World economy
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World
The U.S. Fed’s smaller rate hike brings dollar strength closer to its end
The DXY has fallen more than 10% in the past three months, Refinitiv data showed — and is a few…
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World
Sticky inflation means the European Central Bank could be far from a policy pivot
The ECB is dealing with both record-high inflation and a slowing economy. Bloomberg | Bloomberg | Getty Images The European…
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World
South Korea posts the worst trade deficit in its history
05 November 2022, South Korea, Pusan: Containers are loaded from the container freighter “Alula Express” at Busan Newport International Terminal,…
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World
IMF downgrades UK growth forecast, predicting only economic decline among G-7 countries
A man exercises in a park overlooking the city center of Birmingham, U.K., on Thursday, Jan. 28, 2021. Bloomberg |…
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Top U.S., Chinese and Russian officials tour Africa as global charm offensive gathers pace
Janet Yellen, US Treasury secretary, during a news conference with Enoch Godongwana, South Africa’s finance minister, at the National Treasury…
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China’s January factory activity returns to growth as economists cheer its reopening
A textile factory on December 30, 2022 in Jiangxi Province. Chinese manufacturing activity contracted at its sharpest pace in nearly…
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World
Asia’s chipmakers fall as Samsung sees worst quarterly profit in 8 years
Attendees wait in line beneath a large LED display of smart connected home products to enter the Samsung Electronics booth,…
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World
IMF hikes global growth forecast as inflation cools and household spending surprises
The IMF has revised its global economic outlook upwards. Norberto Duarte | Afp | Getty Images The International Monetary Fund…
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Debt restructuring framework must improve to help distressed countries, Pakistan’s ex-central banker says
Global bodies like the IMF need to step up and improve the framework for sovereign debt financing so that emerging…
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World
India is a true bright spot in the midst of a global downturn, top execs and policymakers say
With 2023’s World Economic Forum in Davos dominated by discussions of economic growth, or a lack of in most developed…
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