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IMF lowers 2014 global growth forecast to 3.4%

Last Updated: Thursday, July 24, 2014, 21:04

The IMF projected global growth of 3.4 percent for this year, down from its April estimate of 3.7 percent.

ADB projects 5.5% growth for India in 2014-15

Last Updated: Friday, July 18, 2014, 10:13

Expectations of economic reform by Prime Minister Narendra Modi's new govt mean that the Manila-based lender has raised its 2015 growth forecast for India to 6.3 percent from 6.0 percent.

Bank of Japan holds off fresh stimulus, says economy 

Last Updated: Tuesday, July 15, 2014, 09:21

The BoJ slightly lowered its growth forecast for the current fiscal year to March to a 1.0 percent expansion in the economy, from an earlier 1.1 percent forecast.

IMF cuts eurozone 2014 growth forecast

Last Updated: Monday, July 14, 2014, 22:11

The IMF cut its 2014 growth forecast for the eurozone on Monday, warning that the recovery in the single currency bloc was "neither robust nor sufficiently strong."

IMF cuts US growth forecast; urges policymakers to keep interest rates low

Last Updated: Tuesday, June 17, 2014, 10:38

IMF said US economy will likely grow only 2.0 percent this year, compared with the previous 2.8 percent estimate.

Wall Street ends lower after World Bank cuts forecast

Last Updated: Thursday, June 12, 2014, 10:00

U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank`s reduction of its global growth forecast.

IMF cuts China's growth forecast but urges focus on reforms

Last Updated: Thursday, June 05, 2014, 15:34

IMF said Beijing must keep its word on implementing reforms that will correct imbalances, including a "moderately undervalued" yuan.

Bank of England governor warns of housing market risks

Last Updated: Sunday, May 18, 2014, 09:42

The British housing market has "deep, deep problems" and is the biggest risk to the country's financial stability, the governor of the Bank of England said Saturday.

Bank of England hikes 2015 forecast as outlook brightens

Last Updated: Wednesday, May 14, 2014, 21:23

The Bank of England (BoE) hiked its 2015 growth forecast on Wednesday and said that the British economy was heading back towards normal as the recovery picks up speed.

India forecast to grow 5.5% this year: ADB

Last Updated: Tuesday, April 01, 2014, 08:42

India is forecast to accelerate to 5.5 percent this year, much faster than the 4.7 percent forecast in December.

China GDP slows down to 14-yr low but crosses official target

Last Updated: Monday, January 20, 2014, 20:38

China's GDP expanded 7.7 percent from a year ago, the slowest pace of growth since 1999, official figures here said on Monday.

China cabinet report sees 2013 economic growth at 7.6%: Report

Last Updated: Thursday, December 26, 2013, 11:58

The forecast is in line with analysts' predictions of around 7.6-7.7 percent in 2013, but still puts China's growth near the weakest pace since the Asian 1997-98 financial crisis.