Economy

Japan's Greenhouse Emissions Fall to Record Low; 5.1% Drop Marks Seven Consecutive Years of Decline

Japan raises its climate goal marked in April 2021 and vows to achieve the 2030 target of reduced emissions by 46 percent

Apr 15, 2022

By Medha Bhagwat

Asia stocks rise before central bank meetings, oil bounces

Asian Economies Tighten Monetary Policy; Raise Interest Rates Amid Soaring Inflation

South Korea and Singapore have tightened their monetary policies amidst risks from Ukrainian War.

Apr 14, 2022

By Medha Bhagwat

Ukraine Says Economy Poised to Shrink a Whopping 40% in 2022 Due to Russia War

Earlier in March, the International Monetary Fund had said that Ukraine's economy was expected to contract by 10 percent in 2022.

Apr 2, 2022

By IBTimes APAC Desk

Fed Will Raise Interest Rates More Aggressively if Needed, Says Powell

Fed policymakers hope to rein in inflation without stomping on growth or sending unemployment back up.

Mar 22, 2022

By Reuters

Sanctions Will Rebound on West, Russia Will Emerge Stronger, Says Putin

Russia has banned exports of telecom, medical, auto, agricultural, electrical and tech equipment, among other items, until the end of 2022.

Mar 11, 2022

By Reuters

Hefty Reserves, Budget Surplus and Low Debt: Russia Says It Will Beat Western Sanctions

If new sanctions target Russian energy companies, Russia would be ready to re-route its supplies to other markets, says the finance minister.

Feb 17, 2022

By Reuters

Cryptocurrency: India Imposes 30% Tax on Crypto Income, RBI To Introduce Digital Rupee in 2022-23

India to introduce new digital rupee in 2022-23.

Feb 1, 2022

By Trishna Das

Fed Signals Raising Interest Rates in March as Inflation Surges; Three Rate Hikes This Year?

The Fed is on track to conclude its asset purchase program in mid-March as it exits from the ultra-loose monetary policy enacted at the start of the pandemic.

Jan 15, 2022

By IANS

Gloomy Outlook for Global Recovery, World Economic Forum Survey Finds

Climate change was seen as the number one danger by respondents in the WEF's annual risks report.

Jan 11, 2022

By Reuters

Coronavirus

US economy expands 1.4% in fourth quarter; corporate profits fall

US Goods Trade Deficit Hits a Record as Exports Decline 2.1%

The goods trade deficit widened last month by 17.5% to $97.8 billion from $83.2 billion in October, the Commerce Department said.

Dec 29, 2021

By Reuters

World Economy to Top $100 Trillion in 2022; China to Overtake US in 2030

India looks set to overtake France next year and then Britain in 2023 to regain its place as the world's sixth biggest economy.

Dec 26, 2021

By Reuters

Coronavirus

US Senate Approves Raising of Debt Ceiling to $31 Trillion as Default Looms

The upper chamber on Tuesday voted 50-49 along party lines to raise the debt limit to roughly $31 trillion.

Dec 15, 2021

By IANS

Goldman Sachs Cuts US GDP Growth Forecast for 2022 Over Omicron Fears

The firm now sees 2022 gross domestic product (GDP) growth of 3.8%, down from 4.2% previously on a full year basis,

Dec 5, 2021

By Reuters

US Treasury Close to New Debt Ceiling, Government to Run Out of Cash in December

The debt ceiling is the entire quantity of cash that the US authorities is authorised to borrow to meet its current authorized obligations.

Dec 1, 2021

By IANS

Standoff Ends, US Democrats Pass $1 Trillion Infrastructure Bill

The "Build Back Better" package includes provisions on child care and preschool, eldercare, healthcare, prescription drug pricing and immigration.

Nov 6, 2021

By Reuters

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BLOGS AND FEATURES

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

By IBTimes SG Desk

Previous 1 of Next

Economy

Japan's Greenhouse Emissions Fall to Record Low; 5.1% Drop Marks Seven Consecutive Years of Decline

Asian Economies Tighten Monetary Policy; Raise Interest Rates Amid Soaring Inflation

Ukraine Says Economy Poised to Shrink a Whopping 40% in 2022 Due to Russia War

Fed Will Raise Interest Rates More Aggressively if Needed, Says Powell

Sanctions Will Rebound on West, Russia Will Emerge Stronger, Says Putin

Hefty Reserves, Budget Surplus and Low Debt: Russia Says It Will Beat Western Sanctions

Cryptocurrency: India Imposes 30% Tax on Crypto Income, RBI To Introduce Digital Rupee in 2022-23

Fed Signals Raising Interest Rates in March as Inflation Surges; Three Rate Hikes This Year?

Gloomy Outlook for Global Recovery, World Economic Forum Survey Finds

US Goods Trade Deficit Hits a Record as Exports Decline 2.1%

World Economy to Top $100 Trillion in 2022; China to Overtake US in 2030

US Senate Approves Raising of Debt Ceiling to $31 Trillion as Default Looms

Goldman Sachs Cuts US GDP Growth Forecast for 2022 Over Omicron Fears

US Treasury Close to New Debt Ceiling, Government to Run Out of Cash in December

Standoff Ends, US Democrats Pass $1 Trillion Infrastructure Bill

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

ECB Estimates Eurozone Inflation to be Above 3% next Year; Another Rate Hike on the Cards

ECB Estimates Eurozone Inflation to be Above 3% next Year; Another Rate Hike on the Cards

Economists Cut Ailing Chinese Economy's Growth Rate This year to 5% From 5.5%

Economists Cut Ailing Chinese Economy's Growth Rate This year to 5% From 5.5%