Analysts expect the US Federal Reserve to pause interest rate hikes on Wednesday as the central bank looks to tame inflation while avoiding a recession, despite a recent energy-fueled rise in consumer prices.
The gains in gasoline prices place the nation's central bank on alert for a resumption of inflation, making the September interest rate hike a hawkish rather than a dovish pause.
Only a few countries now have the technological capabilities to conduct deep-sea explorations. The success of the Samudrayaan mission may give India a ticket to the "elite blue club" that includes nations like the U.S., France and China.
The agreement, which comes as the world is finding ways to accelerate the adoption of clean energy, is aimed at reducing "the effects of climate change, such as carbon capture, utilization and storage."
China's BRI is a decade old, but beyond its ambitious promises of trans-national connectivity, the initiative is looked at with skepticism and is seen as a debt trap for developing countries.
The de-globalisation of international trade is far from being a reality, but "the first signs of fragmentation" are appearing, the WTO warned Tuesday, concerned of the effects of the phenomenon on growth and development.
The rapid depreciation of the Chinese currency sounds like a paradox. China is still a significant exporter of manufacturing goods with a trade surplus, creating a strong demand for its currency.
China's central bank said on Monday it would crack down on speculation that distorts the value of the yuan as the country's currency sees persistent volatility.
Equities came under pressure from a sell-off in big tech companies like Apple, Qualcomm and Nvidia, which weigh heavily on major equity indexes.
The European Central Bank is walking a tightrope between still-high inflation and a darkening eurozone outlook as it decides whether to lift interest rates again or finally pause its historic hiking cycle.
The African Union joined the Group of 20 leading economies at its summit on Saturday, giving the continent more of a voice on the global stage, with host Indian Prime Minister Narendra Modi saying it turned the often divided bloc into the "people's G20".
The momentous growth of the Asia Pacific region is largely supported by an efficient supply chain network, regional free-trade agreements, and competitive costs.
China must recognize its youth unemployment problem. It's getting from bad to worse, with the government stopping providing data on it.
The Philippines and Australia shored up their security and economic alliance Friday with the signing of a strategic partnership, as they seek to counter China's growing regional influence.
Today, Bangladesh is capitalizing on its remarkable growth story as it vies for a better seat among other nations. But it is also turning into a site for a power contest in the region.
Russia's central bank announced Wednesday it plans to sharply step up support for the ruble, which has weakened considerably after 18 months of Western sanctions following Moscow's military intervention in Ukraine.
Brokerage firm Bernstein measured the economic gap between India and China on key parameters like nominal gross domestic product (GDP), patents, exports, foreign direct investment (FDI) and forex reserves.
G20 per capita coal emissions continue to rise despite climate pledges and transition efforts by some members of the group of major economies, new research showed Tuesday.