The Latest Breaking News from Economy

South Africa’s economy is strained, unemployment and crime are extremely high, policing is ineffective and the public service is dysfunctional. Francois Venter was involved in drafting the country’s transitional 1993 and final 1996 constitutions. Since then, he has researched comparative constitutional law and theory. He believes the outcome of the…

The International Monetary Fund’s July report warns ‘the global economy is in a sticky spot’ with the UK lagging behind most other major economies

Cartier-owner Richemont said Tuesday its quarterly sales in China tumbled by 27 percent as the deepening economic malaise in the world's second-largest economy lashes luxury firms.

Braving loneliness, tough auditions and an unfamiliarly hot and humid climate, aspiring actor Guo Ting is determined to make it in China's answer to Hollywood.

Shopping online, skipping meals out and a general sense that decades of double-digit growth are very much a thing of the past -- Beijingers told AFP Monday they were feeling the pinch as the economy slowed.

The U.S.’s pivotal role in the global economy means that any negative effects from political violence would “spill over to the rest of the world.”

Information and communication technologies (ICTs) hold great potential to expand African economies. They include mobile banking platforms, internet-enabled communication devices and e-government services. All of these can enhance financial inclusion and improve services for citizens.

Plus: RNC kicks off, China's economy looks rough, and more...

Galveston, Texas, is recovering from Hurricane Beryl with community resilience and support after significant damage to its tourism-based economy.