World Bank cuts global growth outlook as trade expansion falters

2019-01-09 07:31

The World Bank cut its forecast for the global economy as slowing growth in trade and investment and rising interest rates sapped momentum, especially in emerging markets.

WATCH: Oil prices trumble

2018-12-19 07:44

Oil prices fell 4% on Tuesday after reports of swelling inventories and forecasts of record US and Russian output combined with a sharp sell-off in stock markets.

The populist threat to growth

2018-11-21 15:15

Populism is having an impact on global economies and markets, with implications that must be ?understood by investors.

Tremors rattling world economy: The key highlights from IMF talks

2018-10-15 13:47

Woken one night by a 6.4 magnitude earthquake at the IMF annual meetings in Bali, global finance chiefs have spent the week assessing the tremors now rippling through the world economy.

Turkey calls for global resistance to US economic attacks

2018-09-08 13:37

Turkey’s finance chief says the imposition of sanctions by the US is politically motivated, and called on other nations to form a united front against such actions.

US wage gains pick up to 2.9% while payrolls rise 201 000

2018-09-07 15:20

American wages unexpectedly climbed in August by the most since the recession ended in 2009 and hiring rose by more than forecast.

US, Mexico may reach Nafta deal as soon as Monday

2018-08-27 06:45

The US and Mexico are close to resolving bilateral differences on Nafta and may wrap up as soon as Monday, clearing the way for Canada to possibly return to talks to update the three-nation trade pact.

Kganyago: We will all be losers in trade wars

2018-07-19 19:01

Small open economies like South Africa are likely to suffer from global trade wars, Reserve Bank Governor Lesetja Kganyago has said.

EU said to see trade apocalypse nearing as it seeks WTO revamp

2018-06-25 06:02

The global trade war is about to get worse, according to an internal memo circulated among European Union governments.

OPEC on tightrope as output target talks prompt clash

2018-06-22 16:36

OPEC energy ministers scrambled to hammer out a compromise on oil output policy Friday as they debated a Saudi proposal to ramp up production.


WATCH: Trump says 'big progress' on deal as China factory activity shrinks

2019-01-01 12:21

China's factory activity contracted for the first time in over two years in December, highlighting the challenges facing Beijing as it seeks to end a bruising trade war with Washington.

May to tell G-20 her Brexit deal is good for the world economy

2018-11-30 09:58

UK Prime Minister Theresa May headed to the Group of 20 summit in Argentina with a message for world leaders: Her Brexit deal is good for the global economy.

Goldman says 'fear' is back as gold gains on recession angst

2018-10-30 08:52

The Goldman Sachs Group says gold is benefitting as stocks slide and investors fret more about the possibility that the US economy may tumble back into recession.

China is said to cancel trade talks as new US tariffs loom

2018-09-22 09:31

China has called off planned trade talks with the US and is unlikely to sit down with Washington until after the mid-term elections, according to people familiar with the situation.

What happened this week in the world economy and what it means

2018-09-07 21:59

Investors are fast losing faith in emerging markets, adding to pressures on policy makers whose fights with inflation and currency routs are getting more serious.

China's Xi looks to Africa to counter criticism of aid efforts

2018-09-02 12:35

President Xi Jinping is expected to use a gathering of dozens of African leaders in Beijing to push back against criticism that China’s vast development initiatives risked saddling emerging economies with debt.

China meets Trump’s tariff hardball with pledge to endure

2018-08-06 13:26

After a weekend of claims by US President Donald Trump that he has the upper hand with China, Beijing responded through state media by saying the nation is ready to endure the economic fallout.

WATCH: Ethical investment - an oxymoron?

2018-07-13 16:34

How should investment managers handle clients demanding sustainable investments, but ones that still give returns?

Saudi women driving could add $90bn to economy by 2030

2018-06-24 11:56

Allowing Saudi women to drive could help the kingdom reap as much income as selling shares in Saudi Aramco.

Merkel hits back as Trump doubles down on German crime figures

2018-06-19 19:29

The German Chancellor responded to Trump’s repeat assertions that crime has risen in Germany as a result of her liberal stance on migration, citing 'encouraging' statistics that show the opposite to be true.

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