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Productivity gains from AI could help offset Asia's ageing population problem, IMF saysArtificial intelligence stands as a promising solution to counterbalance the issues arising from decreasing workforces across Asia. The Int...
IMF says AI investment keeps global growth around 3%, with major Asia benefitsStrong investment in artificial intelligence infrastructure is helping keep global economic growth at around 3%, despite disruptions to ene...
Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisationThe outlook for Pakistan's economy appears optimistic, with anticipated growth rates of over 4% this fiscal year, spurred by strategic gove...
AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
World Bank in talks with 30-40 countries over aid to tackle Middle East energy shockThe World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global...
Rich countries on the debt frontline: How the Iran war is shifting world's risk map by squeezing America, Europe and JapanThe International Monetary Fund confronts increased borrowing costs and record debt levels among developed countries. As inflation rises, g...
World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
China has no need or intention to weaken yuan for trade edge, central bank saysChina's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays...
Gold edges higher after hitting a two-month lowGold prices are on the rise, up by 0.4% after a dip earlier this week. Investors are closely monitoring the upcoming interest rate decision...
IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billionThe International Monetary Fund has achieved a staff-level agreement with Pakistan for its lending programs. This agreement could potential...
IMF chief warns energy shock, growing debt and AI risks threaten global growthIMF chief Kristalina Georgieva warned that high energy prices, record public debt and the AI investment boom are fuelling inflation and thr...
Global Market: Hedge fund group warns BoE repo reforms could worsen market stressHedge fund group AIMA has warned the Bank of England that proposed gilt repo reforms, including wider central clearing, could reduce liquid...
IMF reaches staff-level deal with Sri Lanka for $345 million in financingThe International Monetary Fund has agreed to a $345 million financing deal with Sri Lanka. This deal is contingent upon the upcoming 2027 ...
Let exchange rate act as shock absorber: IMF on Fed hike impact on IndiaThe International Monetary Fund has noted the potential impact of the US Federal Reserve's interest rate hikes on global markets. This situ...
Pakistan's inflation remains in double digits as fuel, power costs bitePakistan's inflation eased to 10.3 per cent in September 2026, down from 11.1 per cent in August, but remained above the government's proje...
Fuel subsidies may top $1 trillion: UNThe UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found t...
India's forex reserves fall $18.3 bn as RBI steps in to defend rupeeIndia’s foreign exchange reserves fell $18.34 billion to $747.56 billion in the week ended September 25, marking the third consecutive week...
India's forex reserves fall $18.34 billion to $747.56 billion in week ended September 25India's foreign exchange reserves fell to $747.56 billion during the week that ended on September 25. This decline was primarily driven by ...
Colombia seeks IMF financing as government grapples with fiscal crisis: ReportColombia's government is engaging with the International Monetary Fund to secure financial assistance amid ongoing fiscal challenges. Presi...