While there remain a lot of macroeconomic “issues and challenges”, the global economy “is not as bad as feared at the beginning of the year,” said Tim Fox, head of research and chief economist at Emirates NBD bank, addressing the opening Economic...
The cost of restructuring the debts of South Korea’s shipping and shipbuilding industries is estimated to be at a staggering KRW31trn ($27.3bn), according to a recent report by the International Monetary Fund (IMF).