Can China’s roaring trade engine power the yuan’s challenge to the US dollar?
In the run-up to this year’s ‘two sessions’ – the annual meetings of China’s top legislature and political…
Global debt soars by US$29 trillion as US, China drive rapid build-up: report
Global debt climbed to a record high in 2025, rising at the fastest pace since the pandemic, with…
IMF urges China to prioritise consumption-led rebalancing, curb industrial policy
The International Monetary Fund (IMF) has called on China to make the shift to a consumption-led growth model…
IMF rebukes China’s model with its own credibility in tatters
As the International Monetary Fund takes China to task, the world’s “lender of last resort” is grappling with…
Sri Lankan lawmakers scrap their pensions in a sweeping vote
COLOMBO, Sri Lanka (AP) — Sri Lankan legislators overwhelmingly voted Tuesday to scrap their pensions, in a bid…
Fading US dollar trust threatens world economy, ex-IMF official Zhu Min warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
Economic leaders at Davos say global growth is resilient despite Trump disruption
DAVOS, Switzerland (AP) — Leading global economic policymakers at the World Economic Forum in Davos urged countries and…
Indonesia eyes 6% growth in 2026 despite a jobs ‘time bomb’
For Indonesia, much of the past year was more a marathon than a sprint, with Southeast Asia’s largest…
China’s central bank signals reserve ratio, interest rate cuts in 2026
China’s central bank has reiterated its commitment to a “moderately loose” policy stance in 2026, pledging stronger countercyclical…
Argentina targets US dollars hoarded under mattresses, eases tax evasion rules
Argentine President Javier Milei on Friday signed into law a so-called “tax innocence” bill, which aims to encourage…
Japan may lose GDP race to India amid weak yen, tourism woes and China row
Japan’s economy is likely to fall behind India’s in 2026 to fifth place in the world, according to…
Why the IMF thinks China has a zombie problem
During her recent visit to Beijing, International Monetary Fund head Kristalina Georgieva connected the dots between China and…