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2026-10-13T19:30:45.845Z

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Apple focuses on smart homes and foldables

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6 Hrs2026-10-13T19:30:39.169Z
Apple focuses on smart homes and foldables

Dollar falls as yen climbs on inflation outlook

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15 Hrs2026-10-13T10:21:00.000Z
Dollar falls as yen climbs on inflation outlook

South Korean stocks fall 7% over AI concerns

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16 Hrs2026-10-13T09:52:00.000Z
South Korean stocks fall 7% over AI concerns

Saudi Arabia forecasts 7.9% growth in 2024

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20 Hrs2026-10-13T05:42:58.647Z
Saudi Arabia forecasts 7.9% growth in 2024

KOSPI Falls 7% Amid Semiconductor Losses

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21 Hrs2026-10-13T04:41:04.000Z
KOSPI Falls 7% Amid Semiconductor Losses
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IMF: Global Economy Nearing Limits

IMF: Global Economy Nearing Limits

The International Monetary Fund raised its global economic growth forecast for 2023 to 3.1%, while maintaining its forecast for 2024 at 3.4%. This comes amid an expected decline in inflation to 4.1% next year, after rising to 4.7% this year. Despite market resilience and support from the technology sector, the IMF warns that this resilience is approaching its limits, with increasing risks due to the depletion of energy resources and rising bond yields. The IMF also forecasted slower growth for advanced economies at 1.8%, with a slight improvement in the United States to 2.3%, and China remaining steady at 4%. Additionally, the IMF downgraded its growth outlook for France to 0.4%, and warned of a slowdown in the UK’s growth due to high energy prices and interest rates.

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