IMF predicts slightly slower global growth in 2024 and 2025 WASHINGTON: Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, ... Published 23 Oct, 2024 07:54am
World IMF lifts US growth forecast but marks down China; sees lackluster global economy WASHINGTON: The International Monetary Fund on Tuesday raised its 2024 economic growth forecasts for the U.S.,... Published 22 Oct, 2024 06:52pm
World Putin says BRICS, not the West, will drive global economic growth MOSCOW: The BRICS group will generate most of the global economic growth in the coming years thanks to its size and... Published 19 Oct, 2024 06:48am
Business & Finance Global economic review The global economy demonstrates remarkable resilience, characterized by steady growth as inflation gradually moves... Published 12 Jun, 2024 06:51am
Business & Finance IMF says countries ‘must’ strengthen central bank independence WASHINGTON: The head of the IMF called Thursday for countries to “preserve and strengthen” the independence of... Published 22 Mar, 2024 04:57am
Pakistan WB report on ‘women, business and law’: ‘Pakistan only S Asian country registering improvement’ ISLAMABAD: Pakistan is among the 18 economies globally, and the only South Asian country, registering improvement in... Published 05 Mar, 2024 03:09am
Print OPEC+ members extend oil output cuts to second quarter DUBAI: OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts into the... Updated 04 Mar, 2024 09:39am
Business & Finance Global economy ‘resilient’ but growing too slowly: IMF WASHINGTON: Global economic growth will remain “resilient” this year after a stronger-than-expected 2023, the... Published 13 Jan, 2024 05:38am
Markets Oil prices fall after surprise US storage build NEW YORK: Oil prices fell on Wednesday after a surprise jump in US crude stockpiles raised worries about demand in... Published 11 Jan, 2024 06:15am
World Global growth to slow but avoid a hard landing: OECD PARIS: The global economy will slow slightly next year but the risk of a hard landing has subsided despite high... Published 29 Nov, 2023 04:55pm
Markets Oil lower on caution ahead of OPEC+ meeting NEW YORK: Oil prices eased on Tuesday after rallying for two sessions, as investors turned cautious ahead of... Published 22 Nov, 2023 05:48am
Markets TSX futures flat on rate hike jitters, lower copper prices Futures for Canada's resource-heavy main stock index were subdued on Thursday as concerns over rising interest rates... Published 29 Jun, 2023 05:00pm
Business & Finance Automobile sector contracts 42.48%, reveals Economic Survey 2022-23 With exception of buses, significant decline was seen in productivity of all sub-sectors Published 08 Jun, 2023 08:58pm
Business & Finance OECD sees limited growth pick-up as rate hikes weigh PARIS: Global economic growth will pick up only moderately over the next year as the full effects of central bank... Published 08 Jun, 2023 06:30am
Opinion Markets bracing for ‘no landing’ world economy scenario curb risk appetite Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays ... Updated 23 Feb, 2023 06:21am
Markets Oil prices firm on China demand optimism LONDON: Oil prices rose 1% on Thursday on expectations that demand will strengthen as top oil importer China reopens... Updated 26 Jan, 2023 04:45pm
Opinion Road to self-sustainability During the last few decades, global economies have been facing tough challenges. The recent spell started in March... Updated 13 Jan, 2023 07:28am
Business & Finance Japan’s wholesale inflation near steady at 9.3% as commodity prices ease TOKYO: Japan’s November wholesale prices rose 9.3% from a year earlier, data showed on Monday, a rate of increase... Published 12 Dec, 2022 10:21am
Markets China cuts cotton demand outlook on slowing global growth BEIJING: China’s agriculture ministry lowered its outlook for cotton consumption on Friday, as slowing global... Published 12 Dec, 2022 06:07am
Print Oil prices down NEW YORK: Oil prices edged lower on Thursday on the prospect of a major crude pipeline that shut after a leak... Published 09 Dec, 2022 05:58am
World ‘The worst is yet to come’: the curse of high inflation Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials like food,... Published 08 Dec, 2022 07:40pm
Business & Finance Pakistan projected to be sixth-largest economy by 2075 KARACHI: A research paper published by Goldman Sachs on Tuesday projected Pakistan to be the sixth largest economy ... Published 08 Dec, 2022 06:47am
Markets Aluminium slides on strong dollar and demand outlook LONDON: Aluminium prices dropped to a 17-month low on Wednesday and most other base metals lost ground as faltering... Published 08 Sep, 2022 05:43am
Opinion Escaping the jaws of stagflation Amid elevated levels of inflation, the war in Ukraine, and rising interest rates, global economic growth is expected... Published 31 Aug, 2022 06:27am
Markets Growth fears drag on FTSE 100 LONDON: Commodity and financial stocks dragged the UK’s FTSE 100 lower on Wednesday on worries about a slowdown in... Published 25 Aug, 2022 06:08am
Markets Copper bounces on China stimulus hopes LONDON: News of possible stimulus in China pushed copper prices up sharply on Thursday from the previous day’s... Published 08 Jul, 2022 05:36am
Business & Finance IMF chief says ‘cannot rule out’ possible global recession LONDON: The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had... Updated 07 Jul, 2022 11:15am
World World Bank’s Reinhart ‘skeptical’ global recession can be avoided MADRID: World Bank chief economist Carmen Reinhart said she is skeptical that the U.S. and global economies can... Published 29 Jun, 2022 06:51pm
Print World Bank for sovereign debt changes LONDON: A senior official at the World Bank has ramped up its calls for changes in sovereign debt laws so... Updated 29 Jun, 2022 09:36am
Markets Asia’s gasoline refining profit margin up NEW DELHI: Asia’s gasoline refining profit margin inched higher on Monday amid high blend stock prices and soaring... Published 21 Jun, 2022 05:51am