global economy
- India
Economic superpowers like India reshaping global economy: UK PM Rishi
London: UK Prime Minister Rishi Sunak on Monday cited India’s rise as an ‘economic superpower’ as he pledged to create a dynamic, innovative economy fuelled by technological progress. Insisting that “more will…
- Business
LG Display remains in red for 6th straight quarter
Seoul: LG Display reported sixth consecutive quarterly losses on Wednesday on sluggish demand stemming from a global economic slowdown, but the deficit decreased from the previous year and quarter. South Korea’s major…
- Business
Global economy heading for weakest period of growth since 1990: IMF chief
Washington: The global economy is heading for the weakest period of growth since 1990 as higher interest rates set by the world’s top central banks drive up borrowing costs for households and…
- Business
China’s real estate mess put global economy on crutches
Beijing: The deep recession in China’s real estate companies is becoming a major problem for the country as well as for the world’s economy. The property market was one of the few…
- World
Guterres warns sword of Damocles hangs over global economy
United Nations: UN Secretary-General Antonio Guterres has warned that “a sword of Damocles hangs over the global economy” because of the ongoing war in Ukraine, adding that developing countries were most at…
