Global economy

Global economy

A man carries a propane gas cylinder while walking through debris in the Jabalia camp in Gaza City on Oct. 11. Photographer: Mahmud Hams/AFP/Getty Images

Wider war in Middle East could tip the world economy into recession

The Hamas attack and Israel’s response are taking a heavy human toll. A global economic downturn may follow.

A trader works at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022. REUTERS/Andrew Kelly

Asian markets build on global rally as Fed pause hopes grow

FILE PHOTO: Mastercard President and CEO Ajay Banga speaks to attendees during the Department of Homeland Security's Cybersecurity Summit in Manhattan, New York, U.S., July 31, 2018. REUTERS/Eduardo Munoz/File Photo

World Bank chief vows to tackle 'dysfunctionality' at development lender

Indermit Gill is Chief Economist and Senior Vice President for Development Economics at the World Bank. M Ayhan Kose is Deputy Chief Economist and Director of the Prospects Group at the World Bank. Illustration: TBS

A tragedy is unfolding in the poorest countries

Govt can't be solely blamed for rising inflation: State minister

Govt can't be solely blamed for rising inflation: State minister

A visitor wearing protective face mask, following an outbreak of the coronavirus, walks past in front of a stock quotation board outside a brokerage in Tokyo, Japan 2 March 2020. REUTERS/Issei Kato/Files

Most Asian markets in retreat as US inflation data looms

FILE PHOTO: Model of natural gas pipeline and rising stock graph, July 18, 2022. REUTERS

Asian markets mostly drop as oil spike fuels fresh inflation worry

A man wearing a protective mask amid the coronavirus disease (COVID-19) outbreak, looks at a board displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan June 16, 2022. REUTERS/Kim Kyung-Hoon

Most markets sink as China rate cut fails to ease economy worries

Representational Image. File photo

India imposes 40% export duty on onions with immediate effect

China's hidden financial dangers erupt with shadow bank crisis

China's hidden financial dangers erupt with shadow bank crisis

Chattogram port jetty. File Photo: Mohammad Minhaj Uddin/TBS

Ship arrival at Ctg port shrinks amid trade slump

FILE PHOTO - An investor stands in front of an electronic board showing stock information at a brokerage house in Shanghai, China, August 24, 2015. REUTERS/Aly Song

Asian shares hesitant on China inflation data, US bank jitters

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries' stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon

Asian markets down as data shows China trade weak