World economy menaced by too much financial risk: IMF
The world economy needs more productive investment and less in speculative assets, which in many cases are now overvalued and pose big stability risks, the International Monetary Fund said Wednesday.
Oct 08, 2014, 21:09 PM ISTEurozone ministers seek `balancing act` to boost growth
European ministers struggled to strike a balance on Friday between turning around a moribund eurozone economy and cutting bloated national budgets burdened with debt.
Sep 12, 2014, 17:57 PM ISTBoJ holds off fresh stimulus despite weaker economy
The April-June quarter saw Japan`s economy suffer its deepest quarterly contraction since the 2011 quake and tsunami owing to April`s sales tax hike.
Sep 04, 2014, 11:36 AM ISTNatural disasters caused $41 bn losses in first half: Swiss Re
Natural disasters caused total economic losses of $41 billion in the first six months of this year, much less than usual, reinsurance group Swiss Re estimated on Wednesday.
Aug 27, 2014, 17:11 PM ISTStill awash with cash, world economies take turn for the worse
China`s economy is slowing. The euro zone`s is a flat line. Japan`s sank in the second quarter. Britain has wage deflation. The US economy is ticking over at best.
Aug 20, 2014, 23:10 PM ISTBritish economy grows to above pre-crisis level
Britain is predicted by the IMF to be the fastest growing major world economy this year.
Jul 25, 2014, 15:33 PM ISTWorld Bank cuts growth outlook as Ukraine crisis weighs
The World Bank on Tuesday trimmed its global growth forecast, saying a confluence of events, from the Ukraine crisis to unusually cold weather in the United States, dampened economic expansion in the first half of the year.
Jun 11, 2014, 10:35 AM IST