But based on trade data for the first four months of the year, which saw exports and imports contracting 2.7% on the back of continued weakness in the global economy and softening commodity prices, he said Malaysia's trade growth would likely end 2013 …
The renewed turmoil on global financial markets, which saw major falls on Asian markets and a one percent downturn on Wall Street yesterday, underscores the fact that none of the problems that erupted in the 2008 meltdown have been overcome. On the …
ederal Reserve Chairman Ben Bernanke's announcement this week that the central bank could begin winding down its stimulus program initially seemed like good news. After all, the impetus behind the tapering, as it is known, is that the U.S. economy is …
June 12, 2013 – The world economy appears to be getting back on its feet as risks from advanced economies ease. Growth in the developing world will remain solid, albeit slower than the frenetic growth rates seen during the pre-crisis boom period, as …
Solar Power. Renewable energy will provide more of the world's electricity than gas-fired power plants by 2016, the International Energy Agency has said, as sources such as hydro, wind and solar power grow rapidly in emerging economies, especially China.
Business executives in North America are more positive than those elsewhere about their own countries' economic prospects, according to a report on global economic conditions released Friday. But those executives are more uneasy about the world …
If you needed a sign that the global economy is not going along with the program engineered by massive central bank liquidity, look no further than Oracle. The company's shares are down eight percent as earnings fell short for the second quarter in a row.
The Bank for International Settlements acts as a financial clearinghouse for most large central banks, including the Fed and the E.C.B., and as a forum for central bankers to discuss policy issues. It uses its annual report to take stock of the global …
For four-and-a-half years the global economy has had an extraordinary boost, that of quantitative easing (QE) by the US Federal Reserve (Fed). The Fed has been buying US$85bn worth of bonds a month, providing an artificial high to global markets, which …