World Economy

Women in Germany still earn far less on average than men, official data have shown. Structural labor market reforms appear to have been too timid to result in a narrower gender pay gap in Europe’s…

South Africa’s current account deficit widened more than economists estimated, reaching 5.1% of gross domestic product in the fourth quarter as exports declined despite a weaker rand and dividend…

China’s export numbers fell sharply in February. Falling global demand combined with a business shutdown during the New Year holidays depressed sales.

China’s exports plunged 25.4% to $126.…

Iron ore soared the most ever after Chinese policymakers signaled their willingness to buttress economic growth, boosting the outlook for steel consumption in the top user and igniting speculation…

China’s foreign exchange reserves, the world’s largest, fell by $28.57 billion in February to $3.20 trillion, the lowest since December 2011, central bank data showed on Monday.

The decline…

Global equity markets retreated Monday as investors took stock following a three-week rally.

Futures pointed to a 0.4% opening loss for the S&P 500. Changes in futures don’t necessarily…

London copper fell on Monday from four-month highs hit on Friday as traders took profits following last week’s rally on concerns that prices had overshot fundamental demand, Reuters reported. A…

Colombia’s February consumer price index rose 1.28% month on month, below market expectations, FXStreet reported. The increase took the annual inflation rate to 7.6%, slightly above the previous…

With Greece’s creditors expected to arrive in Athens this week to assess its progress on economic reforms, another looming crisis could seriously harm Greece long-term, NewsNow reported. The Greek…

The volume of industrial production in Hungary decreased by 0.1% month on month in January, according to figures adjusted seasonally and for working days, the Central Statistical Office, or KSH,…

Finland has been in recession for just about all of the last four years. Austerity is an utterly self-defeating policy for an economy which has a damaged supply side due to exogenous shocks. In…

The rally in iron ore prices will not last in the absence of a significant improvement in steel demand from top consumer China, Goldman Sachs said, as the investment bank stuck to its bearish take…

A fight for control of London Stock Exchange Group Plc could get bare-knuckled as potential buyers jockey for dominance in an industry that’s quickly consolidating.

Taiwan’s exports fell 11.8% year-on-year to $17.78 billion in February, declining for the 13th straight month amid weak global demand, according to statistics released Monday by the Ministry of…

German industrial orders fell less than expected in January with a spike in orders from eurozone countries cushioning a drop in demand from domestic customers, data showed on Monday.

A delay in Japan’s planned increase to its sales tax could have negative implications for the country’s sovereign debt rating, an official at Fitch Ratings said on Monday.

There have been…

European banks may soon find a new way to earn money from markets that were set up to bypass them.

Booming peer-to-peer lending platforms, such as Funding Circle and Zopa, are…

Equity investors who have shunned Russia as tumbling oil prices and international sanctions drove wild price swings may have a good reason to take a fresh look at the cheapest stocks in developing…

Greek Prime Minister Alexis Tsipras on Sunday said the IMF was employing “stalling tactics” and “arbitrary” estimates to hold up a reforms review crucial to the country’s economic recovery.

Negative interest-rate policies currently in use by central banks around the world have worked through their respective systems in much the same way as positive rates, though it’s not known how…

Australia is being “buffeted” by divergent trends that may present challenges to the economy this year, a leading bank economist says.

Poland’s zloty may weaken further against the euro and the dollar, and a weak zloty is good for exports and the economy, the newly-appointed member of the central bank’s rate-setting panel Jerzy…

Global minerals exporter Peru posted a $477 million trade deficit in January, marking a 14% widening of the trade shortfall against the same month a year earlier, central bank data showed on…

Egypt is providing Indian companies “duty-free access” to the markets in the European Union, North America and other African and Arab markets. Around 52 Indian companies are working in Egypt…

French Prime Minister Manuel Valls said Sunday he would push ahead with a controversial labor reform bill, but promised “improvements” to the proposed text after meetings with union and business…