G7 finance ministers, central bankers to discuss health of global economy

Last Updated: Wednesday, May 27, 2015, 11:14

Finance ministers and central bank governors of the Group of Seven wealthiest nations meet in Dresden will start on Wednesday to discuss the health of the global economy and financial regulation, with Greece also certainly on the agenda.

G7 finance ministers, central bankers to meet in Dresden

Last Updated: Tuesday, May 26, 2015, 18:22

Finance ministers and central bank governors of the Group of Seven wealthiest nations meet in Dresden this week to discuss the health of the global economy and financial regulation, with Greece also certainly on the agenda.

Global energy subsidies to hit $5.3 trillion this year: IMF

Last Updated: Tuesday, May 19, 2015, 11:01

The report estimated that this year's energy subsidies represent 6.5 percent of the global economy, likely exceeding government health spending across the world.

Weekahead: Euro zone set to report solid growth, for a change

Last Updated: Sunday, May 10, 2015, 14:00

With optimism building that the United States is already recovering smartly from another horrible start to the year, focus will shift this week to reports that may show the euro zone is finally shaking off half a decade of torpor.

Chinese exports facing mounting pressures: Govt

Last Updated: Tuesday, May 5, 2015, 22:42

Amid slow recovery of the global economy and some countries resorting to currency depreciation, China Tuesday said it is facing mounting challenges like boosting its declining exports this year.

Oil hits 2015 highs after first U.S. hub stock draw in five months

Last Updated: Thursday, April 30, 2015, 02:25

Oil prices hit the highest this year on Wednesday after the first crude stock draw in five months at the U.S. Cushing, Oklahoma hub suggested an oil glut may be starting to ease.

How China is upsetting the old global economic order

Last Updated: Sunday, April 19, 2015, 18:21

With its huge new infrastructure bank and its ambitions for a globalised renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.

G-20 finance officials confronting global weakness

Last Updated: Saturday, April 18, 2015, 00:11

Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring US dollar to a big drop in oil prices.

G20 strikes hopeful tone, but officials fret over Greece

Last Updated: Friday, April 17, 2015, 22:14

The G20, however, sounded guardedly optimistic the global economy was poised for at least a modest recovery.

IMF: Global economy steady but risks abound

Last Updated: Tuesday, April 14, 2015, 23:51

The International Monetary Fund said Tuesday that the global economy remains tepid, with slowdowns in emerging markets offsetting progress in the Japanese and European economies.

IMF sees global economy steady; Japan, Europe improve

Last Updated: Tuesday, April 14, 2015, 19:08

The International Monetary Fund said Tuesday that the Japanese and European economies were picking up pace as it stuck to its forecast for moderate global growth this year and next.

IMF's Lagarde sees 'new reality' of mediocre growth

Last Updated: Thursday, April 9, 2015, 20:24

Mediocre economic growth could become the "new reality," leaving millions stuck without jobs and increasing the risks to global financial stability, the head of the International Monetary Fund warned on Thursday.