Mario Draghi

Global Economy

Briefs

SINGAPORE (July 29): “Generally speaking, you have resilience in the services sector and in the construction sector. At the same time, this outlook is getting worse and worse. And it’s getting worse and worse in manufacturing, especially. And it’s g

Global Economy

Central banks turn dovish as IMF urges to 'do no harm'

SINGAPORE (Apr 15): Major central banks around the world have maintained a dovish stance, in line with a softer growth outlook by the International Monetary Fund.
European Central Bank (ECB) image

ECB begins corporate bond purchases

BERLIN (June 8): The European Central Bank takes a step into uncharted territory Wednesday when it buys bonds issued by companies, in a bid to kickstart sluggish growth and inflation in the eurozone.
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