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Latest Articles in global economy

IMF Sees Less Severe Global Contraction But Trouble In Emerging Markets

The global economy will return to growth of 5.2% in 2021, the IMF said, but the rebound will be slightly weaker than forecast in June

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China's Imports, Exports Surge As Global Economy Reopens

Imports surged 13.2%, returning to growth from a slump of 2.1% in August and much stronger than expectations for a 0.3% increase.

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Mastercard Launches Central Bank Digital Currencies (Cbdcs) Testing Platform, Enabling Central Banks To Assess And Explore National Digital Currencies

Mastercard is committed to supporting central banks in their chosen path to modernize payments as they look for solutions that seamlessly integrate with existing ways to pay.

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Global Markets: Tech Rout Roils Asian Shares, Oil Futures Extend Slump

MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.12%. Australian stocks dropped 2.24%, while shares in China fell 1.16%.

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Gold Subdued On Strong Dollar; ECB Meeting In Focus

Silver fell 0.9% to $26.75 per ounce, platinum eased 0.2% to $906.17 and palladium gained 0.3% to $2,302.74.

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Breaking Through The Patriarchy: Women Calling The Shots In Family Business

Family businesses are considered as a foundation of the global economy, representing an estimated 70% to 90% of the global GDP and 50% to 80% of jobs in the majority of countries worldwide.

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6 lakh masks, aprons prepared by self-help groups in Punjab: Tript Singh Bajwa

6 lakh masks, aprons prepared by self-help groups in Punjab: Tript Singh Bajwa

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Gold Pauses As Markets Seek Confirmation On Fed Policy

Spot gold was down by 0.1% at $1,956.39 per ounce by 1153 GMT. Prices hit a record $1,980.57 on Tuesday.

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Global Markets: Dollar Teeters, Gold Takes A Breather As Markets Await Fed

Gold steadied around $1,960 an ounce, pulling back from a $1,980 high on Tuesday but still having gained nearly $150 in eight sessions.

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Gold Soars To All-Time High As Dollar Dive Boosts Safety Rush

Spot gold rose 1.7% to $1,934.06 per ounce by 0802 GMT after hitting a record high of $1,943.93. U.S. gold futures gained 1.7% to $1,929.40.

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Global economy not out of the woods yet: IMF Chief Kristalina Georgieva

Global economy not out of the woods yet: IMF Chief Kristalina Georgieva

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IMF Chief Warns Global Economy 'Not Out Of The Woods,' Dangers Lurk

"Monetary policy should remain accommodative where output gaps are significant and inflation is below target, as is the case in many countries during this crisis,"

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World Health Organisation Says Global Coronavirus Tally Topped 10.3 Million

The UN health agency said in the situation report published on late Wednesday that 163,939 new cases had been recorded in the past day, while further 4,188 patients had died.

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Manufacturing Slump Eases As World Emerges From Pandemic

The International Monetary Fund expected the global economy to shrink 4.9% this year and rebound just 5.4% next year.

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Equity indices close in the red, private banks drag

Equity indices close in the red, private banks drag

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