Taiwan to provide US$500,000 in humanitarian aid to Venezuela

TAIPEI (Taiwan News) — Taiwan’s envoy to the United States Stanley Kao (高碩泰) said the Taiwan government will provide humanitarian assistance worth US$500,000 to Venezuela during an interna...

IMF warns of approaching ‘economic storm’ as growth slows globally

TAIPEI (Taiwan News) – An “economic storm” looms as global growth fails to meet expectations, the International Monetary Fund warned on Sunday. In an address at the World Governme...

IMF approves $2 billion loan payment for Egypt

CAIRO (AP) — The International Monetary Fund has lauded Egypt's robust growth and acknowledged progress in stabilizing its economy, instilling market confidence and cutting debt. The...

IMF sees Greek economy accelerating in 2019

ATHENS, Greece (AP) — The International Monetary Fund is optimistic on Greece's growth and employment prospects for this year, but is urging the government to stick to reforms to maintain the momentum...

The Latest: Argentine bank president says economy healing

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 10:40 a.m. Guido Sandleris, president of the Central Bank ...

Business Highlights

___ Stocks sink on growth fears and possible snag in trade talks NEW YORK (AP) — Stocks took a steep loss, ending a four-day winning streak, after the International...

Stocks dip as investors fear a weakening global economy

NEW YORK (AP) — Stocks across the world slipped Tuesday morning as investors again grow concerned about signs the global economy is weakening. The International Monetary Fund trimmed its economic fore...

Asian shares decline on concerns over global, China slowdown

SINGAPORE (AP) — Asian markets retreated Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at the slowest...

Asian shares decline on concerns over global, China slowdown

SINGAPORE (AP) — Asian markets were mostly lower on Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at ...

World economy forecast to slow in 2019 amid trade tensions

DAVOS, Switzerland (AP) — The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising U.S. interest rates. The IMF ex...

Analyst: 9 predictions for China in 2019

TAIPEI (Taiwan News) — 2019 marks several milestones for China, namely the 70th anniversary of the Chinese Communist Party (CCP), the 40th year of official relations with the U.S., and the 30th ...

Pakistan shelves major project of China's Belt and Road initiative

TAIPEI (Taiwan News) — The Pakistan government has announced its decision to shelve a major power plant project that was to be part of China’s Belt and Road infrastructure-building initiat...

Egypt introduces price index for fuel linked to oil prices

CAIRO (AP) — Egypt has created a new automatic price index mechanism for 95-octane gasoline as part of a reform program aimed at reviving the country's economy. The official Gazette ...

UAE to give $3 billion to Pakistan to boost economy

ISLAMABAD (AP) — A Pakistani Cabinet minister says the government of United Arab Emirates will soon deposit $3 billion into the State Bank of Pakistan to help the cash-strapped Islamic nation overcome...

IMF completes second review of Argentina loan

WASHINGTON (AP) — The executive board of the International Monetary Fund on Wednesday completed its second review of a three-year, $56 billion stand-by financing deal for Argentina. ...