"They are concerned because the U.S. is the biggest economy in the world because it trades with all of them because it has massive financial consequences for them as well. It was an international concern that was expressed," said Lagarde. Lagarde has …

Global coal consumption is expected to rise by 25 per cent by the end of the decade to 4,500 million tonnes of oil equivalent, overtaking oil at 4,400 million tonnes, according to Woodmac in a presentation on Monday at the World Energy Congress.

The longer Beijing delays the transition to consumer-led growth, the greater the risk that excessive investment will eventually result in a hard landing that would be bad for China and for the global economy. "You choose when to take your pain," Lawson …

WASHINGTON — Worries about a possible U.S. debt default cast a pall over weekend meetings of global financial leaders in Washington. But they ended with some hope over signs that the U.S. and European economies are pulling out of long slumps.

WASHINGTON (Reuters) – The International Monetary Fund expressed guarded optimism about the state of the global economy on Tuesday, even as it trimmed its forecasts for output and warned about the catastrophic impact of a potential U.S. debt default.

SINGAPORE: Finance leaders from around the world have warned that an unprecedented US debt default would seriously threaten the global economy. And Singapore's Tharman Shanmugaratnam, who is the Chairman of the International Monetary and …

“The unilateral economic sanctions imposed on the Islamic Republic of Iran, especially in oil and gas sectors, have seriously challenged the fragile global economy,” Iranian Economy Minister Ali Taieb Nia told the joint annual meetings of the World …

THE world economy is like a seesaw. What was down comes up and what was up comes down. This has the effect of creating new difficulties and new opportunities. But, overall, the story that the International Monetary Fund tells in its latest World …

The longer Beijing delays the transition to consumer-led growth, the greater the risk that excessive investment will eventually result in a hard landing that would be bad for China and for the global economy. "You choose when to take your pain," Lawson …