Gulf Times - global-economy
Brexit could provide acid test for global economy: Carney

Brexit could provide acid test for global economy: Carney

Brexit could be an “acid test” for how the world economy might fare under the new rules of trade, according to Bank of England governor Mark Carney.

China is ‘one of the bigger risks’ to global economy: BoE's Carney

China is ‘one of the bigger risks’ to global economy: BoE's Carney

China's financial system poses one of the bigger risks to global financial stability, Bank of England Governor Mark Carney said in an interview with the BBC to mark the 10th anniversary of the global financial crisis.

Turkish lira hammered again as crisis spills into Asian markets

Turkish lira hammered again as crisis spills into Asian markets

With investors already on edge over the China-US trade war, the lira's collapse sparked a sell-off in Europe and New York at the end of last week.

Global airfares, hotel rates expected to rise in 2019

Global airfares, hotel rates expected to rise in 2019

In some countries, including India, New Zealand, Norway, Germany and Chile, airfares are expected to rise by more than 7%.

Hackers steal $30mn from top Seoul bitcoin exchange

Hackers steal $30mn from top Seoul bitcoin exchange

Hyper-wired South Korea has emerged as a hotbed of trading in virtual units.

IMF sees solid near-term global growth but risks beyond

IMF sees solid near-term global growth but risks beyond

The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe, but after that risks will build, the International Monetary Fund said on Tuesday.

Decline in productivity growth a grave problem: QNB

Decline in productivity growth a grave problem: QNB

The decline in productivity growth is "one of the most important problems" facing the global economy today, QNB has said in an economic commentary.

G7 warns over global economy as currency row flares

G7 warns over global economy as currency row flares

G7 finance ministers on Saturday voiced concern about the sputtering global economy as they looked for a plan to stoke growth, while a currency policy clash overshadowed their meetings.