Global economy

Photo: Collected
Global Economy

Major banks predict world would slow down but avoid recession in 2024

The latest Reuters poll shows next year’s global growth slowing to 2.6% with a 2.9% growth forecast for this year

Biden is hosting American partners at the the Asia-Pacific Economic Cooperation summit in San Francisco, the first time that the gathering is taking place in the US since 2011. Photo: Bloomberg
Bloomberg Special

US, Asian nations not ready to finalize economic accord at APEC

APEC's growth to slow as persistent inflation, US-China tensions weigh-report
Global Economy

APEC's growth to slow as persistent inflation, US-China tensions weigh-report

Dollar firm ahead of US inflation data; yen hovers near one-year low
Global Economy

Dollar firm ahead of US inflation data; yen hovers near one-year low

Represenattional image. Photo: Collected
World+Biz

Gold inches higher as investors focus on US inflation data

Sri Lanka: From Don'ts to an example of Dos
Economy

Sri Lanka: From Don'ts to an example of Dos

FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) on a flag at the oil producer group's headquarters in Vienna, Austria, December 7, 2018. REUTERS/Leonhard Foeger/File Photo
Global Economy

Opec+ sees healthy growing global economy, despite inflation

Crude oil pouring out of a barrel. File Photo: Reuters
Global Economy

Oil heads for weekly loss as geopolitical risk premium wanes

Passerby walk past an electric screen showing Asian markets indices outside a brokerage in Tokyo, Japan, July 1, 2019/ Reuters
Global Economy

Asian stocks subdued ahead of Fed, frail yen in focus

Sign of the times. Photo: Bloomberg
Bloomberg Special

Rising small business bankruptcies are a red herring

Sri Lankan drivers push auto rickshaws to buy petrol from a fuel station amid an economic crisis last year. The country’s 69.8% inflation in September 2022 declined to only 4% in August 2023 due to the government’s rapid and effective measures to stabilise the economy. Photo: Reuters
Panorama

What are the regional economies doing right?

India, Indonesia, others to help G7 fight ‘economic coercion’
Bloomberg Special

India, Indonesia, others to help G7 fight ‘economic coercion’

Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey, October 31, 2022. REUTERS/Umit Bektas//File Photo
Europe

Ukraine suspends new Black Sea grain corridor due to threat from Russian warplanes