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Wall Street flashes recession warning as trade war backfires on US economy

The Wall Street has sent warning signs of a possible...

German employment up 1.0pc in Q2

The number of people in employment in Germany grew year-on-year...

Zimbabwe to borrow $1.9b from G7 countries to repay its debt

Zimbabwe plans to borrow 1.9 billion US dollars from the...

China's Guangxi sees robust growth in foreign trade

South China's Guangxi Zhuang Autonomous Region saw its foreign trade...

China to lower real interest rates

China will take market-oriented reform measures to meaningfully reduce real...

Bank of Mexico to cut interest rate

Mexican President Andres Manuel Lopez Obrador on Friday endorsed a...

ECB shuts down its hacked website

The European Central Bank (ECB) shut down one of its...

Japan becomes largest foreign holder of US Treasuries

Japan overtook China to become the largest foreign holder of...

US labelling China as currency manipulator not true: Scholar

The US assertion that the recent depreciation of the Chinese...

EU slaps biodiesel duties on Indonesia

The European Commission on Tuesday imposed countervailing duties of 8.0...

US-China tariff dispute dampens Las Vegas trade show

"There is a lot of fear in the marketplace, people...

Oil prices fall on demand concerns, rising US output

Oil prices fell on Tuesday on lingering concerns over global...

Yen hits seven-month high against dollar

TOKYO (Reuters) - The yen traded close to a seven-month...

Singapore cuts 2019 GDP forecast as global risks expand

SINGAPORE (Reuters) - Singapore slashed its full-year economic growth forecast...

US-China trade war leading to recession: Goldman Sachs

Goldman Sachs Group Inc  said on Sunday that fears of...

Lanka tourism industry begins to recover

COLOMBO, Aug 12: Sri Lanka’s tourism industry, badly hurt by...

Tesla electric car catches fire after hitting a tow truck in Moscow

A Tesla electric car caught fire after crashing into a...

Wealthier China boon to US, says economist

A wealthier China is a boon to the United States,...

IMF reiterates China's exchange rate broadly in line with fundamentals

China's real effective exchange rate (REER) in 2018 is estimated...

IMF stands by China's exchange rate view

The International Monetary Fund (IMF) on Friday affirmed its view...

China's foreign trade up 4.2pc in first seven months

China's foreign trade of goods rose 4.2 per cent year...

China mild inflation provides leeway for economic restructuring

China's consumer prices stayed elevated in July, fueled by higher...

Japan’s economy grows 1.8pc in April-June

Japanese government data is showing Japan’s economy grew at a...