- Thursday, 28 January 2021 |
- Today's FE |
- e-Paper
-- 2021-01-27 19:59:32
Money transfers from migrants overseas could rebound to pre-pandemic levels, upending a World Bank forecast of a further slowdown in remittances to developing countries in 2021, according to a new stu...
-- 2021-01-27 10:54:26
There is a high risk of a resurgence in coronavirus (Covid-19) infections derailing the world economy this year, according to a firm majority of economists in a Reuters poll, who forecast global GDP w...
-- 2021-01-26 19:39:45
The International Monetary Fund (IMF) on Tuesday raised its forecast for global economic growth in 2021 and said the coronavirus-triggered downturn in 2020 would be nearly a full percentage point less...
SM Najmus Sakib 2021-01-25 15:50:06
A new report by the Oxfam said on Monday that it could take more than a decade for the poor people across the globe to recover from the economic losses caused by the coronavirus pandemic. In its...
Reuters 2021-01-25 14:24:48
Saudi Arabia’s Public Investment Fund plans to double its assets to 4 trillion riyals ($1.07 trillion) by 2025, Prince Mohammed bin Salman said on Sunday, a move that would make it one of the wo...
Reuters 2021-01-21 13:50:49
Asian stocks scaled to record highs on Thursday as investors were hopeful the incoming Biden administration will be able to secure passage of a massive new stimulus package to cushion the economic dam...
Reuters 2021-01-21 10:50:22
European stocks rose on Wednesday after Dutch chip equipment maker ASML and Swiss luxury group Richemont gave encouraging earnings updates, while investors hoped for a large US stimulus plan as Joe Bi...
Reuters 2021-01-20 10:42:25
Goldman Sachs Group dwarfed Wall Street estimates as its fourth-quarter profit more than doubled, powered by another blowout performance at its trading business and a surge in fees from underwriting a...
-- 2021-01-20 10:10:46
Janet Yellen, US President-elect Joe Biden’s nominee for Treasury Secretary, urged lawmakers on Tuesday to “act big” on coronavirus relief spending, arguing that the economic benefit...
REUTERS 2021-01-18 12:59:42
China's economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-stricken 2020 in remarkably good shape and remained poised to expand further thi...
Reuters 2021-01-17 13:18:06
Italy forecasts its debt to soar to a new post-war record level of 158.5 per cent of gross domestic output (GDP) this year, surpassing the 155.6 per cent goal it set in September, a government source...
-- 2021-01-16 19:04:06
The Asian Development Bank (ADB) and the European Investment Bank (EIB) has formed a new clean and sustainable ocean partnership to support initiatives in Asia and the Pacific to help meet the SDGs an...
Reuters 2021-01-15 17:09:17
New cases in China are at 10-month highs, prompting the lockdown of 28 million people in two provinces, disrupting logistics and industrial activity, with millions expected to scrap holiday travel pla...
REUTERS 2021-01-15 15:49:34
Food has become so expensive in Turkey that some people are spending what money they have to stock up on rice and pasta to avoid swallowing even higher prices in the months ahead. Parents have switch...
REUTERS 2021-01-15 15:00:11
US President-elect Joe Biden’s proposal to pour $1.9 trillion into a hobbled economy could lay the foundation for a surge in jobs and spending that many economists say is needed to avoid long-te...
-- 2021-01-14 11:41:11
Japan’s currency in circulation and bank deposits rose at a record pace in December, data showed on Wednesday, as a resurgence in coronavirus infections prompted companies and households to cont...
-- 2021-01-14 11:11:38
World Bank President David Malpass urged private sector creditors to finally step up and help poor countries deal with the economic and health crises unleashed by the Covid-19 pandemic and stop collec...
Reuters 2021-01-12 09:27:11
Twitter’s stock tumbled over 6 per cent in the early trading on Monday (US standard time) after its move to permanently suspend US President Donald Trump’s widely-followed account spurred...
FE Online Desk 2021-01-11 12:54:13
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the United Nations Capital Development Fund (UNCDF) have recently launched a fund for women enterprises to suppor...
REUTERS 2021-01-10 10:45:33
The Reserve Bank of New Zealand said on Sunday that it was responding with urgency to a breach of one of its data systems. A third-party file-sharing service used by the central bank to share and sto...
Reuters 2021-01-09 11:43:00
Shares of Tesla jumped as much as 5.6 per cent on Friday, pushing the electric-car maker’s market capitalisation to more than $800 billion for the first time ever and inching closer to the trill...
REUTERS 2021-01-08 14:35:49
The number of Americans filing first-time claims for jobless benefits unexpectedly dipped last week while staying extremely high, with the labour market recovery appearing to stall as a raging Covid-1...
-- 2021-01-07 18:36:22
India’s fiscal deficit for year ending in March is likely to be over 7.0 per cent of gross domestic product, reports Reuters accrediting three sources, as revenue collections suffered from a loc...
Reuters 2021-01-07 16:55:59
Economic stimulus approved in the United States and Japan at the end of last year will help to power a recovery in their economies in the second half of 2021, IMF chief economist Gita Gopinath said on...
Reuters 2021-01-07 16:43:23
Vietnam’s success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting funds, foreign investors,...
Reuters 2021-01-07 14:23:47
Around 4,000 financial firms in Britain were at “heightened risk” of collapsing due to fallout from the first wave of the pandemic, the Financial Conduct Authority said on Thursday. The F...
Reuters 2021-01-07 10:48:18
The New York Stock Exchange said on Wednesday it will delist three Chinese telecom companies, confirming its latest U-turn on the matter a day after US Treasury Secretary Steve Mnuchin told the NYSE c...
-- 2021-01-06 13:57:57
Affirm Holdings Inc, founded by PayPal Holdings Inc co-founder Max Levchin, is aiming for a valuation of over $9 billion in its initial public offering, the lending startup said in a filing on Tuesday...
-- 2021-01-06 12:00:06
Chad and several other countries are already in deep debt distress and more will join their ranks this year, given the severity of the global recession triggered by the Covid-19 pandemic, World Bank G...
FE Online Report 2021-01-05 16:01:21
Stocks ended lower on Tuesday, snapping an eight-session winning streak, as investors opted for booking profit on major sectors issues amid vaccine uncertainty news. DSEX, the key index of the Dhaka...
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