The global economy is experiencing "transitions on an epic scale", the International Monetary Fund managing director said on Thursday, warning that turbulence in emerging markets could knock 0.5 to 1 percentage point off their growth. Christine Lagarde …

As the engine of the global economy shifts to Asia, a greater responsibility is placed on regional groups such as the Asia-Pacific Economic Cooperation ( APEC) to drive ahead development not only for its members but for the world in general. Such …

NEW YORK — Five years after U.S. investment bank Lehman Brothers collapsed, triggering a global financial crisis and shattering investor confidence, families in major countries around the world are still hunkered down, too spooked and distrustful to …

BALI, Indonesia, Oct. 5 (Xinhua) — Leaders of APEC members will meet in Bali, Indonesia on Monday, expectedly to work out effective strategies to lift the world economy out of its current downturn and put it back on a path of sound and sustainable growth.

The first day of the Global Irish Economic Forum has been held at Dublin Castle. 270 members of the forum from 40 countries are meeting Ireland-based business and political leaders to discuss policy initiatives to increase job creation in Ireland. It …

The global economy is experiencing "transitions on an epic scale", the International Monetary Fund managing director said on Thursday, warning that turbulence in emerging markets could knock 0.5 to 1 percentage point off their growth. Christine Lagarde …

… doesn't succeed in raising the legal debt ceiling, that would be much worse. Lagarde pointed out that a failure to allow a higher government borrowing limit would not only affect the American economy but could also seriously jeopardize the global …

Shares in New York fell sharply on Thursday after the US Treasury warned that the budget fight between Republicans and Democrats in Washington risked plunging the world's biggest economy into its worst slump since the Great Depression. President …

The International Monetary Fund says the global economy could be seriously damaged if the U.S. does not increase its borrowing limit and avoid defaulting on its financial obligations. The IMF's managing director, Christine Lagarde, told a Washington …