Tag: China

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Dollar stalls as Chinese economy beats expectations

Better-than-expected Chinese growth data on Wednesday boosted Asian currencies, driving the yuan to a one-week high and putting a dampener on the U.S. dollar. A...

IMF says global economy ‘limping along,’ cuts growth forecast for China, euro area

The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro area and said overall global growth remained low and...

Emerging economies face China and rate pressures as IMF, World Bank meet

Emerging economies are facing headwinds from all sides, with a recent selloff in U.S. Treasuries and China's slowing economy adding layers of uncertainty while...

China says it has not banned purchase, use of foreign phone brands

China has not issued a ban on the purchase and use of foreign phone brands, the Chinese foreign ministry said on Wednesday, in response...

Oil falls as concerns about China outweigh extended cuts

Oil prices eased on Thursday as an uncertain economic outlook for China outweighed expectations of tighter supplies from extended supply cuts in Saudi Arabia...

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IEA sees surplus oil supply in 2024 even if OPEC+ extends current cuts

The global oil market will see a slight surplus...

AfDB hybrid capital note could launch before end-November

 The African Development Bank (AfDB) could launch its debut...

Scholz pledges greater investment in Africa’s green energy sector

Germany will invest 4 billion euros in green energy...

World Bank sees $12 billion support to Kenya over next 3 years

The World Bank said on Monday that it foresaw...

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