Economic Recovery

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G7 Backs Expanded IMF, World Bank Support for Vulnerable Economies

Paris-Group of Seven finance ministers agreed that the International Monetary Fund and World Bank should intensify support for vulnerable countries

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China Railways Set New May Day Travel Record With 24.8 Million Passengers

Shangai — China’s railway network carried 24.8 million passengers on May 1, setting a new single-day travel record during the

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China Factory Output Accelerates as Export Orders Recover

Beijing— China’s factory activity expanded at a faster pace in April as export orders improved and domestic industrial output strengthened

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Foreign funds exit Thailand as energy shock clouds recovery outlook

Singapore — Foreign investors are pulling money out of Thai assets at the fastest pace in months as surging energy

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US Government Shutdown Sparks New Resolve for Unity and Reform

Washington — The United States government shutdown has now reached 35 days, tying the longest in history. Yet despite the

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Electrolux Surges Ahead with Strong North American Recovery and Record Q3 Profit Growth

Stockholm – Electrolux, the renowned Swedish home appliance manufacturer, has recorded an impressive rebound in its performance, marking one of

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US Urges UN to Ease Syria Sanctions, Support Transition

New York — The United States has urged the United Nations Security Council to ease sanctions on Syria as part

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German Finance Minister and Bundesbank President Endorse Merz’s Vision for a Unified European Stock Market

Germany’s top financial leaders rally behind Chancellor Friedrich Merz’s call for a European stock exchange — a bold step toward

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Global Bank Stocks Slide as Credit Concerns Spark Market Reality Check

Renewed fears over U.S. regional bank credit quality ripple across global markets, reminding investors of 2023’s volatility — but analysts

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South African Rand Steadies Amid Global Market Fluctuations, Investors Optimistic Ahead of Inflation Data

Despite temporary weakness against a stronger dollar, South Africa’s economy shows resilience as investors remain confident in stable inflation trends

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