Weekahead: Euro zone set to report solid growth, for a change
With optimism building that the United States is already recovering smartly from another horrible start to the year, focus will shift this week to reports that may show the euro zone is finally shaking off half a decade of torpor.
May 10, 2015, 14:00 PM IST
Chinese exports facing mounting pressures: Govt
Amid slow recovery of the global economy and some countries resorting to currency depreciation, China Tuesday said it is facing mounting challenges like boosting its declining exports this year.
May 05, 2015, 22:42 PM IST
Oil hits 2015 highs after first U.S. hub stock draw in five months
Oil prices hit the highest this year on Wednesday after the first crude stock draw in five months at the U.S. Cushing, Oklahoma hub suggested an oil glut may be starting to ease.
Apr 30, 2015, 02:25 AM IST
How China is upsetting the old global economic order
With its huge new infrastructure bank and its ambitions for a globalised renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.
Apr 19, 2015, 18:21 PM IST
G-20 finance officials confronting global weakness
Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring US dollar to a big drop in oil prices.
Apr 18, 2015, 00:11 AM IST
G20 strikes hopeful tone, but officials fret over Greece
The G20, however, sounded guardedly optimistic the global economy was poised for at least a modest recovery.
Apr 17, 2015, 22:14 PM IST
IMF sees global economy steady; Japan, Europe improve
The International Monetary Fund said Tuesday that the Japanese and European economies were picking up pace as it stuck to its forecast for moderate global growth this year and next.
Apr 14, 2015, 19:08 PM IST
IMF's Lagarde sees 'new reality' of mediocre growth
Mediocre economic growth could become the "new reality," leaving millions stuck without jobs and increasing the risks to global financial stability, the head of the International Monetary Fund warned on Thursday.
Apr 09, 2015, 20:24 PM IST
G20 vow to promote growth but rifts remain
They also warned of the risk of "persistent stagnation" in some leading economies due to "prolonged low inflation alongside sluggish growth."
Feb 10, 2015, 22:11 PM IST
Greece wants to pay debts, negotiate: PM
Greek Prime Minister Alexis Tsipras has asserted that Athens wants to pay its debts to its international creditors and if its partners want the same they must "negotiate the technical means to do so with us".
Feb 09, 2015, 16:52 PM IST
Dollar struggles after disappointing US, China data
The euro rose to $1.1312 from $1.1284, and to 133.22 yen from 132.70 yen in US trade.
Feb 02, 2015, 10:57 AM IST
Global economy faces 'new mediocre risk' in 2015: IMF
Terming 2015 as a make or break year, IMF chief Christine Lagarde Saturday said the global economy faces the risk of getting stuck in a 'new mediocre' or a prolonged period of slow growth and feeble job creation.
Jan 24, 2015, 20:19 PM IST
Time to rebuild trust between people and corporates: Bhartia
As the World Economic Forum's annual Davos meeting begins here today, co-chair Hari S Bhartia has called for rebuilding trust between people and corporations and adopt 'business for livelihood' as a theme for Indian and global economies.
Jan 20, 2015, 13:22 PM IST
India's growth to reach 6.3% in 2016: UN report
India will see a gradual growth acceleration with its GDP expected to reach 5.9 percent this year and 6.3 percent in 2016, the UN said Monday while partly crediting the recovery to improved market sentiment after the new government took office and announced key reforms.
Jan 19, 2015, 20:38 PM IST
Global economic outlook glum despite cheaper oil: IMF
A sharp drop in oil prices and a stronger U.S. economy probably won`t be enough to brighten the outlook for global growth this year, the head of the International Monetary Fund warned on Thursday.
Jan 16, 2015, 00:16 AM IST
German growth solid in 2014, set to accelerate in 2015
The German economy, Europe`s biggest, shrugged off global weakness to expand by a solid 1.5 percent in 2014, and could see growth accelerate this year, analysts said on Thursday.
Jan 15, 2015, 17:42 PM IST
India to be world's fastest growing big economy by 2017: World Bank
Fuelled by economic reforms, India is projected to become the world`s fastest growing large economy by 2017 with a growth rate of seven percent, overtaking China along the way, a World Bank report said Tuesday.
Jan 14, 2015, 23:37 PM IST
Wall Street tumbles on global economic worries
U.S. stocks dropped on Wednesday, putting equities on pace for their fourth straight losing session as a World Bank forecast sparked concerns about weak economies and U.S. retail sales for December missed expectations.
Jan 14, 2015, 22:50 PM IST
China's challenge is to learn to live with 7% growth rate: World Bank
Director of Development Prospects at the World Bank Ayhan Kose said that growth has been slowing in an orderly fashion in China.
Jan 14, 2015, 13:01 PM IST
Global economy projected to expand by 3% this year: WB
Developing countries grew by 4.4 per cent in 2014 and are expected to edge up to 4.8 per cent in 2015, strengthening to 5.3 and 5.4 per cent in 2016 and 2017, respectively, it said.
Jan 14, 2015, 12:38 PM IST
