Global finance leaders seek to bolster growth

Apr 15, 2016

Global finance leaders seek to bolster growth

The leaders of the International Monetary Fund and the World Bank pledged Thursday to redouble efforts to bolster shaky global growth prospects and combat increasing political attacks on free trade and other hallmarks of globalization. IMF Managing Director Christine Lagarde and World Bank President ...

China to drag down growth in developing Asia, World Bank says

Apr 11, 2016

China to drag down growth in developing Asia, World Bank says

China’s economic slowdown will hit growth in developing East Asia and the Pacific from this year until at least 2018, the World Bank said Monday, warning of volatile global markets and urging caution. Regional growth is forecast to slow from 6.5 percent in 2015 ...

Jan 15, 2016

World Bank says Japan will enjoy 23% export boost from TPP

A Pacific Rim free trade initiative would give a double-digit boost to exports from Vietnam, Japan and Malaysia by 2030, according to a recent estimate by the World Bank. It expects the 12-country Trans-Pacific Partnership deal to increase exports from Vietnam by 30.1 percent, ...