The new prime minister’s resolve to tackle runaway government salaries faces an early test.
World economic growth is increasingly driven by Brazil, Russia, China and India.
The Arab Spring continues in Algeria.
Nations compete for foreign direct investment.
Smartphone-only bank makes a splash in the US.
OPEC is trying to bolster oil prices but Gulf economies will take a hit from a production cut.
IBM makes a bold move.
Blockchain technology is going mainstream.
Microlending boom goes bust.
China may soon have to tap foreign investors to help fund its ambitious Belt and Road Initiative. Can it ease their skepticism about the project?
Malaysian election may mean near-term volatility in economic policy and performance.
As Asia ditches cash for digital wallets, more citizens are able to join the financial economy—and they are delighted.
Egypt's new sovereign wealth fund is not all it's cracked up to be.
Southeast Asian nations are benefiting from the return of global growth, with more room to grow capacity and exports—even as wages trend upward.
While enjoying robust growth and launching big infrastructure plans, The Philippines face potential inflation and growing trade deficits.
Yi Gang's appointment as governor of the People’s Bank of China a sign of policy continuity.
Beijing's top central banker is retiring. With no successor named yet, the rumor mill starts churning.
The newly anointed heir to the Saudi throne, Crown Prince Mohammed bin Salman is planning a mega tourism project that could possibly contribute 15 billion riyal ($4 billion) to the kingdom’s GDP and create up to 35,000 jobs.
New approaches to labor management can help GCC economies wean themselves away from their energy dependence.
New regulatory demands are changing banking relationships and, combined with rapid technological change, squeezing transaction banks in the Middle East and North Africa.
The appointment of Nestor Espenilla Jr. as governor of Bangko Sentral ng Pilipinas (BSP) is one of President Rodrigo Duterte’s less controversial decisions and may ease investor concerns over the stability of one of Southeast Asia’s fastest growing economies.
The world’s largest sovereign wealth fund increasingly engages in activism over the governance of companies it invests in.
The Middle East is fertile ground for public-private partnerships, especially for infrastructure investment, but legal and economic conditions remain an obstacle, and governments are skeptical about PPP benefits for long-term projects.
A dollar of infrastructure investment can raise GDP by 20 cents by boosting productivity, according to the McKinsey Global Institute.
Wins by Indian Prime Minster Narendra Modi’s ruling party in the month of March indicates strong support for his challenging reform plans
Last year the Gulf emirate of Dubai seized 1.6 billion dirham ($437 million) in counterfeit goods—a signal that the trading center has shed its reputation as a hub for illicit merchandise.
IBM has announced a blockchain initiative in the UAE for a trade finance and logistics project with Dubai Customs and Dubai Trade.
Which countries lead the global knowledge economy? At least one academic suggests that current assessments of a country’s knowledge base are too narrow and reliant on averages. In research to be presented in April at INSEAD, Kai Chan argues that a nation's brightest talent—not its average capabilities—determine its knowledge capacity.
Some saw November’s decision by OPEC to cut crude oil production as a turning point in the cartel’s credibility, but many question the durability of the deal.