World Economy

Inflation in Germany, Europe’s biggest economy, crept higher in March, final data showed Wednesday. The national consumer price index (CPI) rose by 0.3% year-on-year in March, up from 0.1% in…

The search for reasonably priced equity and decent fixed income yields is taking investors towards alternatives, Investment Europe reported. Investors gated by hedge funds during…

Saudi government is set to expropriate more than 749 properties around the country at a cost of SR466.4 million ($124 million) for future infrastructure projects, said a report.

Japan must be mindful of the risks of its massive monetary stimulus and speed up much-needed structural reforms to revive the economy, the OECD said on Wednesday, warning of delays in their…

Pointing to the strong dollar, the International Monetary Fund downgraded its forecast for the US economy, while outlook for Europe and Japan is strong in the fund's quarterly report.

Gold steadied above a two-week low on Wednesday after US retail sales in March missed market expectations, but a firmer dollar hindered any attempt by investors to push bullion higher.

Spot…

The European Union is expected to set out later the action it will take against Google over alleged anti-competitive behavior, BBC reported. Its competition commissioner is likely to outline her…

Russia is ready to move toward a common economic space with the European Union, Russian Deputy Foreign Minister Gennady Gatilov said Tuesday in Geneva at the opening of the 66th session of the…

The Australian government has reneged on a promise to cut company tax for big businesses.

However, Prime Minister Tony Abbott said promised tax cuts for small firms would go ahead in the 12…

Hong Kong stocks held firm on Wednesday despite China's weak economic growth data, amid signs that Chinese mutual fund managers were raising billions of dollars as they sought bargains in the city…

Statements on allegedly unleashing trade war between Russia and Kazakhstan are incorrect, Dmitry Peskov, spokesman of Russia’s President Vladimir Putin said, Tass reported. He was commenting on a…

The Monetary Authority of Singapore (MAS) has decided to keep its currency policy unchanged on Tuesday, citing a slightly improved global economic outlook and expecting that the local economy will…

Tencent Holdings Ltd. slumped for the first time in 10 days after billionaire Chairman Ma Huateng cut his stake in the operator of Asia’s most-popular message services. The stock fell 4.4% to HK$…

Several Islamic insurers in the United Arab Emirates are seeking guidance from the UAE Insurance Authority on the possibility of mergers and acquisitions in the sector, Ebrahim Al Zaabi, director-…

Britain has narrowly avoided a drop in consumer prices as the cost of filling up a car rose in March — a development that’s likely to ease concerns of a deflationary spiral that can hurt the…

Global commerce is expected to grow just 3.3 percent this year, the World Trade Organization said Tuesday, slashing its previous forecast of 4.0 percent over weak global economic growth and rising…

Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its eurozone partners when it most…

China Railway Construction Corporation (CRCC), the second largest state-owned construction enterprise, said one of its subsidiaries, has been awarded $600m contract to upgrade the Egyptian…

Despite the low ratings bond agencies have given it, Russia is a prime country for investors, a senior specialist at HSBC’s investment banking department said.

Russia and Brazil are the…

Asia’s benchmark stock gauge climbed, trading at an almost seven-year high, as industrial and healthcare shares led the advance.

Palestine intends to cancel an agreement made with Israel in 1994 that hinders improving the trade turnover with Russia, Palestinian Authority leader Mahmoud Abbas told Sputnik…

As the Indonesian economy goes through a phase of rapid transformation and development, businesses in Malaysia are well positioned to benefit from its larger neighbor’s growth.

Those lucky enough to receive a company bonus may get excited at the prospect of a bumper pay packet during the ‘bonus season’ in March and April, but the reality is that the majority of people in…

A European Commission quarterly report shows that the economic situation in the EU has started gradually improving nearly two years ago, and most member states have recently registered…

Trade groups from the US, Europe and Japan urged China to suspend guidelines that limit banks from using foreign technology, saying the policies discriminate against outsiders and limit…