Business

WTO slashes 2023 global trade forecast as recession looms

WTO slashes 2023 global trade forecast as recession looms

The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia's war in Ukraine and other shocks take their toll on the world econ...

 3h ago
Equities extend rally on rate hopes, traders await OPEC decision

Equities extend rally on rate hopes, traders await OPEC decision

Asian investors joined their Wall Street and European counterparts in an equity buying spree Wednesday as more data pointing to weakness in the US economy further fanned hopes the Federal Reserve could temper its rate hike campaign.The much-needed dose of optimism has also put pr...

 3h ago

BOE acted ‘appropriately’ quickly to UK budget proposal: IMF chief

BOE acted ‘appropriately’ quickly to UK budget proposal: IMF chief IMF chief Kristalina Georgieva said Tuesday the Bank of England correctly moved swiftly in reaction to Britain's budget proposal late last month -- a plan which included a now-...

3h ago

Malaysia offers faster e-Visa for Bangladeshi medical travellers

Malaysia offers faster e-Visa for Bangladeshi medical travellers The Malaysia Healthcare Travel Council (MHTC) hosted the Malaysia Healthcare Business Forum on Tuesday, with Her Excellency Haznah Md Hashim, Malaysia's High Commissioner to th...

3h ago