Political uncertainty is slowing trade growth, a World Bank (WB) report concluded, indicating that the rise of Donald Trump may already be casting a shadow over the global economy.
WB: Policy uncertainty threatens trade growth
French presidential candidate Emmanuel Macron has said he would like UK banks and workers to relocate to his country, following discussions with Theresa May.
UK banks urged to come to France
Hong Kong's economy grew at a slower pace of 1.9 percent in 2016 despite a pick-up to 3.1 percent year-on-year in the final quarter, Financial Secretary Paul Chan Mo-po said in his maiden budget speech on Wednesday.
Hong Kong 2016 GDP tops forecast
Iran produced 1.52 million tons of crude steel in January, showing a growth of 11.3 percent compared to the figure for the same month of 2015, which was 1.36 million tons.
WSA: Iran's January steel production rises over 11%
European Union's trade with Iran amounted to €13.7 billion in 2016, a 78-percent rise compared to the amount for 2015, according to the latest figures released by the European Union's statistics agency Eurostat.
Trade with EU up 78% in 2016: Eurostat
Trade between Russia and Iran surged 70 percent year-on-year to $2.2 billion in 2016, said Russian Energy Minister Alexander Novak in a meeting with his Iranian counterpart Hamid Chitchian.
Iran-Russia trade surges 70% in 2016
Iran's oil minister said that the first of its new contracts would be finalized with French oil giant Total within two months.
Zanganeh: Iran will finalize Total contract within two months
The rapid growth of self-employment in the UK has been driven more by people in higher-paid than low-paid work, according to a new report.
UK self-employment driven by higher earners
China's central bank said on Tuesday that it will extend a preferential scheme for some banks that will free up additional funds for lending, as long as they channel money to weaker, cash-starved sectors of the economy.
China offers banks lure of lower reserves
By seemingly voting against trade deficits, immigration, low-quality jobs and ‘low-inflation’, western electorates may have unleashed a tectonic policy shift from globalism to national revivalism.
There is a silver lining for emerging markets

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