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World Bank sees less global growth, more stability The World Bank on Wednesday lowered its growth estimate for the global economy in 2013, but said that expansion appeared better balanced than just before the 2008 financial crisis.

13 June 2013

World Cup visitors: beware of Brazil's sky-high prices Tourists planning to flock to Brazil for the World Cup a year from now should brace for some of the world's highest housing, restaurant and transport prices.

12 June 2013

Hungary economic 'fairy tale' comes true, or so it seems When Hungary's economy minister predicted a year ago an economic "fairy tale" for Hungary in 2013, few believed him. But recent data from the central European country show he might have been right.

12 June 2013

US 'disappointed' by Sudan order to shut pipline The United States said Monday an order by Sudanese President Omar al-Bashir to shut down an oil pipeline carrying South Sudanese crude was "deeply disappointing".

12 June 2013

Kazakhstan GDP grows 5 percent in January-May 2013 GDP growth made 5 percent in January-May 2013, which is 0.2 percent higher than in January-April this year: Minister.

11 June 2013

Candidates blame mismanagement for Iran economy crisis Mahmoud Ahmadinejad's "mismanagement" is largely responsible for Iran's severe economic crisis, most candidates for this week's presidential election have argued.

11 June 2013

Tod's shoes turns from Italy to beat crisis Custom-made shoe moulds hanging in a sun-filled workshop are the secret behind the success of luxury Italian shoemaker Tod's, which is flourishing despite a recession-hit economy.

11 June 2013

Sudan freezes oil and security deals with South Sudan on Sunday put on hold nine security and economic pacts with South Sudan, including on vital oil shipments, but said Khartoum remained committed to good relations if Juba ended support for rebels.

11 June 2013

China May trade data highlights growth concerns China on Saturday reported a sharp slowdown in exports in May compared to the previous month while imports unexpectedly dropped.

09 June 2013

Obama, Xi urge new relationship in first summit Throwing formality aside at a desert retreat, Presidents Barack Obama and Xi Jinping called Friday for a new approach to forge relations between the US superpower and a rising China.

08 June 2013

Turkey tourism takes a hit but visitors shrug off unrest Hotel reservations may be down after a week of violent mass protests in Turkey, but plucky tourists on the ground have taken the unrest in their stride.

07 June 2013

IMF admits 'notable failures' in 2010 Greece rescue The International Monetary Fund on Wednesday admitted to significant failures in the first Greek rescue that forced a second, larger bailout and left the country in a deep recession.

06 June 2013

China's Xi sees new 'golden era' in Latin America President Xi Jinping on Wednesday heralded the dawn of a new "golden era" for Latin America during a visit to Mexico and urged the region to hitch its economic development to China's solid growth.

06 June 2013

US moves help Iranians get on line but hit economy The US is making it easier for information-hungry Iranians to get on the Internet and use social media, but has also slapped new sanctions on the economy that could make their lives more painful.

06 June 2013

Global economy may be in 'softer patch': Lagarde The head of the International Monetary Fund, Christine Lagarde, warned Tuesday the global economy may be slowing more than thought just over a month ago.

05 June 2013

Portugal 'should leave euro': best-selling economist A Portuguese economist, whose book "Why We Should Leave the Euro" has become a rapid best-seller, says it is only a matter of time until his crisis-wracked country leaves the troubled currency.

04 June 2013

World newspapers mull paywalls for survival Global newspaper chiefs have some rare good news to share after years of slumping print sales and advertising revenues -- readers appear increasingly willing to pay for online news.

03 June 2013

Kazakhstan ready to double trade and economic turnover with Latvia Kazakhstan's trade turnover with Latvia is the highest among the Baltic states, around $350 million: Kazakhstan PM Serik Akhmetov.

03 June 2013

US Treasury implements measure to avoid new debt The US Treasury Friday stopped re-investing in a retirement fund, a major step in its efforts to avoid exceeding the debt ceiling.

02 June 2013

China's Xi in Trinidad to boost Caribbean trade Chinese President Xi Jinping arrived in oil-rich Trinidad and Tobago late Friday for the first leg of a Latin America and Caribbean tour aiming to strengthen Beijing's trade ties in the region.

02 June 2013

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