According to a study from the Boao Asian Economic Forum (BAF), Asia's GDP growth will be 4.5 percent by the end of 2023. The analysts expected that Asia's real GDP growth rate would increase from 4.2 percent in 2022 to 4.5 percent in 2023. In his inaugural remarks on Tuesday, Li Baodong,...

By the end of 2022, the United States will overtake Russia in terms of oil shipments to the European Union, with Russia's share falling from 31% to 4%, according to a study released on Tuesday by the European statistical agency Eurostat. Its data indicates that between the fourth quarter of 2021...

U.S. and Japan have reached a trade agreement over minerals used in electric vehicle batteries   The United States and Japan unveiled a trade agreement on electric car battery minerals on Tuesday, which is critical to bolstering their battery supply chains and providing Japanese car...

According to a research published Tuesday, China expended $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount increasing in recent years as more have struggled to repay loans spent building "Belt & Road" infrastructure.   According to a report by...

According to those involved with the conversations, the Biden administration plans to deliver Mexico a "act now or else" message in the coming weeks in an attempt to break a stalemate in an energy trade dispute, as bipartisan calls for the US to get tougher with its southern neighbor intensify....

While the world's second-largest economy struggled to fully recover from the long-term consequences of COVID, the decline in the earnings of Chinese industrial enterprises grew in the first two months of 2023. This decline was exacerbated by lackluster demand and persistently high expenses.  ...

The CEO of Australia and New Zealand Banking Group stated on Monday that the most recent upheaval in the international banking system had the potential to lead to a financial catastrophe, while it was too soon to forecast that one akin to the 2008 crisis would result.   The recent...

CNBC reports that between March 8 and March 15 Americans withdrew $98.4 billion from bank deposits, according to statistics from the Federal Reserve. The majority of the money taken out came from tiny institutions. March 24, the Financial Stability Oversight Council met in light of the most...

According to Kristalina Georgieva, head of the International Monetary Fund (IMF), central banks' increases in interest rates to combat inflation are resulting in greater risks to financial security. "It is obvious that there are now more dangers to financial stability. As the recent events in the...