G20 financial chiefs flag global economic 'soft landing', warn of risks from war

G20 financial leaders said on Friday the global economy was likely heading for a "soft landing", but warned wars and escalating conflicts could endanger this outlook, while more global cooperation ... Read More

IMF Forecasts Slower US Growth, Higher-for-Longer Global Interest Rates

The International Monetary Fund released a fresh outlook for the global economy, forecasting a decline in U.S. growth next year while also warning that stubborn inflation may keep global interest ... Read More

Pandemic Fund by World Bank draws over $700 mln from US, Germany

The World Bank's fund to help developing countries better prepare for pandemics has raised $667 million from the United States and $54 million from Germany, moving it closer towards its goal of ... Read More

World Bank and Barclays raise GDP forecast for country

Foreign institutions have raised their forecasts for China’s economic growth this year amid its better-than-expected first-quarter performance, strong ... and the World Bank changed its forecast ... Read More

World Bank Group Ramps Up Fight Against Global Hunger

Expanded ambition and partnership with the G20 Global Alliance Against Hunger and Poverty to reach at least 500 million people in need Rio de Janeiro, Brazil, July 24, 2024 – The World Bank Group ... Read More

ADB raises growth forecast for developing Asia to 5.0 per cent, calls India as the region's fastest-growing economy

The Asian Development Bank (ADB) has kept the Indian economic growth forecast unchanged at 7 percent for the fiscal year 2024 in the latest Asian Development Ou ... Read More

IMF raises India's GDP growth forecast by 20 basis points to 7% for FY25

Global growth projection put at 3.3% for calendar year 2025; energy and food price inflation 'almost back' to pre-pandemic levels ... Read More

Global Growth Steady Amid Slowing Disinflation and Rising Policy Uncertainty

As in April, we project global inflation will slow to 5.9 percent this year from 6.7 percent last year, broadly on track for a soft landing. But in some advanced economies, especially the United ... Read More

IMF raises India growth forecast for FY24 to 6.3%

Other multilateral agencies, such as the Asian Development Bank (ADB), expect India to grow 6.4% during 2023-24. In its latest World Economic Outlook (WEO), IMF raised its US growth projection for ... Read More

Live news: EasyJet reassures on flight demand

EasyJet reassured investors that demand for travel was strong as it reported rising profits and forecast that airfares would hold steady during the key summer months. The update from the UK low-cost ... Read More

Fast Retailing raises FY24 forecast after strong Q3

The company says its revenue fell slightly short of its local-currency-based forecasts, while operating ... businesses performed well, its global brands including Theory, PLST and Comptoir des ... Read More

World Bank, Barclays raise GDP forecast for nation

Foreign institutions have raised their forecasts for China's economic growth this year amid the nation's better-than-expected first-quarter performance, strong policy stimulus and resilience in ... Read More