- Sunday, 17 October 2021 |
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-- 2021-10-14 20:17:03
From beef bowls in Tokyo to fried chicken in London, consumers are beginning to feel the pinch from the surge in costs washing over the global economy. The rebound in economic activity as coronavirus...
-- 2021-10-14 15:20:16
A global energy crunch is expected to boost oil demand by half a million barrels per day (bpd) and could stoke inflation and slow the world's recovery from the COVID-19 pandemic, the International Ene...
-- 2021-10-14 10:10:24
JPMorgan Chase & Co beat analysts’ profit estimates on Wednesday, thanks to record revenue in some investment banking businesses and a sunnier economic outlook that allowed the largest US ba...
-- 2021-10-13 17:15:31
Economic growth in poorer countries will likely lag pre-pandemic expectations for years, given gaps in vaccination rates, revenue growth and the ability to borrow, the International Monetary Fund said...
-- 2021-10-13 17:13:01
The Asian Development Bank will boost its climate financing goals by $20 billion to a new target of $100 billion for the 2019-2030 period. The lender also aims to launch its concept for retiring coal...
-- 2021-10-13 15:50:33
The governance of the world economy needs to be overhauled to ensure it can withstand future health and economic shocks, as well as challenges posed by climate change and the rise of China, advisors t...
-- 2021-10-12 20:02:07
Authorities from Beijing to Delhi scrambled to fill a yawning power supply gap on Tuesday, triggering global stock and bond market wobbles on worries that rising energy costs will stoke inflation and...
-- 2021-10-12 11:18:38
Japan's wholesale inflation hit a 13-year high in September as rising global commodity prices and a weak yen pushed up import costs, putting pressure on corporate margins and raising the risk of unwan...
-- 2021-10-11 22:06:55
Economists David Card, Joshua Angrist and Guido Imbens won the 2021 Nobel economics prize on Monday for pioneering natural experiments to show real-world economic impacts in areas from minimum wage in...
-- 2021-10-11 16:22:02
Three economists— David Card, Joshua Angrist, and Guido Imbens — won the 2021 Nobel economics prize, the Royal Swedish Academy of Sciences said on Monday. The prize, formally known as the...
-- 2021-10-11 11:43:36
Shares in Australian gambling giant Star Entertainment have slumped after allegations that it enabled illegal activity at its casinos for years. A joint report by three news outlets implicate...
-- 2021-10-09 18:58:35
The International Monetary Fund has approved a $124 million extension of IMF debt relief to 24 low-income countries through January 10, 2022. The approval of the fourth tranche of debt relief from th...
-- 2021-10-08 22:55:14
A global deal to ensure big companies pay a minimum tax rate of 15 per cent and make it harder for them to avoid taxation has been agreed by 136 nations, the Organisation for Economic Cooperation and...
-- 2021-10-08 19:23:37
The lawyers, who investigated World Bank data-rigging allegations against IMF Managing Director Kristalina Georgieva, violated World Bank staff rules by failing to notify her that she was a subject of...
-- 2021-10-07 10:53:41
China says its policies aimed at narrowing the widening wealth gap are precisely what it needs in this moment of its economic trajectory - but critics say it comes with even greater control of how...
-- 2021-10-06 19:03:32
Fresh coronavirus outbreaks in Southeast Asia have hurt factory activity across industries, threatening the region's recovery from the COVID-19 pandemic and disrupting global supplies of goods such as...
-- 2021-10-06 12:53:00
The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of 6 per cent, IMF chief Kristalina Georgieva said on Tuesday, citing risks associated w...
-- 2021-10-06 10:35:40
Ratings agency Moody's Investors Service on Tuesday upgraded its outlook on India to stable from negative, saying downside risks in Asia's third largest economy and its financial institutions have red...
-- 2021-10-05 21:48:12
An updated draft of a global corporate tax overhaul has dropped "at least" from a proposed minimum rate of "at least 15 per cent", possibly clearing a major hurdle for Ireland as negotiations enter a...
-- 2021-10-02 09:31:16
The advent of digital currencies in emerging markets could spark "cryptoization" of local economies, potentially undermining exchange and capital controls and upsetting financial stability, the Intern...
-- 2021-10-02 09:10:47
Five9 shareholders voted down the call centre software firm's $14.7 billion sale to Zoom Video Communications on Thursday, a major blow to Zoom's plan to expand its offerings following its pandemic bo...
-- 2021-10-02 08:46:54
US consumer spending surged in August, but outlays adjusted for inflation were weaker than initially thought in the prior month, reinforcing expectations that economic growth slowed in the third quart...
-- 2021-10-01 12:10:19
Asia's manufacturing activity was lacklustre in September as signs of slowing Chinese growth and factory shutdowns caused by the coronavirus pandemic weighed on the region's econom...
-- 2021-10-01 11:42:51
Foreign investors in India are pushing the country's market regulator to delay its plans to implement a quicker settlement of trades by bourses - a "complex and costly" move they s...
-- 2021-09-29 11:39:14
The East Asia and Pacific region's recovery has been undermined by the spread of the COVID-19 Delta variant, which is likely slowing economic growth and increasing inequality in the region, the Worl...
-- 2021-09-24 08:59:39
A former World Bank official who prepared reports at the center of a data-rigging scandal that aided China defended IMF chief Kristalina Georgieva on Thursday as the Economist magazine called for her...
-- 2021-09-23 20:17:02
President of the International Fund for Agricultural Development (IFAD) Gilbert F. Houngbo has said it is outrageous that rural small-scale farmers in developing countries, who grow one-third of the g...
-- 2021-09-22 18:33:50
China's pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing's own domestic coal program...
-- 2021-09-20 13:33:42
Shares of Evergrande on Monday plunged as much as 19 per cent to their lowest in over 11 years, extending losses as investors take a dim view of its business prospects with a fast approaching deadline...
-- 2021-09-19 19:42:32
The United Arab Emirates central bank sees increased risks of illicit financial flows emerging from the COVID-19 pandemic, including money-laundering and terrorism financing, it said in a report publi...
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