US asks China to fast-track reforms, refrain from devaluation

Last Updated: Saturday, September 5, 2015, 12:53

As the world leaders expressed concern here over slowdown in China dragging down the global economic growth, the US Treasury Secretary Jacob Lew has told his Chinese counterpart to ensure that the currency is allowed to move freely as per market forces.

IMF's Lagarde sees weaker-than-expected global economic growth

Last Updated: Tuesday, September 1, 2015, 13:56

"Overall, we expect global growth to remain moderate and likely weaker than we anticipated last July," Lagarde said.

Structural reforms must to spur global economic growth: Experts at WEF meet

Last Updated: Wednesday, January 21, 2015, 18:44

Calling for structural reforms to bolster global growth, business leaders and experts Wednesday emphasised that politicians need to do their work rather than just depend on monetary policies.

World stocks drop after new signs of slower growth; oil rebounds

Last Updated: Tuesday, December 2, 2014, 04:06

World stock markets fell on Monday as slowing factory activity in China and Europe added to worries about weaker global growth and Apple shares dropped, while the yen hit a seven-year low against the dollar before recovering.

Gold price down on low investor interest, signs of economic growth

Last Updated: Thursday, January 16, 2014, 20:10

Gold last traded down 0.2 percent at USD 1,238.50 an ounce Thursday. It touched a one-month peak of USD 1,255.00 on Tuesday.

Global economic growth hits 32-month high in October: PMIs

Last Updated: Wednesday, November 6, 2013, 23:52

Global economic growth accelerated in October to a 32-month high, bolstered by a solid improvement in new business, a survey showed on Wednesday.

IMF cuts global economic growth rate for third time in year

Last Updated: Wednesday, July 10, 2013, 23:48

According to CNN, in an update to its World Economic Outlook, the IMF said it now expects world output to expand by just 3.1 percent in 2013, down from 3.3 percent in April.

'Asian travellers may make 1/3rd of travel spend by 2020'

Last Updated: Tuesday, March 12, 2013, 15:16

Asian travellers are likely to account for one third of the world's travel spend by 2020 as mid-size cities in emerging markets -- mainly in India and China -- will account for 40 percent of global economic growth, according to a report.

India, China to lead global economy in 2013: Report

Last Updated: Thursday, January 24, 2013, 09:24

With the global economy and the outlook reeling under the eurozone debt crisis and the high unemployment in the United State, emerging economies such as India and China will lead the growth in 2013, says a report.

Global FDI rises 16% in 2011; this year may see a slower increase : Report

Last Updated: Friday, July 6, 2012, 12:45

Despite the ongoing eurozone crisis, global foreign direct investment (FDI) increased by 16 percent to USD 1.536 trillion in 2011, a UN report sai

European banking crisis could choke global eco growth: Krishna

Last Updated: Friday, June 22, 2012, 21:04

Euro-zone woes dominated talks between External Affairs Minister S M Krishna and his German counterpart Guido Westerwelle here Friday as New Delhi expressed apprehension that an emerging banking crisis in the region could choke global economic growth.

No recovery in sight for global labour market: UN

Last Updated: Tuesday, May 1, 2012, 14:11

A new UN report Monday warned that despite signs that economic growth has resumed in some regions, the global employment situation is alarming and shows no signs of recovery in the near future.