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China's monetary policy has ample room to meet challenges: State media

China's monetary policy has ample room and sufficient tools, including...

Debt default: At least dozen countries are in danger zone

A record number of developing nations are now in trouble...

Pakistan to get $4b from friendly countries to shore up reserves

Pakistan is likely to get $4 billion from friendly countries...

Unrealistic energy policies may lead to higher inflation, says Saudi crown prince

Saudi Arabia's Crown Prince Mohammed bin Salman said on Saturday...

G20 finance chiefs reach ‘consensus’ on food security, remain divided on Ukraine war

The Group of 20 major economies' finance chiefs reached what...

China's economy brakes sharply in Q2, global risks darken outlook

China's economic growth slowed sharply in the second quarter, highlighting...

China economy contracts amid zero-Covid policy

China's economy contracted sharply in the second quarter of this...

ADB, Singapore agree to promote investment and innovation across Asia and the Pacific

Asian Development Bank (ADB) and Singapore have signed an agreement...

Gasoline, food drive US consumer prices higher in June

US consumer prices accelerated in June as gasoline and food...

ECB faces costly choices due to euro's tumble to parity against dollar

The euro's tumble to parity against the dollar has pushed...

South Korea takes aim at inflation with unprecedented half-point rate hike

South Korea's central bank raised its policy interest rate by...

Hong Kong needs to allow free travel to retain financial hub status, report says

Hong Kong needs to allow financial sector workers to travel...

China industry body cuts 2022 auto sales growth forecast to 3.0pc

SHANGHAI, July 11 (Reuters): China's automobile industry association downgraded its...

Japan's machinery orders fall for first time in three months

TOKYO, July 11: Japan's core machinery orders slipped for the...

IMF hopes for resolution of Sri Lanka crisis to allow bailout talks

The International Monetary Fund (IMF) said it is hoping for...

China's June factory inflation cools counter to global trends

China's factory-gate inflation cooled in June to the lowest in...

War-driven inflation pushed 71m people into poverty  

A staggering 71 million more people around the world are...

Sri Lanka central bank raises rates to 21-year high

The Central Bank of Sri Lanka (CBSL) raised its key...

Sri Lanka seeks credit support from Russia to import fuel

Sri Lanka's president on Wednesday said he urged Russian leader...

Bank of England tells lenders to brace for economic storm

The Bank of England warned on Tuesday that the economic...

Ukraine needs $750 billion for recovery plan, prime minister says

Ukraine needs $750 billion for a three-stage recovery plan in...

Inflation at 24-yr high adds to strains in South Korea's economy

South Korea's inflation last month hit the highest since the...

Indian rupee tumbles to record low against dollar

India is trying to ‘address volatility’ in the Indian rupee...