BANFF, Alberta, May 23 — Finance ministers and central bank governors from the Group of Seven democracies papered over their differences on Thursday, pledging to address "excessive imbalances" in the global economy and saying they could increase sanctions on Russia.
KUALA LUMPUR, May 16 — RHB Investment Bank Bhd (RHB IB) has maintained its 2025 gross domestic product (GDP) forecast at 4.5 per cent year-on-year (YoY), despite Malaysia’s first quarter 2025 (1Q 2025) GDP growth data coming in slightly lower than expected at 4.4 per cent.
FRANKFURT/STOCKHOLM/LONDON, April 28 — General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as United States (US) President Donald Trump's trade war continued to send shivers through the corporate world.
BENGALURU, April 28 — Risks are high that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll, in which scores said United States (US) President Donald Trump's tariffs have damaged business sentiment.
KUALA LUMPUR, April 28 — Macroeconomic resilience and political stability are key strengths for Malaysia in navigating the volatile global economic environment amid the United States (US) policy shifts, said RHB Investment Bank Bhd.
BEIJING, April 25 — China warned a G20 meeting that world economic growth was "insufficient" as tariff and trade wars exacerbated economic and financial instability and sapped growth momentum, its finance ministry and central bank said.
NEW YORK, Dec 23 — No sooner had the global economy started to put the aftermath of the Covid-19 pandemic behind it than a whole new set of challenges opened up for 2025.
WASHINGTON, June 12 — The World Bank has said the United States' (US) economy's stronger-than-expected performance has prompted it to lift its 2024 global growth outlook slightly.
UNITED NATIONS, May 17 — Global economic prospects have improved thanks to strong performances in the United States and large emerging economies, although vulnerabilities remain, showed a United Nations report released yesterday.
BENGALURU, April 26 — The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger growth than forecast was more likely than weakness.
ISTANBUL, April 16 — The International Monetary Fund (IMF) has revised its global economic growth forecast for 2024 upwards to 3.2 per cent, 0.1 percentage point higher than an earlier estimate from January.
KUALA LUMPUR, Dec 14 — Malaysia’s micro, small and medium enterprises (MSMEs) have continued to recover in 2023 from the impact caused by the pandemic despite a challenging global economy, amid geopolitical tension and inflationary pressures.
BRUSSELS, Dec 1 — Two back-to-back economic reports have warned about the persistence of inflation in the eurozone despite the minimal decrease in November from the previous month.
MARRAKECH, Morocco, Oct 10 — The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro area and said overall global growth remained low and uneven despite what it called the "remarkable strength" of the US economy.
KUALA LUMPUR, Sept 11 — The Federation of Malaysian Manufacturers (FMM) said the country’s manufacturing sector slowed down further in the first half of 2023 (1H2023) and with the global economy tilted towards the downside, the sector’s outlook for the 2H2023 remains cautious.
KUALA LUMPUR, Sept 11 — The world economy is projected to grow by 3.1 per cent annually in the remaining 12th Malaysia Plan (12MP) period of 2023 - 2025, driven by emerging markets and developing economies, particularly China, said the Economy Ministry.
WASHINGTON, May 19 — The financial toll of the El Niño phenomenon lingers for years and costs trillions in lost income worldwide, new research has revealed, reported the German News Agency (dpa).
KUALA LUMPUR, May 18 — The ringgit declined further to end lower against the US dollar today following the strengthening of the greenback amid global economic uncertainty, said an economist.
KUALA LUMPUR, May 15 — The ringgit extended last week’s losses to end weaker against the US dollar on Monday, following worries over the slowing global economy, said an economist.
TORONTO, May 3 — Major disruptions will occur in the job market over the next five years as more companies adopt artificial intelligence (AI) technologies and the global economy worsens, the World Economic Forum (WEF) said in its latest report, reported Anadolu.
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