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KUALA LUMPUR: Schroders forecasts the world economy to continue to recover with the growth in the developed countries spreading to the emerging markets as trade picks up.
BUENOS AIRES: Argentina's government is ramping up state intervention in the economy to try to prevent a new debt default from triggering a balance of payments crisis but its policies are also battering business confidence and may deepen a recession.
NEW YORK: U.S. stocks ended down on Thursday, retreating from intraday records for the S&P and Dow, as a decline in energy shares sapped an earlier rally following the European Central Bank's new stimulus measures.
KUALA LUMPUR: Malaysia’s economy is expected to expand at between 4.5% and 5.5% in 2015 when compared with the 6% growth last year, amid a more challenging external environment.