In a relief to consumers, the government has lowered natural gas prices for the first time in two years. This benefits CNG and cooking gas production. The Oil Ministry's PPAC announced the price cut ...

Papua New Guinea’s economic reform agenda continues to yield positive results, with the International Monetary Fund (IMF) ...

The dampened outlook for the U.S. mirrors a slowdown expected for the global economy, the OECD said, predicting global economic growth to fall from 3.4% in 2024 to 2.9% in 2025.

Confidence in the economic outlook in the euro area recovered modestly this month as consumers and industry shook off some of the turmoil prompted by the Trump administration’s tariff policies ...

Asia’s near-term outlook has weakened amid rising trade tensions with growth in the reference forecast slowing to 3.9 percent this year from 4.6 percent in 2024. That is a 0.5 percentage point ...

The Executive Board completed the Fourth Reviews under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangements for Papua New ...

The economic outlook is too uncertain. Air carrier’s stock drops, as quarterly results bested forecasts but the profit view for the current quarter was on the downbeat side.

The OECD forecasts a continued slowdown in global economic growth this year, driven by persistent trade tensions — such as US tariffs — and stubbornly high inflation.

The European Commission said Monday that it expects the combined gross domestic product of the 20 countries that share the euro to rise 0.9% this year and 1.4% in 2026, as U.S. tariffs hit exports.

The dampened outlook for the U.S. mirrors a slowdown expected for the global economy, the OECD said, predicting global economic growth to fall from 3.4% in 2024 to 2.9% in 2025.

The country classification in the World Economic Outlook divides the world into two major groups: advanced economies and emerging and developing economies. Please refer to the introduction to the ...