Public debt distress Updated 05 Apr, 2023 06:43am The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the...
Dollar pares gains on falling US labour costs Published 01 Feb, 2023 07:24am NEW YORK: The dollar gave up gains made earlier on Tuesday after data showed US labour costs increased less than...
Global 2023 earnings growth: Recession, rate hikes seen jamming brakes Published 21 Dec, 2022 06:05am NEW YORK/LONDON: Corporate earnings growth is expected to slow in the year ahead in many countries as higher...
ECB, BoE raise interest rates Published 16 Dec, 2022 05:58am LONDON: The European Central Bank and Bank of England raised its key interest rates on Thursday and indicated that...
Global central banks increase pace of rate hike in November Updated 05 Dec, 2022 06:45am LONDON: The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy...
Non-austerity policy needed for resilient, inclusive, sustainable growth Published 02 Dec, 2022 05:47am The world is fast entering deep recesses of environmental, public health, and economic crises. Virtually, over the...
Europe risks ‘deeper recessions’ on war and inflation: IMF Updated 24 Oct, 2022 09:58am WASHINGTON: Downturns in parts of Europe could turn into “deeper recessions” across the continent as energy...
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...
Copper and aluminium fall on rate hike expectations Published 15 Sep, 2022 07:14am LONDON: Copper and aluminium prices fell on Wednesday as the threat of rising interest rates weakened the outlook ...
Escaping the jaws of stagflation Published 31 Aug, 2022 06:27am Amid elevated levels of inflation, the war in Ukraine, and rising interest rates, global economic growth is expected...
ECB surprises with aggressive rate hike, first since 2011 Published 22 Jul, 2022 06:07am FRANKFURT: The European Central Bank raised interest rates by more than expected on Thursday as concerns about...