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Martin Raiser appointed vice president of World Bank for South Asia

The World Bank has appointed Martin Raiser as its vice...

Some IMF staff work 'unduly influenced' despite strong safeguards

Nearly 20 per cent of International Monetary Fund staff say...

Sri Lanka makes progress towards IMF credit

The International Monetary Fund reported constructive talks with Sri Lankan...

War in Ukraine raises global shipping costs, stifles trade: UNCTAD

The UN Conference on Trade and Development (UNCTAD) says the...

Hong Kong: Why business is not giving up on the Asian financial hub

On a cloudy June day, the Jumbo Floating Restaurant was...

G7 leaders vow to hurt Russia economically

Leaders of the world’s wealthiest democracies struck a united stance...

Sri Lankan economy contracts 1.6pc in January to March quarter

Sri Lanka's economy contracted 1.6 per cent in the January...

Global crop problems point to years of high food prices

Eric Broten had planned to sow about 5,000 acres of...

G7 nations debating price cap for Russian oil to curb Moscow's revenue

Group of Seven nations have engaged in a debate to...

Taiwan, United States to hold trade talks today

Taiwan and the United States will hold trade talks on...

G7 aims to raise $600 billion to counter China's Belt and Road

Group of Seven leaders on Sunday pledged to raise $600...

German minister warns of industry shutdown amid gas shortage

Germany is heading for a gas shortage if Russian gas...

India willing to support crisis-laden Sri Lanka's economic recovery

India's top diplomat held talks with Sri Lanka's president and...

‘Consumer behaviour to remain unpredictable globally for near future’

Global retailers and consumer goods makers remain in crisis mode...

UK inflation hits 40-year record, highest in G7

Soaring food prices pushed British consumer price inflation to a...

Progress made in IMF-Pakistan talks on bailout programme

Important progress has been made in talks between the International...

Germany may face recession as Russian gas crisis deepens

Germany faces certain recession if already faltering Russian gas supplies...

Sri Lanka asks government employees to work from home

Sri Lanka's government on Friday ordered public sector employees to...

WTO adopts Geneva package, disappoints LDCs

Though the member countries of the World Trade Organization (WTO)...

Yen falls as Bank of Japan bucks rate rise trend

The yen has fallen sharply after Japan's central bank kept...

India's economic prospects firm despite global headwinds, says RBI

India's domestic macroeconomic conditions have improved further despite the downside...

Global remittances flows expected to reach $5.4t by 2030: IFAD

Global remittances, the hard-earned money sent by migrant workers to...

India looks to rains, not just rates, to cool hot inflation

As India faces a crippling surge in food and fuel...