Loading...
The Financial Express

Search results for: global

How China’s ‘common prosperity’ drive may impact the world

How China’s ‘common prosperity’ drive may impact the world

-- 2021-10-07 10:53:41

China says its policies aimed at narrowing the widening wealth gap are precisely what it needs in this moment of its economic trajectory - but critics say it comes with even greater control of how...

How COVID-19 in Southeast Asia is threatening global supply chains

How COVID-19 in Southeast Asia is threatening global supply chains

-- 2021-10-06 19:03:32

Fresh coronavirus outbreaks in Southeast Asia have hurt factory activity across industries, threatening the region's recovery from the COVID-19 pandemic and disrupting global supplies of goods such as...

IMF trims global growth forecast for 2021 citing 'vaccine divide'

IMF trims global growth forecast for 2021 citing 'vaccine divide'

-- 2021-10-06 12:53:00

The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of 6 per cent, IMF chief Kristalina Georgieva said on Tuesday, citing risks associated w...

Moody's upgrades outlook on India to stable from negative

Moody's upgrades outlook on India to stable from negative

-- 2021-10-06 10:35:40

Ratings agency Moody's Investors Service on Tuesday upgraded its outlook on India to stable from negative, saying downside risks in Asia's third largest economy and its financial institutions have red...

Global tax deal drops ‘at least’ from proposed minimum of 15pc

Global tax deal drops ‘at least’ from proposed minimum of 15pc

-- 2021-10-05 21:48:12

An updated draft of a global corporate tax overhaul has dropped "at least" from a proposed minimum rate of "at least 15 per cent", possibly clearing a major hurdle for Ireland as negotiations enter a...

Emerging market 'cryptoisation' threatens financial stability: IMF

Emerging market 'cryptoisation' threatens financial stability: IMF

-- 2021-10-02 09:31:16

The advent of digital currencies in emerging markets could spark "cryptoization" of local economies, potentially undermining exchange and capital controls and upsetting financial stability, the Intern...

Zoom, Five9 to terminate nearly $15b all-stock deal

Zoom, Five9 to terminate nearly $15b all-stock deal

-- 2021-10-02 09:10:47

Five9 shareholders voted down the call centre software firm's $14.7 billion sale to Zoom Video Communications on Thursday, a major blow to Zoom's plan to expand its offerings following its pandemic bo...

US consumer spending increases

US consumer spending increases

-- 2021-10-02 08:46:54

US consumer spending surged in August, but outlays adjusted for inflation were weaker than initially thought in the prior month, reinforcing expectations that economic growth slowed in the third quart...

Asian factories hit by China slowdown, supply constraints

Asian factories hit by China slowdown, supply constraints

-- 2021-10-01 12:10:19

Asia's manufacturing activity was lacklustre in September as signs of slowing Chinese growth and factory shutdowns caused by the coronavirus pandemic weighed on the region's econom...

Foreign investors ask Indian regulator to delay quicker trade settlement plans

Foreign investors ask Indian regulator to delay quicker trade settlement plans

-- 2021-10-01 11:42:51

Foreign investors in India are pushing the country's market regulator to delay its plans to implement a quicker settlement of trades by bourses - a "complex and costly" move they s...

Delta slowing economic growth, increasing inequality in East Asia and Pacific: WB

Delta slowing economic growth, increasing inequality in East Asia and Pacific: WB

-- 2021-09-29 11:39:14

The East Asia and Pacific region's recovery has been undermined by the spread of the COVID-19 Delta variant, which is likely slowing economic growth and increasing inequality in the region, the Worl...

Economist magazine calls for Georgieva to quit IMF over WB data scandal

Economist magazine calls for Georgieva to quit IMF over WB data scandal

-- 2021-09-24 08:59:39

A former World Bank official who prepared reports at the center of a data-rigging scandal that aided China defended IMF chief Kristalina Georgieva on Thursday as the Economist magazine called for her...

Small-scale farmers getting pittance as wage is outrageous, says IFAD

Small-scale farmers getting pittance as wage is outrageous, says IFAD

-- 2021-09-23 20:17:02

President of the International Fund for Agricultural Development (IFAD) Gilbert F. Houngbo has said it is outrageous that rural small-scale farmers in developing countries, who grow one-third of the g...

China's overseas coal power retreat could wipe out $50b of investment

China's overseas coal power retreat could wipe out $50b of investment

-- 2021-09-22 18:33:50

China's pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing's own domestic coal program...

