The U.S. dollar traded higher against most major currencies on Wednesday, but remained weaker against the yen after the ...

The move has been met with relief by the war-weary in Lebanon but there was still a possibility it could change its position ...

The Federal Reserve downgraded its projections for U.S. economic performance this year, along with several primary economic ...

A surge in world oil prices because of the Iran war may not be a windfall for Latin American oil producers. Here’s why.

The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.

Flows of foreign direct investment (FDI) into developing economies—a key propellant of economic growth and higher living standards—have dwindled to the lowest level since 2005 amid rising trade and ...

WASHINGTON (Reuters) -Foreign direct investment flows into developing economies dropped to $435 billion in 2023, the lowest ...

The World Bank has approved two investments involving a total blended finance package of $2.13 billion to boost economic ...

The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to ...

The job of leading that reform now falls to Ajay Banga, an Indian American businessman and former CEO of Mastercard who was nominated by President Joe Biden to replace resigning World Bank President ...

A new report by the World Bank claims global economic growth could slow to its weakest level since the 1960s. The report ...