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High inflation to haunt global economy this year: Reuters poll

Persistently high inflation will haunt the world economy this year,...

Pakistan passes law for central bank autonomy

Pakistan's upper house of parliament put the seal on Friday...

American banks look forward to 'bread-and-butter' growth

US banks will enjoy stronger growth this year from their...

China steps up monetary stimulus effort to underpin economy

China stepped up its monetary easing efforts to prop up...

Inflation breaks records, $100 oil also looming

Already less transitory than forecast, central bankers' inflation headache may...

Economies returning to normalcy with lower severity of omicron

Governments worldwide are easing quarantine rules, reviewing coronavirus curbs and...

China's economy expands 8.1pc in 2021

China's economy posted stable growth in 2021 despite challenges including...

World Bank cuts 2022 growth forecast to 4.1pc

The World Bank on Tuesday cut its forecasts for economic...

Gloomy outlook for global recovery, World Economic Forum survey finds

Only one in 10 World Economic Forum members surveyed expects...

Inflation up, virus down as priorities in US

Heading into a critical midterm election year, the top political...

Countries try to balance Omicron restrictions while keeping economies open

Global Covid-19 infections hit a record high over the past...

ADB allocates $4.1m for Covid-19 rural recovery in Asia, Pacific

The Asian Development Bank (ADB) has allocated $4.1 million in...

World economy to top $100 trillion in 2022 for first time, report says

The world's economic output will exceed $100 trillion for the...

Turkish lira caps historic week with big lift, as central bank injects $8b into market

Turkey's lira closed out its strongest week on record on...

Spain’s Nadia Calviño becomes head of IMF advisory committee

Spain’s First Vice President Nadia Calviño has become the chair...

UN chief says 'Ponzi scheme' crashed Lebanon's finances

UN Secretary-General Antonio Guterres said Lebanon's financial collapse was caused...

Malaysia's labour abuse allegations pose a risk to its export growth model

Malaysia's government and companies must address mounting allegations of workplace...

WEF’s annual gathering called off due to omicron wave

The World Economic Forum (WEF) on Monday postponed its annual...

World Bank fund for poorest nations gets a $93b injection of cash

The World Bank has announced a $93 billion replenishment package...

'Over 375m people in Asia-Pacific region faced hunger in 2020'

The state of food security and nutrition in Asia and...

US passes measure clamping down on products from China's Xinjiang

The US House of Representatives passed legislation on Tuesday to...

Afghan currency plunges to record low against dollar

Afghanistan's national currency, the afghani, has dropped further recently amid...

UAE announces move to Saturday-Sunday weekend

The United Arab Emirates said on Tuesday it would transition...