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ACCRA, Jan. 27 (Xinhua) -- Ghana witnessed an improved macroeconomic environment in 2024 due to the impact of reforms backed by the International Monetary Fund (IMF) and strong gold exports, according to Ernest Addison, governor of the Bank of Ghana, the central bank, Monday.
KUALA LUMPUR: Strong buying interest in the local bourse, followed by a slew of initial public offerings (IPOs) and growth in total outstanding for the bond and sukuk market has resulted in an increase in the size of the capital market by 9.7 per cent to RM4.2 trillion in 2024 from RM3.8 trillion in 2023.
Oil prices fell over 1% on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the US and other countries could hurt global demand as well as uncertainty stemming from a US proposal for a Russia-Ukraine ceasefire.
Prime Minister Hun Manet has urged the National Bank of Cambodia (NBC) and related institutions to conduct research on the contribution of small businesses to the Kingdom's economic growth.
JUBA, March 13 (Xinhua) -- South Sudan is projected to experience universal poverty in 2025, driven by a combination of factors such as a decline in oil production and external shocks, the World Bank said in a report released on Thursday.
Most Asian stocks and currencies traded lower on Wednesday, as investors fretted about uncertainties surrounding global trade and growth from back-and-forth U.S. tariff plans.
MOST Asian stocks and currencies traded lower on Wednesday, as investors fretted about uncertainties surrounding global trade and growth from back-and-forth U.S. tariff plans.
Malaysia's strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7% this year, according to the International Monetary Fund (IMF).
KUALA LUMPUR: Malaysia's strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.
ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Saturday the new US$7 billion aid package deal reached between Pakistan and the International Monetary Fund (IMF) would help bring macroeconomic stability to the country.
JAKARTA: Global prices soared to an all-time high this week as many investors, including individuals at home, turn to the precious metals as a safe haven asset amid geopolitical and global economic uncertainty.
Smartphone shipments grew in 2024, with a record average selling price of US$356 (RM1,581). Consumers are not hesitating to pay the price for access to the latest high-performance features.
MOSCOW, Feb. 4 (Xinhua) -- Russia's gross domestic product (GDP) rose by 4 percent in 2024 over the year before, Russian Prime Minister Mikhail Mishustin said on Tuesday during a government meeting on economic issues.
The International Monetary Fund (IMF) has released a new report, predicting that Cambodia’s economy will grow by 5.8% in 2025, supported by key sectors such as tourism and exports of clothing and agricultural products.
Malaysian banking stocks could be looking at more modest returns this year, after a strong performance in 2024.
Stronger Asia-Pacific mergers and acquisitions activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eight-year lows by financing costs, weak equity markets and China's pandemic controls, dealmakers said.
BEIJING: Strong Asia-Pacific merger and acquisition (M&A) activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eight-year lows by financing costs, weak equity markets and China’s pandemic controls, dealmakers say.
KUALA LUMPUR: The ringgit maintained its upward momentum and opened higher against the US dollar on Friday, despite the greenback's strength driven by expectations about the United States (US) administration’s trade policy.
While there is no globally-agreed upon official definition, zombie firms are widely referred to as those that are risky, unproductive and unviable, yet manage to avoid immediate default, most likely due to continued support from banks, investors or governments, amid misaligned incentives.
HANOI: With 2024 nearing its end, Vietnam's GDP growth is set to surpass the 7 per cent target, driven by efforts from ministries and sectors, says Deputy Minister of Planning and Investment Tran Quoc Phuong.
