Friday, March 20, 2026
Economy
IMF proposes US Treasury official as second-in-command
Washington (AFP) - The IMF has proposed appointing the US Treasury Department's chief of staff as its new number-two official,...
Costs of Russian, Chinese cyberattacks on German firms on rise: report
Berlin (AFP) - Cyberattacks and sabotage, mainly from Russia and China, have caused record damages for German firms this year,...
Bank of England holds rate as inflation stays high
London (AFP) - The Bank of England kept its key interest rate at four percent Thursday, as elevated UK inflation...
Canada central bank cuts key lending rate citing Trump tariffs
Toronto (Canada) (AFP) - Canada's central bank cut its key lending rate on Wednesday, offering a boost to borrowers in...
US Treasury official expected to be named IMF’s second-in-command: source
Washington (AFP) - The US Treasury Department's chief of staff is anticipated to join the International Monetary Fund (IMF) in...
AI may boost global trade value by nearly 40%: WTO
Geneva (AFP) - Artificial intelligence could boost the value of global trade by almost 40 percent by 2040 thanks to...
EU says India’s Russian oil purchases, military drills hinder closer ties
Brussels (Belgium) (AFP) - India's participation in military exercises with Moscow and its purchases of Russian oil "stand in the...
US Fed set for first rate cut of 2025 as Trump pressure looms
Washington (AFP) - The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday,...
Lower shipments to US, China weigh on Singapore August exports
Singapore (AFP) - Singapore's exports slid again in August according to official figures out Wednesday, as shipments to its biggest...
US retail sales beat expectations in August despite tariffs
Washington (AFP) - Retail sales in the United States were hotter than expected in August, government data showed Tuesday, although...
We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.