Loading...
The Financial Express

US inflation rate hits a fresh 40-year high after ban on Russian energy imports

The US inflation rate hit a fresh 40-year high in...

250m people may fall into extreme poverty this year, warns Oxfam

Over a quarter of a billion more people could crash...

WTO lowers 2022 global trade growth forecast

The World Trade Organization (WTO) on Tuesday revised down its...

Ukraine’s GDP output to fall 45pc, Russia's economy to shrink 11.2pc this year

Ukraine's economic output will likely contract by a staggering 45.1...

Sri Lanka doubles interest rates to tame inflation; stabilise economy

Sri Lanka's central bank doubled its key interest rates on...

Japan to ban coal imports from Russia

Japan, the world's third-largest coal importer, said on Friday it...

World food prices jump nearly 13pc in March, UN agency says

World food prices jumped nearly 13 per cent in March...

India's central bank keeps lending rate steady

The Reserve Bank of India kept its key lending rate...

Mobile money industry processes record $1.0t globally in 2021

Mobile money adoption and use saw continued growth in 2021,...

Tourism spending in China plunges over key holiday

Tourism spending in China plunged over this week's Qingming festival,...

US stops Russian bond payments in bid to raise pressure on Moscow

The United States stopped the Russian government on Monday from...

Egypt permits e-visa to attract more visitors 

Egypt has added 78 countries to its e-visa portal for tourists,...

Russian gas keeps flowing to Europe despite Putin's ultimatum to pay in roubles

Russian gas was still flowing to Europe on Friday despite...

Sri Lanka suffers long power cuts as fuel crisis worsens

Swathes of Sri Lanka faced prolonged power cuts on Wednesday...

Russia retaliates in ‘economic war’ with Eurobond rouble buyback offer

Russia retaliated in what it has called an "economic war"...

India stands by trade with Russia as Lavrov set to visit

Russian Foreign Minister Sergei Lavrov is set to fly to...

Sri Lanka seeks further $1.0b credit line from India to import essentials

Sri Lanka has sought an additional credit line of $1.0...

Economic cost of vaccine hesitancy is mounting in America

Nearly a year after Covid vaccines became freely available in...

Promises of ‘stability’, ‘quality growth’ reverberated in China’s legislative gathering

Two Sessions, China’s most important annual political event, ended last...

Sri Lanka aims to earn $1b from gem exports in 2022 

The Sri Lankan government aims to earn 1.0 billion US...

War to cut global growth to 2.6pc this year, says UNCTAD

Russia-Ukraine war coupled with changes in macroeconomic policies by countries...

Fertiliser shortage imperils world food supply 

Sky-high fertiliser prices have farmers worldwide scaling back its use...

Sri Lanka to seek World Bank assistance alongside IMF loan programme

Sri Lanka will seek World Bank assistance to stave off...