China Evergrande shares plummet to 11-year low

China Evergrande shares plummet to 11-year low

-- 2021-09-20 13:33:42

Shares of Evergrande on Monday plunged as much as 19 per cent to their lowest in over 11 years, extending losses as investors take a dim view of its business prospects with a fast approaching deadline...

Pandemic increases risks of illicit financial flows, UAE central bank says

Pandemic increases risks of illicit financial flows, UAE central bank says

-- 2021-09-19 19:42:32

The United Arab Emirates central bank sees increased risks of illicit financial flows emerging from the COVID-19 pandemic, including money-laundering and terrorism financing, it said in a report publi...

India seeks to welcome back overseas tourists

India seeks to welcome back overseas tourists

-- 2021-09-19 19:33:16

India on Sunday reported 30,773 new coronavirus infections in the past 24 hours, taking the total to 33.4 million, as it seeks to reopen the country to overseas tourists. The death toll rose by 309 t...

Saudi Arabia launches programme to develop human capabilities

Saudi Arabia launches programme to develop human capabilities

-- 2021-09-16 19:07:36

Saudi Arabia's Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud has launched the Human Capability Development Programme (HCDP), the Saudi Press Agency reported on Wednesday. It is one of the pr...

Shortages of basic goods hobble US economy

Shortages of basic goods hobble US economy

-- 2021-09-14 13:12:25

For Lauren Rash, it’s the little things that have snarled production at her tent factory here, like the many shades of black Velcro. Her company, Diamond Brand, just launched a new line of high...

Italy's employment improves in second quarter

Italy's employment improves in second quarter

-- 2021-09-14 11:51:10

Nearly 340,000 new jobs were created in the second quarter (Q2) of this year, up 1.5 per cent from the first quarter, data released Monday by the National Statistics Institute (ISTAT) showed. The mai...

Apple shares recover ground after court ruling slide

Apple shares recover ground after court ruling slide

-- 2021-09-14 10:14:19

Apple's shares inched higher on Monday after losing about $84 billion in market value in the previous session on the back of a US judge's mixed decision in the iPhone maker's fight with "Fortnite...

From zippers to glass -- Shortages of basic goods hobble US economy

From zippers to glass -- Shortages of basic goods hobble US economy

-- 2021-09-14 09:35:53

For Lauren Rash, it’s the little things that have snarled production at her tent factory here, like the many shades of black Velcro. Her company, Diamond Brand, just launched a new line of high...

Green investments to be part of EU budget rules review

Green investments to be part of EU budget rules review

-- 2021-09-12 09:28:05

The possibility of exempting “green” investments from EU deficit calculations will form part of discussions when EU budget rules are revised, European Commission Vice President Valdis Domb...

IMF to launch virtual mission to Belarus to gather information about economic developments

IMF to launch virtual mission to Belarus to gather information about economic developments

-- 2021-09-11 10:47:52

The International Monetary Fund on Friday said it would begin a virtual mission to Belarus, amid concerns raised about the global lender's disbursement of new emergency reserves to the government of p...

China's Ximalaya drops US IPO plans

China's Ximalaya drops US IPO plans

-- 2021-09-10 10:32:25

China's largest online audio platform Ximalaya said on Thursday it had decided not to proceed with its plans for an initial public offering (IPO) in the United States. The mov...

Chaos bleeding Libya's economy

Chaos bleeding Libya's economy

-- 2021-09-10 08:37:36

Libya should reunify its fragmented economic system and public funds if it stands any hope of ending a decade of violent division, however, strikes in direction of that purpose are making gradual prog...

Racial inequities cost US economy more than $50tn since 1990, researchers say

Racial inequities cost US economy more than $50tn since 1990, researchers say

-- 2021-09-09 10:51:22

Racial and ethnic inequities have cost the US economy some $51 trillion in lost output since 1990, San Francisco Federal Reserve President Mary Daly said Wednesday, citing data from a paper she and th...

Coinbase lending product targeted

Coinbase lending product targeted

-- 2021-09-09 10:30:43

The US Securities and Exchange Commission has told Coinbase Global Inc that it plans to sue the cryptocurrency exchange if it goes ahead with plans to launch a programme allowing users to earn in...

US employers struggle to find workers

US employers struggle to find workers

-- 2021-09-09 08:45:27

US job openings raced to a new record high in July while layoffs rose moderately, suggesting last month's sharp slowdown in hiring was due to employers being unable to find workers rather than weak de...

101 countries depend on commodity exports

101 countries depend on commodity exports

FE ONLINE REPORT 2021-09-08 16:18:03

Commodity dependence increased from 93 countries in 2008–2009 to 101 countries in 2018–2019 over the last decade, according to the latest report of the United Nations Conference on Trade a...