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KUALA LUMPUR: Bursa Malaysia started Tuesday on a weak note after the overnight slide on Wall Street as the Covid-19 cases in the US and Europe continued to climb.
NEW YORK: Stocks across the globe posted their biggest decline in a month on Monday as surging coronavirus cases in Europe and the United States clouded the world economic outlook, giving the U.S. dollar a safe-haven boost.
Interview: IMF senior official urges int'l cooperation to rebuild greener, digital, more inclusive economy
WASHINGTON, Oct. 23 (Xinhua) -- As the global economy is recovering from the COVID-19 pandemic, countries should start working together now to rebuild a greener, digital and more inclusive economy, a senior official of the International Monetary Fund (IMF) has said.
WASHINGTON, Oct. 21 (Xinhua) -- The International Monetary Fund (IMF) on Wednesday revised down its 2020 forecast for the Asian economy to a contraction of 2.2 percent, calling it "the worst outcome for this region in living memory."
BEIJING (Xinhua): China has embraced its best quarterly economic performance of the year in the third quarter (Q3), rendering a 0.7-percent year-on-year expansion for the first nine months as the first major economy to return to growth following the economic fallout from Covid-19.
BANDAR SERI BEGAWAN, Oct 19 (Borneo Bulletin/ANN): Brunei is seen posting the recovery in 2021, following the Covid-19 pandemic where the International Monetary Fund (IMF) is projecting that the Sultanate’s gross domestic product (GDP) growth to be 3.2 per cent next year while for its mid-term projections for 2025, IMF forecast the Sultanate’s growth to be 1.8 per cent.
WASHINGTON: China does have the fiscal space to support its economic recovery, an International Monetary Fund (IMF) official has said, urging the country to strengthen its macro fiscal framework to deal with the challenges exacerbated by the Covid-19 pandemic.
by Xiong Maoling, Tan Yixiao
WASHINGTON, Oct. 15 (Xinhua) -- The policy-setting body of the International Monetary Fund (IMF) on Thursday warned that the COVID-19 pandemic threatens to leave long-lasting scars on the global economy, pledging to use all available policy tools to restore growth.