Global economy

Global economy

The South Korean-operated vessel HMM NAMU is docked after being damaged from a fire following an explosion in the Strait of Hormuz, at a port in Dubai, United Arab Emirates, Friday, May 8, 2026. Photo: Kim Sang-hun/AP via UNB

UN sees weaker global economy in 2026 as energy crisis deepens

UN economists said global GDP growth is now forecast at 2.5% for 2026, down from 2.7% in January, and they said it could fall to only 2.1% “in a more adverse scenario

German and Chinese national flags flutter in front of a hotel where a press conference by German Foreign Minister Annalena Baerbock is held, in Beijing, China, 2 December, 2024.Photo: Reuters

Germany wants deeper, fairer economic cooperation with China, Merz tells Chinese Premier Li

Gold bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. Photo: REUTERS/Angelika Warmuth

Markets in 2025: Gold, goldilocks and the dollar bears

First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath participates in a seminar during the 2025 annual IMF/World Bank Spring Meetings in Washington, DC, US, April 25, 2025. Photo: REUTERS/Elizabeth Frantz/File Photo

World 'dangerously dependent' on US stock market, former IMF economist Gita Gopinath warns

Bangladesh pivots to Asia, seeks stronger trade ties amid global shifts

Bangladesh pivots to Asia, seeks stronger trade ties amid global shifts

Representational image. Photo: Collected

Dollar drifts ahead of Trump's return to the White House

People stand near Black Friday signage in shop windows during Black Friday on Oxford Street in London, Britain, November 25, 2022. REUTERS/Henry Nicholls/File Photo

UK economy in October suffers first back-to-back declines since 2020

A man counts Pakistani banknotes along a roadside in Islamabad, Pakistan, November 16, 2017. REUTERS/Faisal Mahmood

Indian rupee's demand dips in Bangladesh

International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks at an opening press conference during the IMF and World Bank's 2019 Annual Fall Meetings of finance ministers and bank governors, in Washington, US October 17, 2019. File Photo: Reuters

IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

An electronic stock quotation board is displayed inside a conference hall in Tokyo, Japan November 1, 2021. REUTERS/Issei Kato

Asian markets battle to recover from tech rout after US data

Representational image of GDP growth. Photo: Freepik

Sorting countries between rich and poor is complicated

A pedestrian wearing a face mask walks near an overpass with an electronic board showing stock information, following an outbreak of the coronavirus disease (COVID-19), at Lujiazui financial district in Shanghai, China March 17, 2020. Photo:Reuters

Asian markets down as traders eye US jobs report

Photo: REUTERS/Umit Bekta

Turkey to reduce inflation to single digits, Erdogan says