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The Financial Express

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Saudi private sector to invest $1.3tn in diversification by 2030

Saudi Arabia’s crown prince said oil firm Aramco and petrochemical firm SABIC would lead investments of 5 trillion riyals ($1.3 trillion) by the local private sector by 2030 under a programme announced on Tuesday for economic diversification. The move aims...

Asia, Pacific must avoid K-shaped recovery, says UN report

The Asia-Pacific region needs large, yet attainable, investments in resilience...

Vietnam sees foreign investment rise to $4.1b in first quarter

Vietnam received $4.1 billion in foreign direct investment (FDI) in...

Japan unveils measures to support pandemic-hit firms

Japan’s government on Tuesday unveiled measures to help midsize and...

Global warming could cut 63 countries' credit ratings by 2030, study warns

A new algorithm-based study by a group of UK universities...

Slow Gulf economic recovery to have long-lasting impact on banks

Economic recovery from the coronavirus crisis in the oil-rich Gulf...

African economies likely to grow 3.4pc this year, AfDB says

African economies are expected to grow by an average of...

UK economy shrank by less than feared in January

Britain’s economy shrank by less than feared in January as...

ECB signals faster money-printing

The European Central Bank said on Thursday it would accelerate...

Singapore's GDP expected to grow 5.8pc in 2021

The Monetary Authority of Singapore (MAS) has said in a...

Vietnam's cloth import rises over two months

Vietnam spent nearly 1.9 billion US dollars importing cloth in...

China restores GDP growth target after economic rebound

China on Friday restored its annual economic growth target, setting...

US private payrolls miss expectations

US private payrolls increased less than expected in February amid...

Big economies agree to boost IMF funding

G20 major economies have agreed to raise International Monetary Fund...

US Democrats backpedal on raising minimum wage, but hopes for hike alive

The US Senate will start debating President Joe Biden’s $1.9...

Sky begins to clear over US economy

Despite the US economy’s near miss with a depression last...

China's factory activity expands at a slower pace in February

China’s factory activity expanded in February at a slower pace...

China central bank adviser predicts 8-9pc GDP growth in 2021

China’s gross domestic product (GDP) could expand 8-9 per cent...

Saudi Arabia's PIF launches $3b tourism, infrastructure venture

Saudi Arabia’s Public Investment Fund (PIF) launched a new venture...

EU to call on G20 not to withdraw Covid-19 stimulus too early

The European Union will call on financial leaders of the...

Myanmar anti-coup protests shut businesses

Businesses shut in Myanmar on Monday in a general strike...

World Bank, IMF to consider climate change in debt reduction talks

The World Bank is working with the International Monetary Fund...

Japan’s economy expands more than expected as exports, capex shake off pandemic hit

Japan’s economy expanded more than expected in the fourth quarter,...

US 'back at the table' to help global economic recovery

US President Joe Biden’s administration told allies on Friday it...

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