World Economy

Egypt’s non-petroleum exports rose by 12% in 2017, according to a report by the trade ministry’s general organization for export and import control. Exports recorded $20.5 billion in 2017, MENA…

According to the CBS Business Cycle Tracer, the economic situation in the Netherlands has hardly changed in January. Statistics Netherlands, or CBS, reports that all indicators in the Tracer…

By many accounts, the world's top economies are in good shape, with unemployment continuing to decline and global growth picking up.

The Swiss economy would plunge into a period of “extreme uncertainty” if voters approved this year a radical sovereign money initiative, Swiss National Bank Chairman Thomas Jordan warned.

Leading economists from France and Germany on Wednesday weighed into the politically heated debate about making the eurozone more resilient against future crises by calling for new fiscal rules…

Asian stocks ended mixed on Wednesday as lower commodity prices and weak overnight cues from Wall Street on concerns over the possibility of a US government shutdown overshadowed upbeat regional…

Uncertainty and fear are rising in Central American countries over how many families will manage to get by when remittances from the US are cut off under plans by the Trump administration to…

The amount of paper money and coins in circulation in Japan, the US and Europe has ballooned to nearly $4 trillion as households increasingly shun bank deposits that offer paltry interest rates…

Britain's economy isn’t going to pick up for at least the next two years as consumers struggle to lift spending.

Germany’s current account surplus was the world’s largest in 2017, the Munich-based Ifo economic institute said on Tuesday, unveiling a record high reading likely to renew criticism of the…

Bhutan is one of the fastest-growing economies in Asia, but the Himalayan kingdom has a fundamental problem: Its private sector is relatively underdeveloped and starved for capital.

Ireland’s economy and government finances are the most exposed among a group of eurozone countries assessed by ratings agency Moody’s to a “shock” tightening of borrowing costs in the market.

Oman’s rapidly developing logistics sector is being positioned as the biggest contributor to the country’s gross domestic product after hydrocarbons, the nation’s long-standing economic mainstay…

Indonesia’s foreign debt stood at $347.3 billion in November last year, growing by 9.1% year-on-year, according to Bank Indonesia report. The central bank revealed that debts in the private and…

Last year’s best-performing commodity hasn’t lost its touch. Spot palladium prices have soared above a record that stood for 17 years, Bloomberg reported. That followed its best year since 2010…

Companies that have seen their fortunes—and share prices—soar with the crypto-craze are now facing a little bit of a reality check, Bloomberg reported. As bitcoin slumped as much as 20% and…

Mining output growth accelerated to 6.5% in November from 5.2% in October, surprising economists who had expected it to slow, BusinessLive reported. The two consecutive months of growth marked a…

The French state cut its annual budget deficit last year more than expected to reach the smallest shortfall between spending and revenues since 2008, the budget ministry said on Tuesday.

India’s trade deficit for December 2017 was estimated at $14.88 billion as against $10.55 billion during December 2016.

Exports during December 2017 showed a positive growth of 12.36% in…

A Chinese credit rating agency has cut its outlook and rating for the United States to BBB+, putting the debt repayment capacity of the world’s biggest economy below that of Russia and Botswana…

Real GDP growth in the Organization for Economic Cooperation and Development area slowed marginally to 0.7% in the third quarter of 2017, compared with 0.8% in the previous quarter, according to…

Economic activity in Brazil expanded for a third straight month in November, the longest stretch of gains since 2014, suggesting strong momentum at the end of the year, Reuters reported. The…

The euro shot to a three-year high on Monday as optimism around growth buoyed expectations of tighter monetary policy from European Central Bank, while the chance of a pro-European Union…

A hard Brexit would cost Scotland’s economy £12.7 billion ($17.52 billion) a year, according to a new Scottish government report Monday. It estimates that the Scottish economy will grow at a…

A leading credit ratings agency has maintained its negative scorecard for Australia’s banks, as their profitability is expected to slow down this year. That was the downbeat outlook given by…