World economy

Saudi Arabia keep pace with its mega-project spending spree?

Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling…

Russia says Ukraine attacked it using U.S.-made missiles

Moscow signaled to the West that it’s ready for a nuclear confrontation after Ukraine was given permission to attack Russian…

What Trump’s historic election victory means for the global economy

A worker is making textile export orders at a production workshop of a textile enterprise in Binzhou, China, on July…

Top Wall Street execs are getting skeptical on the Fed’s easing path

A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange…

Global public debt will hit $100 trillion by year-end, says IMF

A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International…

IMF warns on China’s property market worsening

Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg…

China-linked security breach targeted U.S. wiretap systems, WSJ reports

People observe the scenery near Chinese national flags displayed for National Day celebrations on October 3, 2024 in Chongqing, China.…

Saudi investment minister touts green shoring on path to diversification

Khalid Al-Falih, Saudi Arabia’s investment minister, during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 8, 2023.  Bloomberg…

Chairman of property firm Damac expresses concerns over ‘expensive’ Dubai

DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track…

Ray Dalio says the Fed faces a tough balancing act

Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference. Brendan…