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The Financial Express

IMF lifts global growth forecast for 2021, still sees ‘exceptional uncertainty’

The International Monetary Fund (IMF) on Tuesday raised its forecast...

Saudi sovereign fund to double assets to $1.07tn in five years: Crown Prince

Saudi Arabia’s Public Investment Fund plans to double its assets...

Biden's Treasury nominee Yellen for big spending now, paying down debt later

Janet Yellen, US President-elect Joe Biden’s nominee for Treasury Secretary,...

China economy ends pandemic-hit 2020 with growth beating forecasts

China's economy picked up speed in the fourth quarter, with...

Italy's public debt may surge to post-war record high at 158.5pc of GDP

Italy forecasts its debt to soar to a new post-war...

ADB, EIB form partnership to protect oceans, support blue economy

The Asian Development Bank (ADB) and the European Investment Bank...

China's battle against fresh COVID outbreak clouds economic recovery

New cases in China are at 10-month highs, prompting the...

Turkey’s costly food starves the economic rebound

Food has become so expensive in Turkey that some people...

Biden’s Covid-19 package offers bridge for hard-hit economy

US President-elect Joe Biden’s proposal to pour $1.9 trillion into...

Japan's households, firms keep piling up cash at record pace

Japan’s currency in circulation and bank deposits rose at a...

Some developing nations paying high interest rate on bilateral debt: WB's Malpass

World Bank President David Malpass urged private sector creditors to...

UN launches fund for women enterprises to support innovative solutions

The United Nations Economic and Social Commission for Asia and...

New Zealand central bank's data system breached

The Reserve Bank of New Zealand said on Sunday that...

Layoffs hit record in 2020 US

The number of Americans filing first-time claims for jobless benefits...

India's fiscal deficit likely to be over 7.0pc in FY21

India’s fiscal deficit for year ending in March is likely...

US, Japan set for recovery in second half of 2021, IMF chief economist says

Economic stimulus approved in the United States and Japan at...

Fending off coronavirus, Vietnam revs up economy

Vietnam’s success in curbing the coronavirus so far, while its...

Around 4,000 financial firms in Britain 'at risk of collapsing'

Around 4,000 financial firms in Britain were at “heightened risk”...

More countries may be in 'deep debt distress' this year: WB

Chad and several other countries are already in deep debt...

Asian factories emerging from initial damage of Covid, tougher controls cloud outlook

Asian factory activity expanded moderately in December thanks to robust...

US economic recovery widens inequality

After plunging into the worst recession in decades amid coronavirus...

African free trade bloc opens for business, but challenges remain

African countries began officially trading under a new continent-wide free...