Latest

IMF lifts China's 2024 growth forecast to 5%
IMF lifts China's 2024 growth forecast to 5%
Economy
by  AFP

The International Monetary Fund on Wednesday raised its 2024 growth forecast for China to five percent, citing recent policy moves by Beijing to boost its struggling economy. The IMF on Wednesday welcomed official steps in recent weeks to boost the housing market.

Exxon plays hardball against climate NGOs. Will investors care?
Exxon plays hardball against climate NGOs. Will investors care?
Economy
by  AFP

ExxonMobil investors will have a chance to weigh in at Wednesday's annual meeting on the company's hardball approach to the latest shareholder challenge from environmentalists over climate change. ExxonMobil argued that the proposal was the same as one rejected by nearly 90 percent of company shareholders at the 2023 meeting.