World Economy

With an unexpectedly stellar year for stock markets behind, it’s hard not to entertain an underlying fear: When will the crash come?

Not in the next 12 months, according Wall Street’s…

Italy’s leading economic indicator improved in December but at a slower rate than in the previous two months, suggesting the current growth rate will be sustained, statistics office ISTAT said…

Growth in lending to eurozone businesses and households picked up in November, official data showed Friday, in an encouraging sign for European Central Bank chiefs as they begin withdrawing…

The (Persian) Gulf Arab energy companies issued record debt this year as producers opted to exploit lower borrowing costs to fund expansion plans.

Goldman Sachs expects to take a $5 billion hit to profits for the fourth quarter and year because of the US tax overhaul signed into law last week, CNBC reported. The New York bank said Friday…

Officials in the Philippines, one of Asia’s fastest growing economies, are planning a series of economic stimulus measures in 2018 to ease poverty and compensate for a lag in foreign investment…

International Airlines Group, which operates British Airways and Iberia, is the only remaining bidder for insolvent budget carrier Niki, German media have reported, with a contract likely to be…

Argentina eased its inflation targets for the next two years, allowing the central bank to pursue looser monetary policy in a bid to support a weak economic recovery. The peso plunged the most…

Almost two months into it, Saudi Arabia's so-called crackdown on corruption is yielding at least some of the $100 billion the kingdom is targeting. Dozens of former officials and businessmen…

A consortium led by SoftBank Group will buy a large number of shares of Uber Technologies in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new…

When researchers asked consumers in December about their outlook for the Finnish economy over the next 12 months, some 51% said that they believed that the situation would improve. According to…

Seven years ago, the US led an effort to address a problem facing governments everywhere. Each year, people manage to avoid paying an estimated $2.5 trillion in income tax—a giant sum that could…

Hong Kong’s private home prices broke historic records for the 13th straight month in November, with the ascent showing no immediate signs of ending and analysts expecting the rise to continue…

Sudan is aiming to raise its production of gold to 110 tons in 2018 to become the ninth biggest producer in the world and the second biggest in Africa. China is the world’s largest producer of…

It was a great year to hold the bitcoin, but a bad time to have been invested in the Uzbek soum.

Chinese industrial firms continued to ramp up production in the fourth quarter, a private survey on Wednesday showed, but growth in wages and hiring slowed in a further sign of cooling momentum…

Britons’ purchasing power, which took a hit this year against the backdrop of Brexit, looks set to stagnate in 2018, according to a new study released on Wednesday, AFP reported. Following what…

The Bank of Spain estimates growth of 0.8% in Spain in the last quarter of 2017, matching the result of third 3rd quarter and just one point less than in quarter two.

The Russian central bank will continue its rate-cutting cycle next year, propping up consumer demand and the broader economy, a Reuters poll showed on Wednesday. After two years of recession,…

The Indian banking sector has been classified under ‘Group 5’ along with countries such as Italy, Spain, Ireland, the UAE and South Africa by rating agency Standard & Poor’s on the basis of…

More than half of Germany’s industry associations have shrugged off worries about US protectionist policies and Brexit, and are more positive about their situation than they were a year ago, a…

A new survey shows that Ireland’s consumer confidence index eased in December, while business sentiment was mixed across the various industries.

Bank of Ireland’s Economic Pulse, which…

The South Korean government expects to reach per capita income of $30,000 next year by boosting employment figures, fair distribution and welfare policies.

On Wednesday, Seoul revealed a…

Most Asian currencies edged higher against the US dollar on Wednesday, with the Philippines leading the gains after posting a narrower budget deficit in November—the latest addition to a run of…

The global economy found its post-crisis footing in 2017, with most major developing economies surprising on the upside.