The upward revision reflects upgrades for China, the IMF said, where it expects policy stimulus to provide support.
The French economy grew more than expected in the first quarter, official data showed on Tuesday, delivering good news to a government facing scrutiny over the country's huge debt pile.
The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza, but "there is plenty to worry about,'' including stubborn inflation and rising levels of government debt.
I'm Chris Anstey, a senior editor in Boston, and today we're looking at
I'm Chris Anstey, a senior editor in Boston, and today we're looking at
The German private sector returned to growth at the start of the second quarter, the latest HCOB ‘flash’ PMI® survey compiled by S&P Global showed, driven by a solid rise in services business activity. Although manufacturing remained in contraction, the rate of decline in factory production eased
Using firm-level data from the global supply network, researchers from the Complexity Science Hub (CSH) quantified countries' exposure to production losses caused by firm defaults in other countries. According to their findings, wealthy nations are only exposed to supply chain disruptions from other high-income countries, while poor and developing nations are exposed to shocks from all countries.
Guatemala City, Apr 28 (Prensa Latina) The Bank of Guatemala (Banguat) today projects a 5% growth in exports for 2024, which represents a recovery from last year's 9.4 percent drop. The post Guatemala forecasts 5% export growth in 2024 first appeared on Prensa Latina.
Global financial uncertainty has prompted the Treasury to downgrade its growth forecasts for major economies ahead of the federal budget. Geopolitical tensions in the Middle East as well as a slowdown in China has led to the rethink on global economies, with Treasurer Jim Chalmers warning of a “fraught and fragile” outlook internationally. China’s growth […]
Smartphone global shipments have reached double digit growth for the first time since 2021. The biggest winner year-over-year in Q1 was Transsion followed by Xiaomi, the popular Chinese manufacturer.
LPL Research strategists discuss heightened geopolitical risks impacting
Global share buybacks dipped by 14 per cent last year to $1.1 trillion (£880bn) despite record dividend issuance from global companies.