Geopolitical risks are a top global threat to businesses, survey finds
A Chinese and US national flag hang on a fence at an international school in Beijing on December 6, 2018. (Photo by Fred DUFOUR / AFP) (Photo by FRED DUFOUR/AFP …
World economy
China should act to pull ‘sputtering’ economy back from brink: professor
A Nanjing Road pedestrian street on October 1, 2022 in Shanghai, China. Yan Daming | Visual China Group | Getty Images China’s authorities need to take decisive policy action to …
Niger coup draws condemnation from Russia and the West as regional body threatens force
NIAMEY, Niger – July 30, 2023: Coup supporters take to the streets carrying Nigerien and Russian flags after the army seized power in Niger. Balima Boureima/Anadolu Agency via Getty Images …
BOJ should move to new normal sooner, current policy is ‘very harmful’
Japan needs to transition sooner to a “new normal” as the country’s current ultra low interest rate policy regime has been “inappropriate” and “very harmful” for the economy, according to …
European Central Bank set to hike rates as it edges closer to a pivot point
Christine Lagarde, president of the European Central Bank. Bloomberg | Bloomberg | Getty Images FRANKFURT — The European Central Bank is set to hike rates once again on Thursday with …
Low Fed interest rates reshaped the U.S. economy; here’s what’s next
The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …
Chinese tourists are traveling but staying in China
Are you prepared? That was the question that many in the travel industry asked following China’s surprise reopening announcement in the final days of 2022. Many assumed that a torrent …
IMF raises global growth forecast despite China’s recovery ‘losing steam’
The International Monetary Fund on Tuesday raised its growth forecast for the global economy, turning slightly more positive despite slowing momentum from China. In the latest update to its World …
India’s rice export ban could send decade-high prices higher
Women planting rice seedlings in a paddy field in India’s northeastern state of Assam, July 5, 2023. Xinhua News Agency | Xinhua News Agency | Getty Images India banned the …
These countries saw highest hike in prime rents for H1 2023: Savills
Private apartments are seen against the backdrop of the Marina Bay Sands hotel and the Singapore Flyer observatory wheel in Singapore on March 23, 2022. Roslan Rahman | AFP | …