behind one of the industry’s boldest plans to replace humans with…
MMK, one of Russia’s largest steel producers, has postponed the launch of a lucrative project in Turkey due to uncertainty created by global trade wars, Andrey Eremin, the company’s director for…
US companies seeking to be exempted from President Donald Trump's tariff on imported steel are accusing American steel manufacturers of spreading inaccurate and misleading information, and they…
Turn on the news, browse the web, or enter any cafe in an Arab country and you will often hear something along these lines: “Our youth are more educated than ever, but they just can’t find any…
Agriculture ministers from the G20 countries criticized protectionism in a joint statement on Saturday, and vowed to reform World Trade Organization rules, but did not detail what steps they…
The earliest indicators for China’s economy showed the pace of expansion slowing this month, highlighting the reasons behind policymakers’ decision to add stimulus in the face of escalating…
