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European Union economy projected to grow by 4.2pc in 2021

The economy of the 27-member European Union (EU) will grow by 4.2 per cent in 2021 and 4.4 per cent in 2022, higher than the previous estimate, the European Commission said Wednesday in its Spring Forecast. The Winter Forecast made...

China posts rapid trade growth in April

China extended its impressive trade performance in April, with exports...

Indonesia economy shrinks 0.74pc in first quarter

Indonesia’s economy shrank for the fourth straight quarter in January-March...

One in two people globally lost income due to Covid-19: Survey

One in two people worldwide saw their earnings drop due...

Indian industry body urges curbs to economic activity to save lives

A leading Indian industry body urged authorities to take the...

India April trade deficit at $15.24 billion

India’s trade deficit in goods was $15.24 billion in April,...

China's digital yuan expands from consumer payments to business scenarios

The application of China's Digital Currency Electronic Payment (DC/EP), also...

Global economy to stage vigorous recovery

The global economy will recover this year from its coronavirus...

India's 'Solar Man' lights path out of poverty with clean power

Since he was a child, Santipada Gon Chaudhuri had sought...

China’s economy grows at record pace in first quarter

China’s economic recovery quickened sharply in the first quarter from...

India to spend $200m in next 5-7 years to promote hydrogen use

India will spend $200 million over the next five to...

Pace of US recovery accelerates

The US economy picked up speed going into the spring...

UN finds hundreds of millions of women living lives ‘governed by others’

Nearly half of all women are denied their bodily autonomy,...

EU to borrow around 150 billion euros every year for recovery fund

The European Commission plans to borrow around 150 billion euros...

US economy at an 'inflection point': Powell

The US economy is at an “inflection point” with expectations...

IMF, WB to unveil 'green debt swaps' option by November

Green debt swaps have the potential to spur accelerated action...

Global economy recovering from pandemic: IMF steering committee

International Monetary Fund’s steering committee on Thursday said the global...

Myanmar crisis sounds death knell for garment industry, jobs, hope

Two years after opening his garment factory in Myanmar, Li...

IMF worried about middle-income countries with weaker fundamentals

The head of the International Monetary Fund on Wednesday said...

Net zero transition topped agenda in G7 talks

Top economic policymakers from the Group of Seven (G7) industrialised...

US job openings jump to two-year high

US job openings rose to a two-year high in February...

IMF upgrades global growth forecast to 6.0pc in 2021

The International Monetary Fund (IMF) on Tuesday projected that the...

G20 leaders to discuss on policies to prevent virus-battered economies

The world’s financial leaders will discuss on Wednesday how to...

Suez Canal must upgrade quickly to avoid future disruption, experts say

Egypt’s Suez Canal must move quickly to upgrade its technical...

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