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Indonesia's forex reserves drop to $130.8b at end-September

Indonesia's foreign exchange reserves fell by $1.4 billion last month...

No peace for India's rupee as mighty dollar thunders on: Poll

India's rupee will trade near its record low against the...

World Bank cuts India's growth forecast to 6.5pc for 2022/23

The World Bank on Thursday slashed its growth forecast for...

‘World unlikely to meet goal of ending extreme poverty by 2030’

The world is unlikely to meet a longstanding goal of...

World Bank sees weak growth in 2023 for eastern Europe, central Asia

The World Bank said on Tuesday that countries in eastern...

Singapore likely to tighten monetary policy

Singapore is likely to tighten monetary policy this month, the...

Global recession can be avoided with right fiscal policies, says IMF chief

Global recession can be avoided if governments' fiscal policies were...

China likely to boost oil products exports into early 2023, support economy

Chinese refiners are likely to boost refined oil products exports...

World economy to see 2.5pc growth in 2022, 2.2pc in 2023: UNCTAD

The United Nations Conference on Trade and Development (UNCTAD) has...

UK forced into humiliating tax U-turn

British Prime Minister Liz Truss was forced on Monday into...

Global gas markets to remain tight next year amid supply squeeze

Global gas markets are expected to remain tight next year...

Some 345 million people facing food shortages due to Ukraine war, says IMF

The Ukraine war's disruptions to grain and fertiliser flows have...

India cuts windfall tax on crude oil output, diesel exports

The Indian government has cut a windfall tax on domestically...

US consumers spurn cars, couches and cruises, results show

US consumers are exhibiting fragility ahead of the peak period...

ADB to support coral reefs ecosystem in four Asia-Pacific countries 

The Asian Development Bank (ADB) said Friday that it has...

Sri Lanka's inflation rises to 69.8pc in Sept 

Sri Lanka's inflation, as measured by the year-on-year change in...

India's key policy rate raised by 50 bps

The Reserve Bank of India's benchmark repo rate was raised...

German inflation hits highest level in over 25 years

German inflation was at its highest level in more than...

Philippine economy to grow more slowly than previously thought in 2022, IMF says

The Philippine economy will grow more slowly this year than...

World Bank forecasts Thai GDP growth at 3.1pc this year

Thailand's economy is expected to grow 3.1 per cent this...

ADB plans $14b to ease food crisis in Asia-Pacific region

The Asian Development Bank (ADB) announced plans to provide at...

Sri Lanka looks to revive free trade deal with Singapore

Sri Lanka will step up efforts to revive a stalled...

India's Adani Group to invest over $100b in next decade

India's Adani Group will invest more than $100 billion in...