World Business NewsWorld Bank chief economist sounds alarm on emerging market debt issues, urges liberalisation
IMF, World Banks Spring Meetings have been dominated by worries about economic fallout from century-high US tariffs and retaliatory action by China, EU, Canada and others
Apr 26, 2025
World Business NewsTrump poised to offer Saudi Arabia over $100 billion arms package, sources say
US president to announce arms package in visit to Saudi Arabia in May; Lockheed Martin, RTX, Boeing, Northrop Grumman, General Atomics involved in arms deal
Apr 26, 2025
World Business NewsAsian stocks, dollar eye weekly rise on Trump's tariff backdown
After tit-for-tat tariffs by world's two biggest economies, the U.S. this week shifted tone
Apr 25, 2025
HeadlinesPakistan’s dollar-denominated bonds drop amid rising tensions with India
Government bonds decline by over 4 cents following escalation of tensions after deadly held-Kashmir attack
Apr 25, 2025
World Business NewsTaiwan proposes $10 billion in additional spending to offset U.S. tariff impact
Premier Cho Jung-tai unveils expanded budget to assist businesses, stabilize job market, and support the economy amidst trade tensions
Apr 24, 2025
World Business NewsMarkets react to rising tensions in Kashmir as rupee weakens and bond yields rise
Financial uncertainty grows amid fears of escalation in India-Pakistan conflict following deadly Kashmir attack
Apr 24, 2025
HeadlinesOil prices rose over 1% after fresh Iran sanctions, inventory drops lifts prices
Markets react to Iran sanctions, Fed policy signals, and easing US-China rhetoric
Apr 23, 2025
World Business NewsIMF cuts growth forecasts for most countries in wake of century-high US tariffs
Fund sees global growth of 2.8% in 2025, down from 3.3% in January forecast
Apr 23, 2025
World Business NewsIMF warns of increased global financial stability risks amid trade turmoil, Trump tariffs
Warning of higher financial risks comes as the IMF cuts growth forecasts for most countries, citing the impact of US tariffs; Fund calls for regulators worldwide to complete capital rules, heighten oversight
Apr 23, 2025
World Business NewsStock markets, dollar rebound in Asia as Trump steps back to fire Fed chief
Nikkei jumps over 2%, S&P 500 futures extend rally; Dollar bounces as Trump says no plans to fire Powell; Hopes for China tariff relief, but no deal yet
Apr 23, 2025
World Business NewsOil rises 1% on Iran sanctions, drop in US crude stocks
Market finds support after Trump backed off from threats to fire Fed Chair Jerome Powell; Brent futures rise 0.9%, WTI by 0.94%
Apr 23, 2025
World Business NewsChina warns South Korean companies over exporting products with rare earth minerals to U.S. defense firms
Beijing's letters to South Korean firms highlight the risk of sanctions if export restrictions on key materials are violated.
Apr 22, 2025