World economy

IMF again cuts 2-year global outlook over Brexit jitters

IMF again cuts 2-year global outlook over Brexit jitters

20 Jul 2016

Cutting its World Economic Outlook forecasts for the fifth time in 15 months, the IMF said that it now expects global GDP to grow at 3.1 per cent in 2016 and at 3.4 per cent in 2017 - down 0.1 percentage point for each year from estimates issued in April

Philippines rejects China's offer of direct talks on South China Sea

Philippines rejects China's offer of direct talks on South China Sea

19 Jul 2016

The South China Sea dispute escalated in recent years amid a rise in Chinese military presence in the area

N Ireland economy to slow down after Brexit result: PwC

19 Jul 2016

EU, Germany warn Turkey against reintroducing death penalty

19 Jul 2016

Turkey holds thousands in relentless post-coup crackdown

Turkey holds thousands in relentless post-coup crackdown

19 Jul 2016

Turkish security forces launched fresh raids on Monday in a relentless crackdown against the suspected plotters of a coup that left over 290 dead, as President Recep Tayyip Erdogan mooted reintroducing the death penalty to punish them

Millennials in the UK will earn less than their parents: study

18 Jul 2016

Brexit blues: 80% UK’s CFOs plan to cut spending, hiring

18 Jul 2016

ADB pares growth forecast for developing Asia; India steady

18 Jul 2016

Clinton leads Trump by 5 points in latest poll

Clinton leads Trump by 5 points in latest poll

18 Jul 2016

With both the Republican and Democratic party conventions due this week, Hillary Clinton maintains her lead over Republican Donald Trump, though the email controversy has made a dent in her popularity

3 more cops killed in Dallas amid US racial tension

18 Jul 2016

Contingent of 148 Indian students stuck in Turkey

16 Jul 2016

Over 100 plotters among 200 killed as Turkey coup fails

Over 100 plotters among 200 killed as Turkey coup fails

16 Jul 2016

Observers said common people pouring out in numbers played a major role in defeating a well-orchestrated coup attempt by a major section of the military against President Erdogan

More arrests over Nice attack, IS claims responsibility

16 Jul 2016

UK government scraps department for climate change action

16 Jul 2016

Trump picks Mike Pence as running mate to soothe Republican nerves

16 Jul 2016

Major coup bid in Turkey fails, leaves at least 104 dead

Major coup bid in Turkey fails, leaves at least 104 dead

16 Jul 2016

Observers said it was a well-orchestrated coup attempt by a major section of the military, which managed to seize several strategic points in Istanbul before being driven out by forces loyal to President Erdogan

China says won’t cede ‘one centimetre’ of territorial claims

China says won’t cede ‘one centimetre’ of territorial claims

16 Jul 2016

China is currently mustering all its resources to counter the South China Sea judgement by a five-member global tribunal, which has struck down its 'nine-dash line' claim on almost all of the South China Sea

No Indians among Nice victims; Modi ‘appalled’

15 Jul 2016

Truck of terror mows down at least 80 in Nice

Truck of terror mows down at least 80 in Nice

15 Jul 2016

At least 80 people were killed when a truck loaded with weapons and hand grenades drove along a sidewalk in the French resort city of Nice for more than a mile, ploughing through Bastille Day revellers

BoE holds rates for now, may ease monetary policy in August

14 Jul 2016

Oil prices move up slightly, but big recovery unlikely

14 Jul 2016

UK surprise: PM May makes Boris Johnson foreign minister

UK surprise: PM May makes Boris Johnson foreign minister

14 Jul 2016

Britain’s new Prime Minister Theresa May surprised everyone by naming key Brexiteer Boris Johnson as foreign secretary, while also unceremoniously sacking Chancellor George Osborne and replacing him with Philip Hammond

China to move WTO for settlement of steel duty dispute with US

13 Jul 2016

Bernie Sanders finally comes out in support of Clinton

Bernie Sanders finally comes out in support of Clinton

13 Jul 2016

Bernie Sanders' endorsement, five weeks after Hillary Clinton became the presumptive Democratic presidential nominee, brought the most prominent holdout in the party's liberal wing into her camp

Brexit spells trouble for Indian realtors with UK exposure: Fitch

13 Jul 2016

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