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The Financial Express

/ Economy / Global

‘World economy needs to be overhauled to withstand future challenges'

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 to the Group of Seven rich...

Energy crunch stokes inflation, economic recovery concerns

Authorities from Beijing to Delhi scrambled to fill a yawning...

Japan wholesale inflation hits 13-year high

Japan's wholesale inflation hit a 13-year high in September as...

Three economists win Nobel economics prize

Three economists— David Card, Joshua Angrist, and Guido Imbens —...

IMF approves fourth tranche of debt relief to 24 low-income countries

The International Monetary Fund has approved a $124 million extension...

Deal reached on global minimum corporate tax

A global deal to ensure big companies pay a minimum...

Data probe violated World Bank staff rules, IMF chief’s lawyer claims

The lawyers, who investigated World Bank data-rigging allegations against IMF...

How China’s ‘common prosperity’ drive may impact the world

China says its policies aimed at narrowing the widening wealth...

How COVID-19 in Southeast Asia is threatening global supply chains

Fresh coronavirus outbreaks in Southeast Asia have hurt factory activity...

IMF trims global growth forecast for 2021 citing 'vaccine divide'

The International Monetary Fund expects global economic growth in 2021...

Moody's upgrades outlook on India to stable from negative

Ratings agency Moody's Investors Service on Tuesday upgraded its outlook...

Global tax deal drops ‘at least’ from proposed minimum of 15pc

An updated draft of a global corporate tax overhaul has...

Emerging market 'cryptoisation' threatens financial stability: IMF

The advent of digital currencies in emerging markets could spark...

US consumer spending increases

US consumer spending surged in August, but outlays adjusted for...

Asian factories hit by China slowdown, supply constraints

Asia's manufacturing activity was lacklustre in September as signs of...

Foreign investors ask Indian regulator to delay quicker trade settlement plans

Foreign investors in India are pushing the country's market regulator...

Delta slowing economic growth, increasing inequality in East Asia and Pacific: WB

The East Asia and Pacific region's recovery has been undermined...

Economist magazine calls for Georgieva to quit IMF over WB data scandal

A former World Bank official who prepared reports at the...

Small-scale farmers getting pittance as wage is outrageous, says IFAD

President of the International Fund for Agricultural Development (IFAD) Gilbert...

China's overseas coal power retreat could wipe out $50b of investment

China's pledge to stop building coal-fired power plants overseas could...

Pandemic increases risks of illicit financial flows, UAE central bank says

The United Arab Emirates central bank sees increased risks of...

India seeks to welcome back overseas tourists

India on Sunday reported 30,773 new coronavirus infections in the...

Saudi Arabia launches programme to develop human capabilities

Saudi Arabia's Crown Prince Mohammed bin Salman bin Abdulaziz Al...

Shortages of basic goods hobble US economy

For Lauren Rash, it’s the little things that have snarled...

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