World Economy

Portugal’s economy is growing in sectors from agriculture to software—not just tourism—and attracting investor interest from France and Germany to China and India, Economy Minister Manuel…

Microsoft could lose billions of dollars if it chooses to curb its sales in Russia due to US sanctions, communications minister Nikolai Nikoforov was quoted by Russian news agencies as saying on…

The European Union on Tuesday removed eight countries including Panama and South Korea from its list of tax havens, just weeks after first publishing the blacklist, France24 reported. The United…

Confidence in the Turkish economy has soared in January, the Turkish Statistical Institute, TurkStat, reported on Tuesday, Anadolu Agency reported. The consumer confidence index jumped 11.1% in…

Canada and the remaining members of the old Trans-Pacific Partnership agreed Tuesday to a revised trade agreement that will forge ahead without the United States and give Canadians more access…

Rising oil prices are easing fears of a financial crisis in the Persian Gulf Arab countries, but they look unlikely to trigger another economic boom in the region, a quarterly Reuters poll of…

Global flows of foreign direct investment fell by 16% in 2017 to an estimated $1.52 trillion, down from a revised $1.81 trillion in 2016, according to the latest UNCTAD Global Investment Trends…

The global unemployment rate is expected to tick down in 2018, the United Nations said Monday, while warning that far too many workers still live in desperate poverty.

The International…

Germany’s economic confidence improved to an eight-month high and the assessment of current situation hit a record in January, indicating an optimistic outlook for the economy in the first half…

Egypt secured its biggest non-oil foreign direct investment deal since it floated the pound, Investment Minister Sahar Nasr said, as Dubai-based Al Ghurair Group agreed to put $333 million into…

Most Southeast Asian stock markets rose on Tuesday, in line with broader global equity markets following a deal to end a US government shutdown, while the US move to slap steep tariffs on…

South Korea said on Tuesday it would complain to the World Trade Organization over US President Donald Trump’s decision to slap steep tariffs on imported washing machines and solar panels, and…

The International Monetary Fund is calling on regulators around the world to coordinate on policies for cryptocurrencies after warning of ‘risks’ from the soaring prices of digital assets.

President Xi Jinping said Monday that China’s private sector has played an important role in bolstering economic growth, promoting innovation, creating jobs, and improving people’s well-being…

Open Banking arrived on British shores with much fanfare and expectation. Britain's nine largest banks will now be required to ensure customer account data is accessible to appropriately…

The International Monetary Fund cut South Africa’s economic growth forecast for the next two years on Monday, citing rising political uncertainty that has dented investor confidence, Reuters…

The Philippine economy is widely expected to grow within target for the full-year 2017, given the higher infrastructure spending in the fourth quarter, First Metro Investments Corp. and the…

The euro rose a third of a percent on Monday on expectations the European Central Bank will maintain its current monetary policy at a meeting this week and not signal a dovish tilt.

Finland’s economy is expected to grow more this year than last, according to a forecast that the country’s largest bank, OP Group, released on Monday.

Finnish gross domestic product is…

Planned investments and measures to enhance their presence taken by multinationals are reflective of the confidence the international community has shown in Malaysia over the past year, Prime…

Italy’s major parties haven’t formally spelled out their election economic programs, but early hints have politicians sniping and economists questioning their feasibility.

Celltrion Inc., the little-known South Korean biotech company that surged into the ranks of the world’s most-traded stocks at the start of 2018, may finally be coming down to Earth.

Economists and policy makers are relying too much on gross domestic product as a measure of national performance to the detriment of people’s living standards, according to the World Economic…

It's a boom time for billionaires. As for everyone else, not so much. More billionaires were minted in 2017 than in any other year in history, according to a new report from the charity Oxfam…

Algeria’s trade deficit dropped to $11.19 billion last year, down by 34% from $17.06 billion in 2016, as exports rose significantly to $34.76 billion in 2017, from $30.02 billion in 2016, almost…