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Sri Lanka resumes bailout discussions with IMF, finance ministry says

Sri Lanka has resumed technical discussions with the International Monetary...

Inflation hits record 8.9pc in 19 European countries

Inflation in the European countries using the euro currency shot...

Sri Lanka's inflation surges to a record 60.8pc

Sri Lanka's inflation surged to a record 60.8 per cent...

World Bank says no new plans for financing for Sri Lanka

The World Bank does not plan to offer new financing...

Some Asia economies may need rapid rate hikes to cool inflation: IMF

Several Asian central banks must raise interest rates rapidly, because...

US GDP shrinks in second quarter. Is the nation in recession?

The US economy shrank for a second straight quarter, data...

China targets $148bn in financing for cash-strapped developers

China will help property developers by issuing 1 trillion yuan...

China to address 'unbalanced and inadequate' development in next five years: Xi

China must focus on addressing "unbalanced and inadequate development" in...

Global economy in grips of serious slowdown, poll shows

The global economy is in the grips of a serious...

Australian inflation rate hits 21-year high

Australian inflation sped to a 21-year high last quarter and...

IMF cuts 2022 global growth forecast to 3.2pc

The International Monetary Fund cut global growth forecasts again on...

US and Taliban make progress on Afghan reserves, but big gaps remain

US and Taliban officials have exchanged proposals for the release...

Crisis-hit Sri Lanka woos foreign oil firms amid fuel shortages

Crisis-hit Sri Lanka invited on Tuesday expressions of interest from...

South Korea's economy unexpectedly speeds up, pointing to more rate hikes

South Korean economic growth unexpectedly picked up in the second...

Pakistan's financing needs fully met for this year, says central bank chief

Pakistan's $33.5 billion external financing needs are fully met for...

Sri Lanka food prices increase by 75.8pc in 12 months

Food prices in Sri Lanka increased by 75.8 per cent...

Global slowdown fears darken prospects for Asian factories

Worries over a global slowdown are casting a shadow over...

Europe's banks brace for bumpy ride

Europe's banks, facing a potential economic storm and a rise...

New Sri Lankan government must raise taxes, make difficult reforms: central bank governor

Sri Lanka's new president will have to deal with daunting...

EU wants full implementation of labour roadmap for trade facility

The European Parliament's delegation on international trade on Tuesday said...

Pakistani rupee falls to all-time low against US dollar

The Pakistani rupee fell to an all-time low against the...

Indian rupee falls past 80 against dollar to hit record low

The Indian rupee hit a seventh straight session of record...

Sri Lanka crisis is a warning to other Asian nations: BBC

Sri Lanka is in the midst of a deep and...