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ADB retains top position in aid transparency index

The Asian Development Bank (ADB) retained its first place ranking...

Global economy could shrink 4.9pc this year: IMF

The International Monetary Fund has projected that global economy could...

Putin proposes differentiated income tax rate

Russian President Vladimir Putin has proposed canceling the current flat...

Asia Pacific consumers shift rapidly to digital commerce and show no signs of turning back

  Consumers in Asia Pacific are rapidly going digital with...

US economy to grow more slowly than hoped: Fed official

The US economy is expected to grow more slowly than...

Tourism contributes 12.7pc to Philippine GDP in 2019

The contribution of the tourism industry to the Philippine economy...

Covid-19 poses most uncertain health and economic threat: ICCB

The world is facing a severe and acute public health...

IMF likely to deploy emergency financing for 70 countries

The International Monetary Fund (IMF) has said it is expected...

US unemployment rate to remain in double digits by end of year

The US unemployment rate will remain in double digits by...

UN chief calls for protection of jobs amid pandemic

United Nations (UN) Secretary-General Antonio Guterres has called for the...

ADB projects 0.1pc GDP growth for Asia in 2020

Developing Asia will barely grow in 2020 as containment measures...

British inflation hits four-year low

British inflation fell to its lowest since June 2016 last...

Global FDI to contract by 40pc this year: UNCTAD

Global foreign direct investment (FDI) flows are forecast to decrease...

South Korea's foreign currency deposit keeps rising for three months

South Korea's foreign currency deposit kept rising for three straight...

India's wholesale inflation at -3.21 pc in May

India's wholesale price index (WPI) contracted by 3.21 per cent...

Indonesia's trade balance back to surplus in May

Indonesia's trade performance was back to a surplus in May...

Asian stocks, oil fall as second wave fears grow

Asian shares stumbled on Monday and oil prices slipped as...

India's forex reserves cross $500b for first time

India's foreign exchange (Forex) reserves have crossed the 500 billion...

UK economy shrinks 20pc to fall back to 2002 level

The British economy has seen nearly two decades worth of...

IMF's next growth outlook to trend lower

The International Monetary Fund expects its next economic forecast to...

Pakistan targets ambitious growth, revenue despite coronavirus struggles

Pakistan on Friday announced its annual budget for financial year...

China's trust industry reports higher revenue growth in Q1

The revenue of China's trust industry maintained rapid growth while...

Japan's economy is bottoming out: Finance minister

Japan’s economy appears to have hit bottom and is eyeing...