Economy

Almost 25% of American adults are food insecure, a jump of about five percentage points from a year earlier as the double whammy of high inflation and the end of...

Global banking has been in turmoil over the last two weeks following a series of stunning bank collapses in Europe and the United States. Despite a series of rescue packages...

Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had...

A look at the day ahead in Asian markets from Stephen Culp. Global market skittishness over whether contagion is afoot within the banking sector appears to be waning. In fact,...

There is no doubt about it: the world is undergoing a seismic paradigm shift. After the implosion of the banking sector in 2008, it was perhaps inevitable that the 30-year...

Sri Lanka’s president has said that the International Monetary Fund (IMF) has approved its request for a $2.9bn bailout and the country’s presidency said the programme will enable it to...

Northern Ireland’s Democratic Unionist Party (DUP) says it will vote against a crucial part of the government’s new deal with the European Union on post-Brexit trade rules for the United...

Banking stocks and bonds plummeted on Monday after UBS Group sealed a state-backed takeover of troubled peer Credit Suisse Group AG, a deal that was orchestrated in an attempt to...

The safe-haven yen rebounded from early steep declines and the risk-sensitive Australian and New Zealand dollars flipped to losses as early optimism ebbed over efforts by global authorities to contain...

Russia overtook Saudi Arabia to be China’s top oil supplier in the first two months of 2023, according to Chinese government data, as buyers snapped up sanctioned Russian oil at...