Skip to main content
Skip to footer
South Korea's cumulative current account surplus for the first six months of 2024 reached $37.73 billion
The BoE cut rates by 0.25 percent to 5.0 percent, a decision viewed as a close call
The central bank raised its short-term policy rate to levels not seen since 2008, defying market expectations
The Ethiopian central bank has floated the birr, a crucial step for securing IMF support and progressing its debt restructuring
The U.S. eclipsed the $34 trillion threshold in early January 2024
In 2022, wealthier economies provided an all-time high of $116 billion for climate finance for developing countries
A breakdown of the data showed that the central government collected around 5 trillion yuan in fiscal revenue
IBRD has made $568 million of insurance payouts on catastrophe bonds
This agreement, Pakistan's 24th IMF bailout, now awaits approval from the IMF's executive board
Weak Chinese currency has remained a major concern limiting any easing to the central bank's monetary policy
Primary income came to a 4.21 trillion yen surplus, the largest since comparable data became available in 1985
Exports, which played a major role in this economic shift, rose 11.1 percent year-on-year to $58.95 billion in May
The government will expand access to low-interest loans for micro business owners and extend the repayment period for policy loans
The ministry will allocate 3.5 trillion won to AI chips, advanced biotech, and quantum tech
External financial assets reached $1.911 trillion at the end of December last year
The assets of the banking sector reached 429.58 trillion yuan, up 8.1 percent YoY
BRICS meeting to discuss international relations, conflict resolution and interaction in leading multilateral platforms
In just two years, debit cards have surpassed cash as the preferred payment option among Spanish-speaking Latin Americans
Non-interest income of U.S. banks saw a 15.2 percent increase, up $10.3 billion
Last week, the central bank accepted bids to buy back 52.7 billion rupees worth of bonds
This growth was driven by a weaker yen and overseas corporate acquisitions, which boosted the value of Japan's foreign assets
ECB officials recently agreed a new framework for how to run policy in the future
Data from the National Bureau of Statistics reported that this growth rate was the same as that registered in the first quarter
For April alone, fiscal revenue fell 3.7 percent against a 2.4 percent decline in March