WASHINGTON, April 14: Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.

CAMBRIDGE – COVID-19 is confronting humanity with its most severe test since 1918 when an influenza pandemic killed more people than died in World War I. Yet the top leaders of the world’s two largest economies, China and the United States, have failed the first round.

As the trade war continues

January 16, 2020 07:49 am

In its recent economic and fiscal outlook, International Monetary Fund (IMF) warned that the two greatest potential dangers to global growth in 2019 were a no-deal Brexit and an escalation of trade war between the US and China. The first looks unlikely but the second has brought the whole world into a course of dilemma about the world economy.

Dilemma of Central Banking

January 16, 2020 07:39 am

BEIJING – Low interest rates—both nominal and real—have been a persistent feature of advanced economies since the 1980s. How long, many now wonder, can the trend last?

TOKYO/SINGAPORE, Aug 14: Oil prices fell on Wednesday on disappointing economic data from China and a rise in U.S. crude inventories, erasing some of the sharp gains in the previous session on signs of an easing in Sino-U.S. trade tensions.