Economy

Growth downgrade for China ‘very likely’ on Covid surge: IMF chief

A lower growth forecast is "very likely" for China this year and next, with easing Covid-19 restrictions expected to bring a surge in infections...

Shares, dollar hold steady ahead of key inflation data

Global stocks held steady on Tuesday, while the dollar eased modestly ahead of U.S. inflation data that could persuade the Federal Reserve and other...

Dollar edges up, investors weigh outlooks for rates and economy

The dollar edged up on Thursday, supported by a push higher in U.S. Treasury yields, as investors weighed the outlook for Federal Reserve policy...

Stocks slip, dollar up as data challenges Fed pause hopes

Global stocks headed for a third straight day of losses on Tuesday and the dollar rose after more U.S. data reinforced the belief among...

The yuan’s the new dollar as Russia rides to the redback

Chinese entrepreneur Wang Min is delighted about Russia's embrace of the yuan. His LED lights company can price contracts to Russian customers in yuan...

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