Economy

German manufacturing industry continued a hiring spree in April, figures by the Federal Statistical Office showed on Friday. According to a Wiesbaden-based government agency, 5.6 million people were employed by German manufacturing firms with a headcount...

U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as...

Qatar has weathered the economic impacts of a stifling Saudi-led blockade, maintaining healthy growth, but some sectors continue to pay the price a year after the crisis erupted. On June 5, 2017, Saudi Arabia, the United...

Global oil prices fell on Friday after top producer Saudi Arabia signaled a likely boost in supply as soon as the third quarter, and world stock markets were mixed over the sudden US move to cancel...

Argentina’s central bank has raised interest rates for the third time in eight days as the country’s currency, the peso, continues to fall sharply. On Friday, the bank hiked rates to 40% from 33.25%, a day...

Hasina Begum wakes up at 5 am to finish the decoration on textile and garment products. She needs to hand them over to the contractor by 11 am – they’re part of an important order for...

The Bank of Japan’s massive monetary easing programme is a cornerstone of Prime Minister Shinzo Abe’s “Abenomics” campaign to kickstart the economy after years of torpid growth. Japan’s central bank on Friday said it was keeping...

The study predicts a dramatic acceleration in the pace of digital transformation across Asia’s economies. In 2017, about 6% of the region’s GDP was derived from digital products and services created directly through the use of...

It was the first time employment has contracted in the fast-growing industry since the non-profit research firm The Solar Foundation began tracking solar jobs in 2010. The U.S. solar industry lost nearly 10,000 jobs last year,...

US payrolls expanded by 200,000 last month, driven by hiring in construction, food services, and healthcare, the US Labor Department said. The US labor market barrelled forward in January, as employers added more jobs than expected and...