Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity ...

Note: Real effective exchange rates are assumed to remain constant at the levels prevailing during October 14-November 11, 2019. Economies are listed on the basis of economic size. The aggregated ...

Hackers infiltrated nearly 2,000 accounts of fintech startup Robinhood Markets Inc and siphoned off customer funds, Bloomberg News reported on Thursday, citing a person with knowledge of an internal ...

Hong Kong-Chinese automaker Chery Automobile will aim to raise up to HK$9.15 billion (S$1.5 billion) in a Hong Kong initial public offering, the largest deal of its kind for the city in 2025. China’s ...

The World Bank’s Poverty and Shared Prosperity series provides the latest estimates and trends in global poverty and shared prosperity. The 2022 edition provides the first comprehensive look at the ...

A fifth of U.S. adults now regularly get news on TikTok, up from just 3% in 2020. In fact, during that span, no social media platform we’ve studied has experienced faster growth in news consumption, ...