Global recession is in the offing? Published 23 Apr, 2025 06:29am Donald Trump’s stop-start tariff rollout has “significantly” increased global financial stability risks, the...
IMF expects no global recession Published 18 Apr, 2025 05:52am WASHINGTON: Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions ...
IMF expects ‘notable markdowns’ in growth forecasts, but no global recession Published 17 Apr, 2025 07:29pm WASHINGTON: Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions...
Trump trade war has put US ‘close to a recession’: Dalio Published 14 Apr, 2025 05:20am NEW YORK: Ray Dalio, billionaire founder of one of the world’s largest hedge funds, said on Sunday that President...
Turmoil rings recession alarm Published 12 Apr, 2025 05:40am BEIJING/WASHINGTON/LONDON: Beijing increased its tariffs on US imports to 125% on Friday, hitting back against US...
Oil’s crude awakening Published 09 Apr, 2025 08:50am The recent ‘Liberation Day’ proclamation from Washington may have sounded like a campaign rallying cry, but in...
European shares confirm correction in worst day since 2020 Published 05 Apr, 2025 05:23am FRANKFURT: European shares slumped on Friday, with the benchmark STOXX 600 and Germany’s DAX confirming correction...
Wall Street ends with heavy losses as Trump tariffs ignite global recession fears Published 04 Apr, 2025 04:11am Wall Street benchmarks slumped on Thursday, ending with the largest single-day percentage losses in years, as U.S....
Brace! Risks stack up for the global economy in 2025 Published 23 Dec, 2024 11:34am No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new...
Startup ecosystem 2023 Published 03 Jan, 2024 09:01am The year 2021 was a defining moment for tech firms, with significant global expansion. The trend continued through...
Bond vigilantes and inversion anxiety Updated 05 Oct, 2023 06:45am One of Wall Street’s enduring lessons, “inverted yield curves don’t always predict recessions, but all...
Oil rebound more likely this year, $100 a barrel possible, OPEC sources say Published 10 Feb, 2023 10:20pm LONDON: Oil may resume its rally in 2023 as Chinese demand recovers after COVID curbs were scrapped and lack of...
Gulf stocks gain despite weak Oil, U.S. consumer data Published 19 Jan, 2023 09:47pm Most major Gulf equities recovered early losses to close slightly higher on Thursday as investors in the region...
Davos 2023: Global recession in 2023 seen as likely in WEF survey Published 16 Jan, 2023 05:31pm DAVOS: Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a...
Oil rises after US fuel stocks draw down Published 06 Jan, 2023 06:37am NEW YORK: Oil prices rose nearly 2% on Thursday after posting the biggest two-day loss for the start of a year in...
Copper set for first yearly fall since 2018 on slowdown woes Published 03 Jan, 2023 03:25am BENGALURU: Copper edged up on Friday, but was heading for its first yearly decline since 2018 as an overall stronger...
Copper slips on poor demand prospects Published 30 Dec, 2022 05:50am LONDON: Copper prices slipped on Thursday as surging COVID infections in top consumer China and worries about a...
Half of world’s democracies in decline: watchdog Published 01 Dec, 2022 07:14am STOCKHOLM: Half of the world’s democracies are in a state of decline amid worsening civil liberties and rule of ...
Oil rises as OPEC+ focus on supply cuts outweighs recession concerns Updated 23 Nov, 2022 09:30am LONDON: Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take...
VLSFO premium extends climb Published 23 Nov, 2022 05:55am SINGAPORE: Asia’s spot cash premium for 0.5% very low sulphur fuel oil (VLSFO) rose for a third straight session ...
Cotton: market mayhem Published 07 Nov, 2022 08:56am Volatility refuses to die in the cotton market. After closing October at 2-year low price of 72cents per lb, world...
Oil settles up as further interest rate hikes loom Published 06 Nov, 2022 03:44am LODON/MELBOURNE/SINGAPORE: Oil prices settled up by more than 5% on Friday amid uncertainty around future interest...
Delay in sales tax refunds adversely affecting export cycle, says PTEA Published 21 Oct, 2022 05:57am FAISALABAD: Undue delay in payment of exporters’ sales tax refunds against approved Refund Payment Orders (RPOs) ...
‘Dangerous new normal’ Published 16 Oct, 2022 03:53am EDITORIAL: IMF (International Monetary Fund) chief Kristalina Georgieva’s warning about a “dangerous new...
Oil falls on fears of global recession, China Covid flare-up Published 12 Oct, 2022 05:46am LONDON: Oil prices fell about 2% on Tuesday, extending the previous session’s almost 2% decline, as recession ...
IMF warns inflation fight, geopolitical events driving up financial stability risks Published 11 Oct, 2022 07:29pm WASHINGTON: The International Monetary Fund warned Tuesday that global financial stability risks have increased,...
World Bank, IMF see rising risks of global recession Updated 11 Oct, 2022 10:00am WASHINGTON: World Bank President David Malpass and International Monetary Fund Managing Director Kristalina ...
JPMorgan CEO Dimon warns of recession in 6 to 9 months Updated 10 Oct, 2022 10:43pm JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday the United States and the global economy could ...
World Bank's Malpass, IMF's Georgieva see rising risks of global recession Updated 10 Oct, 2022 09:09pm WASHINGTON: World Bank President David Malpass and International Monetary Fund Managing Director Kristalina ...
Revamp of World Bank, lenders needed to tackle global problems: Yellen Published 07 Oct, 2022 05:59am WASHINGTON: The World Bank and development lenders need to evolve to tackle the complex challenges that the world is...