Officials have in recent weeks unveiled a string of measures to reignite the world's number-two economy and bring an end to years of depressed business activity with an eye to achieving five percent annual growth

Key among the reforms was the announcement that the IBRD's minimum equity-to-loans ratio will fall to 18 percent from 19 percent, which will generate $30 billion in additional financing

"You make it so high, so horrible, so obnoxious" companies will "come right away," Trump said.

Global public debt is expected to reach a record $100 trillion this year, the IMF said Tuesday, warning that the fiscal outlook for many countries may be even “worse than expected.”

Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5 percent in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday.

The Nobel committee has put the spotlight back on global inequalities. Bestowing its prestigious economics prize on Daron Acemoglu, Simon Johnson and James A Robinson,  is a reminder that income disparities among and within nations are just as important as climate change, the AI “revolution” and ageing societies.

A delegation of the US-based LNG company calls on chief adviser

With AI-supported innovations such as searches on ChatGPT now requiring at least four to five times more processing capacity compared with traditional internet searches, data centre demand is expected to grow at around 20 per cent a year for the next five to seven years, analysts at Maybank noted in an October report

Citi’s analysis, a portion of which was seen by Reuters and has not been previously reported, shows the bank has been grappling with a shortage of skilled personnel, finding at times that it did not have the right training and assessment tools to fix its regulatory challenges.

The US central bank kicked off its rate-cutting cycle last month with a large cut of half a percentage-point, noting the progress made in bringing inflation down toward its long-run target of two percent

Both main oil contracts dropped around three percent in early exchanges, after the Washington Post reported that Netanyahu had pledged to target Iran's military rather than its crude and nuclear sector

Released a week before the IMF and World Bank hold annual meetings in Washington, the Fiscal Monitor said there are good reasons to believe future debt levels could be well higher than currently projected, including a desire to spend more in the US, the world's largest economy.

China’s export growth slowed sharply in September while imports remained sluggish, data showed Monday, as authorities wait for recent stimulus measures to perk up weak domestic demand.

Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.

The Central Intelligence Cell (CIC) of the National Board of Revenue (NBR) is looking into allegations of tax evasion and illegal transfer of money abroad, including to the United Kingdom, by former land minister Saifuzzaman Chowdhury.

Data released from the Office of Textiles and Apparel (OTEXA) showed the fall

While the rate is expected to tick up again towards the end of the year, the sense that consumer prices are back under control has grown

The world's largest contract chipmaker, whose customers include Apple and Nvidia,has benefited from the surge towards AI.

"There is much that low-income economies can -— and must -— do for themselves," the World Bank's deputy chief economist, Ayhan Kose, said in a statement

China’s passenger vehicle sales rose 4.3 percent in September from a year earlier, snapping five months of decline with a boost from a government subsidy to encourage trade-ins as part of a broader stimulus package.