Nigeria's government this week launched a master plan to lift it out of recession, hoping to hit 7.0 percent growth by 2020, but economists believe the programme sets the bar too high. The detailed...
China's rubber-stamp legislature convenes this weekend with the script focused on containing worrisome economic risks while President Xi Jinping consolidates power ahead of a pivotal Communist Party...
Australia's economy gained momentum in the last quarter of 2016, allowing the resource-rich economy to extend its 25-year streak without recession. It brings the country close to breaking the...
Federal Reserve officials have said they may need to raise interest rates "fairly soon" if the economy stays strong, minutes of their meeting show. The first meeting of the Fed since Donald Trump...
The UK economy grew by 0.6% in the third quarter, according to official figures, faster than previous estimates. Growth for the July-to-September period had originally been estimated at 0.5%. New...
Exports increased by £2bn, lifted by machinery and transport orders, while imports decreased by £1.8bn, the Office for National Statistics (ONS) said. The ONS also made large revisions to trade...
Asian markets have already seen some wild swings since Mr Trump's election win. Calling China a currency manipulator. Ripping up trade alliances and deals. Slapping tariffs on Chinese goods....
World trade was already stalling before Donald Trump won the U. S. presidential election. Now, one of the main engines of global economic growth could go into reverse. Trump has promised to rip up...
Mexico is bracing for a Donald Trump presidency. Experts anticipate that Mexican officials will take immediate action on Wednesday to save their currency, the peso, from crashing if Trump wins -- a...
Government borrowing rose by more than expected, to £10.6bn in September, according to figures from the Office for National Statistics (ONS). The figure was £1.3bn higher than the same month last...
The Bank of Japan said Wednesday that it's introducing a new long-term interest rate target of around zero. The bank has already gone to extreme lengths in its attempts to stimulate the country's...
Abuja (AFP) - Nigeria's economy nosedived into a recession official data revealed Wednesday with oil production hammered by militant attacks on pipelines and foreign investment at a "record" low....
Abuja (AFP) - Nigeria's economy nosedived into a recession, official data showed Wednesday, with oil production hammered by militant attacks on pipelines and foreign investment at a "record" low....