Global policymakers have moved quickly to prevent soaring inflation from derailing a fragile world economic recovery

Growth in the world's second-largest economy has slowed since early 2021 as traditional engines of the economy such as real estate and consumption have faltered

The signings are Indonesia Investment Authority's first concrete steps since forming a toll road fund last year of up to $3.75 billion

The data will be a disappointment to Prime Minister Scott Morrison, who was hoping a figure below 4% would bolster his economic credentials in the run-up to the election next month

Futures on treasury bonds rose after the announcement, aimed at fighting surging inflation, while the won barely moved against the US dollar

The data were issued as Singapore's central bank tightened its monetary policy, saying the widely forecast move will slow the inflation momentum

Russia and China have already signalled opposition to strengthening sanctions in response to Pyongyang's launch of an intercontinental ballistic missile

Carmakers from Mercedes-Benz to Tesla to China's Nio are trying to dispel consumer anxiety over the lack of widespread charging infrastructure

The remarks reflect US appeals for China to side with Western democracies, with whom Beijing has enjoyed a lucrative economic relationship

Fitch Ratings said has downgraded Sri Lanka's long-term foreign-currency issuer default rating, reflecting its view that a sovereign default process has begun

Top offshore oil and gas producer is looking to sell operations in Britain, Canada and the US, because of concern the assets could be subject to Western sanctions, sources say

For most critical minerals, the US and western nations are minority suppliers with only modest capability to influence global markets, Citizens for Responsible Energy Solutions Forum said