WASHINGTON (Jan 25): The International Monetary Fund (IMF) has cut its world economic growth forecast for 2022 as the Covid-19 pandemic enters its third year, citing weaker prospects for the US and China along with persistent inflation.
TOKYO : Oil prices eased on Wednesday as investors booked profits ahead of an update from the U.S. Federal Reserve, although fears over tighter supply amid tensions in Ukraine and the Middle East capped losses.
TOKYO: Toyota Motor Corp will halt more production in Japan this month because COVID-19 infections among autoworkers had slowed supplies of parts, the company said on Monday (Jan 24).
Hanoi (VNA) – Vietnam’s rubber export revenue is expected to reach 3.5 billion USD in 2022, and rubber price would rise to 3.8 USD per kg in the second half of the year, experts have said.
HONG KONG (Reuters) - Asian shares and U.S. futures tumbled on Tuesday after a tumultuous Wall Street session, with investors nervous about the situation in Ukraine and eyeing the U.S. Federal Reserve amid worries about a move to tighter monetary policy globally.
WASHINGTON (Reuters) - U.S. business activity grew at its slowest pace in 18 months in January as a winter surge in COVID-19 infections worsened worker shortages at factories, though demand remained strong.