Economy

By Katanga Johnson WASHINGTON (Reuters) – The U.S.

WASHINGTON (Reuters) – The International Monetary Fund expects to raise its forecast that the COVID-19 pandemic will cost the global economy $12.5 trillion through 2024, the head of the global lender

SHANGHAI (Reuters) – Chinese regulators urged banks and insurers to make clear progress in their digital transformation by 2025, the state-owned newspaper Securities Times reported on Thursday.

By Natalia Zinets KYIV (Reuters) – Ukraine’s central bank raised its main interest rate to 10% from 9% on Thursday, crossing into double digits for the first time since April 2020, to try to tackle

BEIJING (Reuters) – China will roll out more steps to boost effective demand, state media on Thursday quoted Premier Li Keqiang as saying.

WASHINGTON (Reuters) – The transition to clean energy required to prevent temperatures from rising swiftly could shave 2% off global GDP by 2050 but is likely recoverable before the end of the century

TAIPEI (Reuters) -Taiwan’s export orders grew faster than expected in December to a record high due to sustained technology demand, but the government warned of supply chain uncertainty that could

BERLIN (Reuters) – German producer prices rose 24.2% year on the year in December, with the record annual jump driven by higher energy prices, official data showed on Thursday.

By Wayne Cole SYDNEY (Reuters) -Australian employment raced ahead in December as the jobless rate fell to its lowest point since 2008, showing strength that should help the economy weather the current