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-- 2022-05-27 11:29:01
Hong Kong's central bank plans to hold a major conference in November it hopes will draw global banking bosses, sources said, as the financial hub seeks to welcome back international business followin...
-- 2022-05-27 09:50:39
Billionaire Elon Musk was sued by Twitter Inc investors claiming he manipulated the company's stock price downward, as the chief executive of electric carmaker Tesla mounts a $44 billion takeover bid...
-- 2022-05-26 18:22:14
World Bank President David Malpass on Wednesday suggested that Russia's war in Ukraine and its impact on food and energy prices, as well as the availability of fertilizer, could trigger a global reces...
-- 2022-05-26 14:16:22
From export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure, a strategy that appears to be...
-- 2022-05-25 17:00:02
The United States pushed Russia closer to the brink of a historic debt default on Wednesday by not extending its licence to pay bondholders, as Washington ramps up pressure on the country following it...
-- 2022-05-25 13:37:29
Sri Lanka's Prime Minister Ranil Wickremesinghe will hold dual charge as finance minister, the president's office announced on Wednesday and will lead talks with the International Monetary Fund (IMF)...
-- 2022-05-25 11:02:43
A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the Wor...
-- 2022-05-24 17:44:05
Western countries must not trade security for economic profit, NATO Secretary-General Jens Stoltenberg warned on Tuesday, referring to debates over the use of Chinese technology in 5G networks and the...
-- 2022-05-24 14:10:27
Sri Lanka increased fuel prices on Tuesday, a long-flagged move to mend public finances and combat its debilitating economic crisis, but the hikes are bound to add to galloping inflation at least in t...
-- 2022-05-23 20:28:42
Pakistan's central bank raised the key policy rate on Monday by 150 basis points to 13.75 per cent, the second hike in less than two months, as the South Asian nation grapples with a sinking economy....
-- 2022-05-22 19:16:15
US President Joe Biden arrived in Japan on Sunday to launch a plan for greater US economic engagement with the Indo-Pacific, facing criticism even before the programme is announced that it will offer...
BBC 2022-05-22 10:32:46
Governments need to subsidise the cost of food and energy for the poorest members of society, the head of the International Monetary Fund (IMF) has told the BBC. People around the world a...
-- 2022-05-21 22:17:31
India's Finance Minister Nirmala Sitharaman on Saturday announced a reduction of taxes on petrol and diesel to fight inflation and keep prices of essential items in check.The excise duty on petrol was...
-- 2022-05-20 19:38:45
Australia's unemployment rate stood at its lowest in almost 50 years in April as firms took on more full-time workers, a tightening in the labour market that will ratchet up pressure for further hikes...
-- 2022-05-20 16:26:04
Pakistan has imposed a complete ban on the import of more than three dozen non-essential luxury items as part of an emergency economic plan to stabilise the economy. On Thursday, Minister for Informa...
-- 2022-05-19 22:25:16
China wants to expand the group of emerging economies known as BRICS, in the first shake up of the bloc in over a decade, a senior Chinese diplomat said on Thursday.Brazil, Russia, India and China ini...
-- 2022-05-19 12:53:07
The World Bank said on Wednesday it will make $30 billion available to help stem a food security crisis threatened by Russia's war in Ukraine, which has cut off most grain exports from the two countri...
-- 2022-05-18 15:45:39
Britain’s inflation rate rose to the highest level in 40 years last month as Russia’s war in Ukraine fueled further increases in food and fuel prices. Consumer price inflation accelerated...
-- 2022-05-17 22:02:50
The dollar eased for a third straight day on Tuesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors' appetite for riskier bets diminished the US curren...
-- 2022-05-16 15:00:40
India's ban on exports of wheat due to the heatwave that hit crops has raised the prices of the staple cereal in the international markets. Domestic prices in the South Asian country ascended to a...
-- 2022-05-15 16:05:27
Afghanistan faces a budget deficit of 44 billion Afghanis ($501 million) this financial year, the country's Taliban authorities said on Saturday without clarifying how the gap between expected reven...
-- 2022-05-13 17:49:00
The dollar climbed to a 20-year high on Thursday as concerns persisted that central bank actions to counter high inflation would crimp global economic growth, boosting the currency's safe-haven appeal...
-- 2022-05-12 17:12:05
SoftBank Group sank into losses in the past fiscal year as the value of its global investments declined, the Japanese technology company reported Thursday. SoftBank Group Corp. reported red ink total...
-- 2022-05-11 23:16:10
US consumer price growth slowed sharply in April as gasoline prices eased off record highs, suggesting that inflation has probably peaked, though it is likely to stay hot for a while and keep the Fede...
-- 2022-05-11 21:42:20
The war in Ukraine will help slow the growth of officially recorded remittance flows to low- and middle-income countries to an estimated 4.2 per cent this year from a strong 8.6 per cent rebound in 20...
-- 2022-05-10 17:12:15
Indian shares fell and the rupee hit an all-time low on Monday, weighed down by global economic growth worries due to tightening of lockdown in Shanghai and fears inflation could increase aggressive p...
-- 2022-05-09 17:10:19
Ukraine has sown about 7.0 million hectares of spring crops so far this year, or 25-30 per cent less than in the corresponding period of 2021, and exported 1.090 million tonnes of grain in April, Ag...
-- 2022-05-08 23:19:29
The Group of Seven (G7) leaders said in a joint statement on Sunday that they will reinforce Russia's economic isolation and ‘elevate’ a campaign against Russian elites who support Preside...
-- 2022-05-08 19:48:08
The China-backed Asian Infrastructure Investment Bank (AIIB) is considering granting $100 million in emergency support to Sri Lanka, the country's finance ministry said on Sunday. Sri Lanka has reque...
-- 2022-05-07 16:07:30
Somalia's government has asked the International Monetary Fund (IMF) to extend its financial support by three months to August 17, the head of the IMF's country mission told news agency Reuters. The...
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