World Economy

The size of Pakistan’s economy stood at $313.13 billion at the end of June 2018, according to provisional figures released on Thursday by the central bank, as a weaker currency took toll on…

The Chinese yuan slid to its lowest in more than a year on Friday, further undermining global sentiment and stoking worries Beijing’s currency management could be the next flash point in a trade…

The latest round of US tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings…

Italian bond yields rose and equities sold off on Friday after local media reported tensions within the coalition government and a newspaper interview with a lawmaker raised fresh concerns about…

Global economic growth is poised to pick up this year, though the alarm bells about trade protectionism are getting louder.

That’s the backdrop for central bankers and finance ministers…

Debt watcher Moody’s Investors Service on Friday said the Philippines’ planned shift to a federal form of government could be a downside risk for the economy, especially on the country’s fiscal…

Expectations for Turkey's end-2018 inflation rate rose from 12.28% in June to 13.88% in July, the central bank’s regular survey of businesses and analysts showed on Thursday.

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Nicaragua’s economy is tanking as the violent chaos engulfing the nation paralyzes business activity. Police and pro-government paramilitary forces fired on government opponents hiding behind…

Oman’s economy is well on its way to fulfilling its massive market potential, according to financial experts in the sultanate.

German economic growth likely accelerated slightly in the second quarter from 0.3% in the first three months of the year, but the threat of a global trade war and Brexit both present risks to…

Panasonic Corp said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to US sanctions, and that it had suspended…

Wall Street could be making a costly mistake. According to economist and Yale University senior fellow Stephen Roach, the markets are underestimating the impact from the trade war with China.

North Korea’s economy contracted 3.5% on-year in 2017 in the aftermath of tougher international sanctions and drought, logging the worst showing in two decades, South Korea’s central bank said…

Technology and what it will do to change how people work is the driving obsession of the moment. The truth is that nobody knows for sure what will happen–the only certainty is uncertainty. How…

US officials who helped the country survive the 2008 financial crisis fear the world has forgotten the painful lessons learnt from the banking system’s near-collapse—despite navigating in…

More than 23% of the world's economy operates out of sight of governments, leaving more than $10.7 trillion of economic activity unreported annually, according to a new study commissioned by…

The Indian government has initiated as many as 214 anti-dumping investigations up to December 31, 2017 against China, with which India has a huge trade deficit, the parliament was informed…

Lloyds lost market share in UK mortgages last year as Royal Bank of Scotland, HSBC and a host of challengers gained, according to new data published Wednesday. Competitors to Lloyds bit off…

New research published by the European Central Bank pushes back against criticism leveled at its €2.4 trillion ($2.8 trillion) stimulus program, indicating it did not increase inequality and…

Google will be fined about €4.3 billion ($5 billion) by the European Union over apps for Android mobile devices, setting a record for antitrust penalties, according to a person familiar with the…

Global debt watcher Fitch Ratings kept the Philippines’ investment grade of ‘BBB’, citing the country’s robust economic growth, comfortable debt level and policies that are supporting…

Copper’s slump amid a deepening global trade conflict offers a long-term buying opportunity, according to Citigroup Inc., which shrugged off fears for world growth to boost its long-term…

Against the backdrop of rapidly rising tension, violence, poverty and alarming unemployment rates reaching 60%, the United Nations said in a press release that it is moving urgently to create…

Cryptocurrency is not bound by geography because it is internet based; its transactions are stored in a database called blockchain, which is a group of connected computers that record…

From December Cuba’s small business owners can open new stores again. But there is skepticism about what will really change as increased bureaucracy, longer authorization procedures and more…