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OPEC+ oil supply cuts could tip world into recession, says IEA

A decision by the OPEC+ oil producer group last week...

Poorer nations do face big debt challenges: IMF

Emerging markets do not face a systemic sovereign debt crisis,...

UK economy on brink of recession as it shrinks in August

Britain's economy looks set to go into recession as data...

IMF cuts its global growth forecast for 2023 amid colliding pressures

The International Monetary Fund on Tuesday cut its global growth...

Sri Lanka to retain 'middle-income' status but seek concessional loans

Sri Lanka will remain a middle-income country but request the...

Sri Lanka cabinet approves downgrade to 'low income country'

Sri Lanka's cabinet has approved a proposal to downgrade the...

Pakistan key policy rate unchanged at 15pc

Pakistan's central bank on Monday kept its key policy rate...

Three US economists win Nobel for research on banks and financial crises

Three US-based economists -- Ben Bernanke, Douglas Diamond and Philip...

Thailand economic recovery supported by return of tourism -Finance Minister

Thailand's economic recovery will not be affected by a global...

India's RBI sells dollars as rupee hits record low on US rate hike woes

The Reserve Bank of India likely sold dollars via state-run...

Ukraine seeks to rebuild economy with defiant small businesses

Victoriia Maslova abandoned her herbal cosmetics factory in the Ukrainian...

India to launch digital rupee on pilot basis for limited use

The Reserve Bank of India will soon commence limited pilot...

Malaysia announces tighter 2023 budget as it warns of slowing growth

Malaysia on Friday unveiled a smaller budget for 2023, prioritising...

Indonesia's forex reserves drop to $130.8b at end-September

Indonesia's foreign exchange reserves fell by $1.4 billion last month...

No peace for India's rupee as mighty dollar thunders on: Poll

India's rupee will trade near its record low against the...

World Bank cuts India's growth forecast to 6.5pc for 2022/23

The World Bank on Thursday slashed its growth forecast for...

‘World unlikely to meet goal of ending extreme poverty by 2030’

The world is unlikely to meet a longstanding goal of...

World Bank sees weak growth in 2023 for eastern Europe, central Asia

The World Bank said on Tuesday that countries in eastern...

Singapore likely to tighten monetary policy

Singapore is likely to tighten monetary policy this month, the...

Global recession can be avoided with right fiscal policies, says IMF chief

Global recession can be avoided if governments' fiscal policies were...

China likely to boost oil products exports into early 2023, support economy

Chinese refiners are likely to boost refined oil products exports...

World economy to see 2.5pc growth in 2022, 2.2pc in 2023: UNCTAD

The United Nations Conference on Trade and Development (UNCTAD) has...

UK forced into humiliating tax U-turn

British Prime Minister Liz Truss was forced on Monday into...