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Saudi Arabia's PIF launches $3b tourism, infrastructure venture

Saudi Arabia’s Public Investment Fund (PIF) launched a new venture that will invest $3 billion in developing tourism and infrastructure in the southwestern Asir region, the state news agency SPA reported on Wednesday. The kingdom, which opened its doors in...

EU to call on G20 not to withdraw Covid-19 stimulus too early

The European Union will call on financial leaders of the...

Myanmar anti-coup protests shut businesses

Businesses shut in Myanmar on Monday in a general strike...

World Bank, IMF to consider climate change in debt reduction talks

The World Bank is working with the International Monetary Fund...

Japan’s economy expands more than expected as exports, capex shake off pandemic hit

Japan’s economy expanded more than expected in the fourth quarter,...

US 'back at the table' to help global economic recovery

US President Joe Biden’s administration told allies on Friday it...

Record $58.1b pours into global equity funds: BofA

A record $58.1 billion poured into global equity funds over...

UK economy slumps by record 10pc in 2020

Britain's coronavirus-ravaged economy suffered its biggest crash in output in...

IMF's own currency likely to get G7 backing

Group of Seven finance ministers are likely to back a...

COVID, climate, tax feature at first post-Trump G7 talks

The new administration of US President Joe Biden joins international...

Pandemic job pain fell unevenly on minorities, the poor

Black workers, women and others in low-paying jobs were more...

Emerging market central bank rate cuts fade further

Emerging market central banks delivered just one interest rate cut...

China's garment industry sees lower revenues in 2020

China's garment industry registered lower profits and revenue in 2020,...

Nigerian woman set to become WTO’s first female leader

Nigeria’s Ngozi Okonjo-Iweala was poised to become the first African...

Investment decline in productive assets spells trouble for poorer nations

Although developing countries attracted a record share of global foreign...

India says restructuring export basket a must for growth similar to Bangladesh

India needs to restructure its export basket on lines of...

Vaccine passports: Towards normality or problem?

Governments and developers around the world are exploring the potential...

COVID-19 vaccination delay could cost EU economy 90b euros: Study

The European Union faces a potential 90 billion euro ($108.19...

Myanmar coup to dampen US trade, impact footwear companies

The coup in Myanmar is expected to dampen the interest...

US economy set for faster 2021 rebound

The US economy will grow 4.6 per cent in 2021...

US economy set for faster 2021 rebound

The US economy will grow 4.6 per cent in 2021...

Argentina seeks $44b IMF deal to repay debt

Argentina’s Economy Minister Martin Guzman is pushing for a deal...

Washington ready to engage on WTO reform

The United States is committed to “positive, constructive and active...

Sustainable fund assets hit record $1.7tn in 2020

Demand to invest in funds which focus on environmental, social...

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