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Global remittances flows expected to reach $5.4t by 2030: IFAD

Global remittances, the hard-earned money sent by migrant workers to...

India looks to rains, not just rates, to cool hot inflation

As India faces a crippling surge in food and fuel...

Fed rolls out biggest rate hike since 1994, flags slowing economy

The Federal Reserve on Wednesday approved its largest interest rate...

Trade benefit for graduating LDCs: Extension may be for specific countries

The 'trade-benefit' demand of graduating least-developed countries (LDCs) to allow...

Italy's job market grows faster than overall economy

Italy's labour input outpaced economic growth in the first quarter...

Sri Lankan paddy farmers cultivate more than expected  

Sri Lankan paddy farmers are cultivating more than the average...

In 'miracle' city Shenzhen, fears for China's economic future

David Fong made his way from a poor village in...

Malaysia firms are refusing orders due to shortage of migrant labour

Malaysian companies from palm oil plantations to semiconductor makers are...

Pakistan adopts painful economic path to secure IMF bailout

Pakistan will raise taxes for rich, cut tax leakages and...

US annual inflation posts largest gain since 1981

US consumer prices accelerated in May as gasoline prices hit...

Ukraine war: 11m to 19m may face hunger due to reduced commodity exports

Reduced exports of wheat and other food commodities from Ukraine...

Russia slashes key interest rate to pre-crisis level of 9.5pc

Russia's central bank has slashed its key interest rate to...

Cost of living: The shock of rising prices in Japan

As a child growing up in Japan, things very rarely...

Turkey struggles to push Russia, Ukraine into grain deal to ease food crisis

Turkish efforts to ease a global food crisis by negotiating...

Russia's economic slump will wipe out 15 years of gains, says global banking group

Russia's economy will shrink 15 per cent this year and...

India raises rates for second straight month to tackle racing inflation

The Reserve Bank of India's key interest rate was raised...

IMF urges countries to avoid blanket subsidies as food, fuel prices soar

The International Monetary Fund (IMF) said on Tuesday governments fighting...

Rouble weakens as Russia slightly eases capital controls

The Russian rouble gave up gains to weaken on Tuesday,...

World Bank slashes global growth forecast to 2.9pc

The World Bank on Tuesday slashed its global growth forecast...

After India’s wheat export ban, panicked traders step up rice purchases

India's surprise ban on wheat exports has prompted rice traders...

Spain to grant more work visas to combat labour shortages

Spain plans to relax work permit rules for foreigners, its...

Protracted war threatens hunger crisis around the world, UN warns

United Nations officials have warned that a protracted war in...

Russia restricts export of key gases for production of chips

Sanctions-hit Russia has limited exports of noble gases such as...