economy

One worker at a time, virus-hit China’s factories sputter back online
World

One worker at a time, virus-hit China’s factories sputter back online

The Xuda Shoes Company is usually bustling at this time of year, with workers having long returned from a Lunar…
Virus hammers China’s February economic activity: data
World

Virus hammers China’s February economic activity: data

China’s manufacturing activity fell to its lowest level on record in February as official data on Saturday confirmed the massive…
WHO warns of pandemic risk after virus peaks in China
World

WHO warns of pandemic risk after virus peaks in China

The new coronavirus has peaked in China but could still grow into a pandemic, the World Health Organization warned, as…
Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20
World

Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20

The deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned Sunday, as G20…
Egypt’s Public Domestic Debt lowest in a decade: Cabinet
Business

Egypt’s Public Domestic Debt lowest in a decade: Cabinet

Egypt’s Public Domestic Debt as a percent of the country’s Gross Domestic Product has fallen to its lowest level in…
Virus hits shipping, spreading global economic strain
World

Virus hits shipping, spreading global economic strain

Sea freight transport, the lifeblood of trade and a bellwether of the global economy, has been blown off course by…
Coronavirus could damage global growth in 2020: IMF
World

Coronavirus could damage global growth in 2020: IMF

The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid…
Japan suffers worst economic slump in five years
World

Japan suffers worst economic slump in five years

Japan has suffered its worst quarterly GDP contraction in more than five years, with a tax hike and a deadly…
Egypt’s growth rate soars among emerging countries: Minister
Business

Egypt’s growth rate soars among emerging countries: Minister

Egypt has achieved one of the highest growth rates among emerging countries during the 2018/2017 fiscal year, at 5.6 percent…
Egypt’s economy achieves highest growth rate in 11 years: Cabinet
Economy

Egypt’s economy achieves highest growth rate in 11 years: Cabinet

The Egyptian economy has achieved its highest growth rate in 11 years, according to a statement on Sunday by the…
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