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Yen hits seven-month high against dollar

TOKYO (Reuters) - The yen traded close to a seven-month...

Singapore cuts 2019 GDP forecast as global risks expand

SINGAPORE (Reuters) - Singapore slashed its full-year economic growth forecast...

US-China trade war leading to recession: Goldman Sachs

Goldman Sachs Group Inc  said on Sunday that fears of...

Lanka tourism industry begins to recover

COLOMBO, Aug 12: Sri Lanka’s tourism industry, badly hurt by...

Tesla electric car catches fire after hitting a tow truck in Moscow

A Tesla electric car caught fire after crashing into a...

Wealthier China boon to US, says economist

A wealthier China is a boon to the United States,...

IMF reiterates China's exchange rate broadly in line with fundamentals

China's real effective exchange rate (REER) in 2018 is estimated...

IMF stands by China's exchange rate view

The International Monetary Fund (IMF) on Friday affirmed its view...

China's foreign trade up 4.2pc in first seven months

China's foreign trade of goods rose 4.2 per cent year...

China mild inflation provides leeway for economic restructuring

China's consumer prices stayed elevated in July, fueled by higher...

Japan’s economy grows 1.8pc in April-June

Japanese government data is showing Japan’s economy grew at a...

Trade war escalation nudges US closer to recession: Poll

The recent escalation in the US-China trade war has brought...

China's agriculture sector sees rapid growth over past 70 years

China's agriculture sector has seen rapid growth over the past...

Malaysia int'l reserves rise marginally to $103.9b

Malaysia's central bank Bank Negara Malaysia has said that its...

US plan to contain China’s rise would end in failure: Experts

Washington's plans to contain China's economy would end in failure...

US service sector growth hits three-year low

The US non-manufacturing sector in July expanded at the slowest...

Taiwan July exports seen stable

Taiwan’s exports likely rose 0.5 per cent in July from...

Indonesia’s economy likely to grow 5pc in Q2

Indonesia’s economic growth likely to grow 5.0 per cent in...

Trump tariffs ‘backfiring’ on US economy

US President Donald Trump’s trade war with China is backfiring...

Mexico lowers growth projection to 1.1pc

Mexico’s Finance Ministry has lowered its growth forecast for 2019...

China July factory activity falls amid tariff war

The factory activity in China contracted in July for a...

Consumer spending increases in US

The US Commerce Department said consumer spending - more than...

Japan cuts GDP target due to weaker exports

Japan has lowered its target for economic growth forecast for...