Washington: The US economy is unlikely to enter into a recession in 2023, according to the minutes of the Federal Reserve’s July monetary policy review...
New Delhi: The operating environment for Indian banks has strengthened as economic risks associated with the Covid-19 pandemic have ebbed, said Fitch...
Muscat: The total outstanding credit extended by Other Depository Corporations (ODCs), which consist of conventional and Islamic banks in Oman, grew by 6.5...
Chinese policymakers are facing calls to do more to prop up the ailing real estate market after the largest property developer, Country Garden, warned of...
Amsterdam: The Dutch economy has fallen into a recession after suffering two subsequent quarters of negative growth, according to official data published on...
Los Angeles: In an interesting turn in the Elon Musk-Mark Zuckerberg much-anticipated ‘cage fight’, both tech leaders again entered an indirect war of...
Abu Dhabi: A two-day meeting of world-leading economists and finance leaders convened by the COP28 Presidency has delivered consensus on the key next steps...
Seoul: Hyundai Motor Co. has signed a deal to acquire General Motors Co.'s plant in India to strengthen its presence in the rapidly growing automobile...