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The Financial Express

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Big economies agree to boost IMF funding

G20 major economies have agreed to raise International Monetary Fund reserves with a new allocation of the fund’s own special drawing rights (SDRs) currency, the IMF’s head said on Tuesday, in a potential boost for lending to poor countries. “We...

US Democrats backpedal on raising minimum wage, but hopes for hike alive

The US Senate will start debating President Joe Biden’s $1.9...

Sky begins to clear over US economy

Despite the US economy’s near miss with a depression last...

China's factory activity expands at a slower pace in February

China’s factory activity expanded in February at a slower pace...

China central bank adviser predicts 8-9pc GDP growth in 2021

China’s gross domestic product (GDP) could expand 8-9 per cent...

Saudi Arabia's PIF launches $3b tourism, infrastructure venture

Saudi Arabia’s Public Investment Fund (PIF) launched a new venture...

EU to call on G20 not to withdraw Covid-19 stimulus too early

The European Union will call on financial leaders of the...

Myanmar anti-coup protests shut businesses

Businesses shut in Myanmar on Monday in a general strike...

World Bank, IMF to consider climate change in debt reduction talks

The World Bank is working with the International Monetary Fund...

Japan’s economy expands more than expected as exports, capex shake off pandemic hit

Japan’s economy expanded more than expected in the fourth quarter,...

US 'back at the table' to help global economic recovery

US President Joe Biden’s administration told allies on Friday it...

Record $58.1b pours into global equity funds: BofA

A record $58.1 billion poured into global equity funds over...

UK economy slumps by record 10pc in 2020

Britain's coronavirus-ravaged economy suffered its biggest crash in output in...

IMF's own currency likely to get G7 backing

Group of Seven finance ministers are likely to back a...

COVID, climate, tax feature at first post-Trump G7 talks

The new administration of US President Joe Biden joins international...

Pandemic job pain fell unevenly on minorities, the poor

Black workers, women and others in low-paying jobs were more...

Emerging market central bank rate cuts fade further

Emerging market central banks delivered just one interest rate cut...

China's garment industry sees lower revenues in 2020

China's garment industry registered lower profits and revenue in 2020,...

Nigerian woman set to become WTO’s first female leader

Nigeria’s Ngozi Okonjo-Iweala was poised to become the first African...

Investment decline in productive assets spells trouble for poorer nations

Although developing countries attracted a record share of global foreign...

India says restructuring export basket a must for growth similar to Bangladesh

India needs to restructure its export basket on lines of...

Vaccine passports: Towards normality or problem?

Governments and developers around the world are exploring the potential...

COVID-19 vaccination delay could cost EU economy 90b euros: Study

The European Union faces a potential 90 billion euro ($108.19...

Myanmar coup to dampen US trade, impact footwear companies

The coup in Myanmar is expected to dampen the interest...

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