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IMF chief Georgieva sounds alarm about AI, cyber risks; urges cooperation
BANGKOK: The head of the International Monetary Fund on Friday appealed to global financial leaders to cooperate in the face of multiple risks facing the global economy, including high debt levels…
Business RecorderChina's yuan poised to strengthen for a third week in a row on strong exports
SHANGHAI: China’s yuan held steady against the dollar on Friday and was poised to strengthen for a third week as robust exports buoy the Chinese currency despite wobbly growth in the domestic…
Business RecorderChina sets 2027 import tariff-rate quotas for wheat, rice, corn and cotton
BEIJING: China will maintain its 2027 wheat import tariff-rate quota at 9.64 million metric tons, unchanged from a year earlier, according to a notice issued by the state planner on Friday.
Business RecorderAustralian shares hit 5-week high as rate-hike bets ease
Australian shares hit a 5-week high on Friday , led by miners as softer-than-expected labour market data curbed expectations of a near-term interest rate hike and fuelled broad-based buying.
Business RecorderPakistan to chair World Bank, IMF Boards in 2027
In a key development, Pakistan has been nominated to chair the World Bank Group and IMF Boards of Governors in 2027, the Ministry of Economic Affairs said on Friday, marking the country’s first such…
Business RecorderFinance minister interacts with World Bank President Ajay Banga in Bangkok
Finance Minister Muhammad Aurangzeb met World Bank President Ajay Banga during a dinner hosted by Thailand’s prime minister on the sidelines of the World Bank-IMF annual meetings in Bangkok.
Business Recorder
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