World

US Treasury Secretary Janet Yellen during an armchair discussion at the Rotman School of Management in Toronto, Ontario, Canada on Monday, June 20, 2022. Cole Burston | Bloomberg | Getty Images Treasury Secretary Janet Yellen said Tuesday that the U.S. economy was “doing very well” as rising energy prices, Covid-19 …

LONDON — U.K. bonds sold off again this week, pushing yields to their highest level since before the Bank of England’s historic intervention to avert a pension fund collapse late last month. Monday’s sharpest moves were concentrated in the index-linked gilt market — illiquid bonds where payouts to bondholders are …

The International Monetary Fund predicts global growth will slow. OLIVIER DOULIERY / Contributor / Getty Images The International Monetary Fund predicts global growth will slow to 2.7% next year, 0.2 percentage points lower than its July forecast, and anticipates 2023 will feel like a recession for millions around the world. …

Cars are seen on fire after Russian missile strikes, as Russia’s attack continues, in Kyiv, Ukraine October 10, 2022. Valentyn Ogirenko | Reuters Russia has dramatically ramped up its missile attacks on Ukraine in the last 48 hours, and experts say the country is running out of options — as …

Singapore has granted Coinbase regulatory approval to run cryptocurrency-related services in the island state. It is a big win for Coinbase as it continues to expand internationally despite continued pressure on the crypto market. Jakub Porzycki | Nurphoto | Getty Images U.S. cryptocurrency exchange Coinbase received a key regulatory license …

JPMorgan Chase CEO Jamie Dimon said new governments “always have issues” and U.K. Prime Minister Liz Truss should be “given the benefit of the doubt” following a turbulent first month in office. “It’ll take time to execute the policies and kind of drive growth and what’s important … [but] there’s …

JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters Jamie Dimon appears to be a fan of Elon Musk’s $44 billion Twitter takeover. “I hope Musk cleans up Twitter,” the JPMorgan CEO told CNBC’s …

India has become the go-to destination for many investors — and that’s partly because it’s doing better than many of its peers in a time of economic volatility, economists and analysts say. But research also shows India has a long way to go toward building infrastructure and enacting reforms that …

Bitcoin on Monday fell to its lowest level in over a week as investors continued to digest strong jobs data from Friday that pushed risk assets including cryptocurrencies even deeper into the red. The largest cryptocurrency by market cap was down by about 1.3% to $19,213.00, according to Coin Metrics. …

Canada’s exports to countries in the Comprehensive and Progressive Agreement for Trans-Pacific have outpaced its exports elsewhere, according to Mary Ng, the country’s minister of international trade, export promotion, small business and economic development. That’s in keeping with the trade bloc’s announcement, at last weekend’s review meeting, that the deal …