Europe's banking sector could withstand a severe economic downturn without depleting their financial buffers against losses, the European Central Bank said Friday.
A survey of...
Mauritius’s central bank plans to purchase foreign currency in the domestic market to boost its reserves and provide a stronger buffer against external shocks.
The...
China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution tasked with boosting the world’s second-largest...
Morgan Stanley raised its economic growth forecast up this week, citing a "boom in large-scale infrastructure" driven by President Biden’s Infrastructure bill, according to...
Canadian retail sales underperformed expectations in May and were likely unchanged in June, data showed on Friday, pointing toward a slowdown in economic growth...
As the reporting season for the second quarter approaches, businesses with exposure to China's economy are on edge due to its sluggish growth. Companies...
China’s cautious consumer confidence has been a “a dampener” for its fragile recovery, according to Albert Park, chief economist at the Asian Development Bank.
On...
China’s economic recovery continued to lose steam in the second quarter of 2023, prompting urgent calls for more stimulus from Beijing.
The world’s second largest...
The United States is courting India for its growing economic influence and also considering the latter as an indispensable accomplice in their rivalry with...
Honduran economic growth is seen slowing to about 3% in 2023, the International Monetary Fund (IMF) estimated in a statement issued on Friday, pointing...