Economic Minister refutes IMF bailout rumors

He went on to insist that Maldives did not need an IMF package as the economic growth was better than expected.

16 February 2024

Global hedge funds plan 2023 around inflation risk

Most of the hedge fund managers Reuters spoke to think long-short equity strategies will remain out of favour after last year's underperformance.

5 January 2023

Global natural catastrophe 2022 insured losses seen at $112 bln

This year's renewal season was "one of the most challenging. ..the sector has experienced", Guy Carpenter said.

1 January 2023

Global central banks deliver historic rate hike blast in 2022

All major central banks bar the Bank of Japan raised rates this year.

25 December 2022

ADK to hike service fees over high operating costs

ADK said that the change in service prices can be viewed at the hospital's counters.

14 December 2022

World Bank warns global economy could tip into recession in 2023

The bank called for increased support from the international community to help low-income countries deal with food and energy shocks.

12 January 2023

3% hike in commodity prices; unlikely to rise again

Many traders said they were unlikely to see any further hike in prices this year.

31 January 2023

Oil gives up the year's gains, closing at 2022 low

Russia is considering options including banning oil sales to some countries to counter the price cap imposed by Western powers.

8 December 2022