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Australias Central bank deems climate change ＂first order risk＂ to economy

Australia's Central bank deems climate change ＂first order risk＂ to economy

2021-10-14 12:06

RBA Deputy Governor outlined the risks climate change and the green energy transition poses for Australia's fossil-fuel reliant economy.

World Bank chief highlights ＂tragic reversal＂ in development amid pandemic

World Bank chief highlights ＂tragic reversal＂ in development amid pandemic

2021-10-14 06:19

World Bank Group President David Malpass said on Wednesday that the COVID-19 pandemic is pushing up poverty and debt levels in low-income countries.

U.S. stocks end mixed amid Fed minutes, economic data

U.S. stocks end mixed amid Fed minutes, economic data

2021-10-14 05:35

U.S. stocks finished mixed on Wednesday as investors parsed the Federal Reserve's meeting minutes and a slew of economic data.

Interview: IMF official sees ＂agreat financing divide,＂ warns of pandemics scarring effects on poor countries

Interview: IMF official sees ＂agreat financing divide,＂ warns of pandemic's scarri

2021-10-14 05:24

An IMF official has voice his concerns over a "great financing divide" between advanced economies and low-income developing countries.

Oil prices decline as OPEC trims 2021 demand forecast

Oil prices decline as OPEC trims 2021 demand forecast

2021-10-14 04:14

Oil prices fell on Wednesday as the Organization of the Petroleum Exporting Countries modestly trimmed its world oil demand growth forecast for 2021.

U.S. Fed could start tapering asset purchases in mid-November or mid-December: minutes

U.S. Fed could start tapering asset purchases in mid-November or mid-December: minutes

2021-10-14 03:56

U.S. Federal Reserve officials broadly agreed last month the central bank could start tapering asset purchases in mid-November or mid-December.

U.S. House approves short-term debt limit increase to avert default

U.S. House approves short-term debt limit increase to avert default

2021-10-13 11:16

The U.S. House of Representatives on Tuesday approved a bill to increase the nation's borrowing limit in the short term.

Interview: IMF official says central banks to face tough trade-offs amid inflation uncertainty

Interview: IMF official says central banks to face tough trade-offs amid inflation unc

2021-10-13 07:25

Global central banks are going to face tough trade-offs between supporting the economic recovery.

Irish economy expected to grow 5.25 pct in 2021: minister

Irish economy expected to grow 5.25 pct in 2021: minister

2021-10-13 05:04

The Irish economy is expected to grow by 5.25 percent in 2021 and 6.5 percent in 2022, finance minister Paschal Donohoe said here on Tuesday.

U.S. stocks fall ahead of key economic data, bank earnings

U.S. stocks fall ahead of key economic data, bank earnings

2021-10-13 04:30

U.S. stocks dropped on Tuesday, as investors await a slew of economic data and earnings reports from major banks.

Oil prices settle mixed as IMF trims global growth outlook

Oil prices settle mixed as IMF trims global growth outlook

2021-10-13 04:12

Oil prices ended mixed on Tuesday as the International Monetary Fund ((IMF) cut its outlook for global growth.

IMF warns of elevated financial vulnerabilities amid ongoing policy support to sustain recovery

IMF warns of elevated financial vulnerabilities amid ongoing policy support to sustain

2021-10-13 03:53

While policy support continues to be key to sustaining the ongoing recovery from the COVID-19 pandemic.

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