World Economy

In assessing the economic outlook for Asia, analysts at Nomura explain that their long-standing view is that Q3 2018 is the highest-risk quarter for a painful snapback as the risk premium is…

Sentiment surrounding Singapore’s economy remained dim in June, according to the latest LMD-Nielsen Business Confidence Index survey, as almost all respondents believe that the state of the…

For Southeast Asia's biggest economies, 2018 wasn't supposed to be like this.

If a widening trade war wasn't enough to contend with, a global wave of policy tightening, strong oil prices…

It wasn’t runaway inflation or a financial implosion. The causes vary from Europe to China to the US to Japan.

The trade war between the US and China is the most dangerous because it’s…

The Malaysian airline, already the second-biggest customer for Airbus’s re-engined A320 narrow-body, is weighing an order for as many as 100 A321neo aircraft, according to people familiar with…

The shadow economy in Jordan accounted for 17.38% of the GDP between 1991 and 2015, according to the International Monetary Fund.

Bayt.com, the Middle East’s largest job site, just revealed that over 37,000 jobs were announced on its platform during the second quarter of 2018 bringing the total jobs announced on the site…

The chief of Germany’s central bank, Jens Weidmann, warned the government of increasing risks of the economy cooling when he spoke at a cabinet meeting, business newspaper Handelsblatt reported…

Morocco will exempt new industrial companies from corporate tax for five years to stimulate investment, the finance and economy ministry said, Aawsat reported. The corporate tax holiday will…

More than a week has passed since the US and China fired the opening shots in what is turning out to be an escalating trade war that has yet to produce any visible winners in either of the world…

Saudi Crown Prince Mohammed bin Salman’s Vision 2030 scheme was to wean the world’s top crude exporter off oil, but the far-reaching initiative is facing two uphill battles: foreign direct…

Pakistan’s central bank on Saturday raised interest rates by 100 basis points to 7.5%, adding to a hike in May in order to offset inflationary pressures after a currency depreciation, Nikkei…

Cuba revealed new details on Saturday about plans to reshape its government, courts and economy with a constitutional reform set to be approved by the national assembly this month.

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Italy's already weak growth forecasts were revised downwards on Friday, a potential roadblock to the country's new anti-establishment and far-right coalition government's expensive promises amid…

The decline in emerging-market currencies since March is the result of the dollar rally. However, emerging markets are still benefiting from synchronized growth in the global economy. That…

Japanese authorities ordered Higashi-Nippon Bank to improve its internal controls after dozens of its Tokyo-area branches lent customers more than they needed and charged unclear fees.

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The bankruptcy of investment bank Lehman Brothers on September 15, 2008, is considered the seminal moment in the global financial crisis.

The International Monetary Fund says Nigeria’s economic outlook for 2018 remains challenging as private sector lending remains low and foreign exchange inflows are mostly short-term.

IMF…

The East African region has enjoyed a more resilient economic growth as compared to other parts of the continent over the past few decades, revealed a report released by the African Union and…

Oman recorded a robust 27.2% growth in total export revenue in the first quarter of 2018 compared with the same period last year, according to the National Center for Statistics and Information…

Yields on Egyptian debt have reached one-year highs in recent weeks on the back of an estimated $4-5 billion exit from the country’s debt market, bankers and economists told Reuters, part of a…

Amid narrowing credit sources and rising lending interest rates, Vietnam property developers have been diversifying their capital mobilization channels, including calling for foreign investment…

Members of the World Trade Organization highlighted the importance of China's contribution to global growth in recent years as the institution concluded its Seventh Trade Policy Review of China…

Coinbase Inc., the US cryptocurrency exchange that lets users buy and sell four different digital coins, may let customers trade a wider variety of virtual tokens.

The firm is looking…

While automation will eliminate very few occupations entirely in the coming decades, it is likely to have an impact on portions of almost all jobs to some degree—depending on the type of work…