ECONOMY & MARKETS

Southeast Asia's third-largest economy is projected to grow at a rate of 5.1 percent for the next two years, pending necessary economic reforms.

About 300 workers walked out after negotiations with tower officials failed, leaving thousands of tourists on the ground.

The full U.S. Senate confirmed Obama's choice as Commerce secretary.

Ecuador's asylum talks with Snowden come just weeks ahead of the U.S. Congress' vote to renew a unique trade deal to benefit Ecuador.

The country's powerful military, and Chinese firms, may stand to lose the most from the planned renegotiations.

What's more, the Conference Board says the pace of growth is unlikely to slow in the short term and might even pick up.

May 2013 new home sales rose to 476,000, their highest level in nearly five years.

The April data, which rose 12.1% from a year earlier, reflects a genuine U.S. housing recovery, according to a leading home builder.

Two Indian, state-run oil companies have jointly agreed to buy another Indian company's stake in Mozambique's Rovuma gas field.

The stock markets in these emerging economies have a total of three companies listed, together.

Dilma Rousseff's proposal on Monday for a referendum to amend the constitution was met with skepticism.

Asian markets fell again on Tuesday, led by a record fall in the Shanghai stock index, as concerns grew over liquidity in China’s banking sector.

Tourism spending has largely stayed higher than GDP growth since about mid-2010.

The global sell-off continued Monday, after China's central bank announced efforts to systematically slow down its growth rate.

Check out the latest map. What's more, the U.S. ranks below most European countries and Canada.

One of the least-connected countries in the world hopes to finally bring technological modernity to its citizens.

Expert analysts say this Ifo reading could lead to annual GDP growth of a solid 2 percent or so.

A survey of 1,000 people suggests more than one in four Americans have no savings at all.

Citi is already present in other Middle Eastern countries, like Qatar, Kuwait and Egypt, but would be the first American bank in Iraq.

Gold prices are expected to drop lower this week as a sell-off in gold ETFs continues and after Goldman Sachs lowered forecasts for 2013 and 2014.

An American executive has been detained at his factory near Beijing for the past four days by workers demanding severance packages.

This week’s U.S. data releases are likely to highlight the current contrast between trends in the industrial and household sectors.

Fears about the US Fed's bond-buying program weaken Indian markets and currency, prompting an exodus of overseas investors in June.

The BIS said the global economic crisis had peaked, and governments should take over from central banks the task of rejuvenating their economies.

The cost of living in Manhattan is 2.74 times that of the least expensive city in the U.S., Harlingen, Texas.

German Chancellor Angela Merkel met with Russian President Vladimir Putin to express the EU's interest in closer trade relations.

With Japan, South Korea and Western companies' investments, Myanmar's economic boom cannot be too far off.

Japan Inc.’s aggressive foray abroad has been stagnating investment at home.

Russia will invest half of its welfare reserves in a bid to boost the flagging economy.