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-- 2022-04-14 17:08:43
Nepal will fall short of its growth target, a top government official said on Thursday, underscoring the troubled state of an economy grappling with a pandemic-induced loss of tourism, a widening trad...
FE REPORT 2022-04-14 10:03:22
The heads of the World Bank Group (WBG), International Monetary Fund (IMF), United Nations World Food Program (WFP), and World Trade Organization (WTO) in a joint statement called for urgent action...
-- 2022-04-13 13:12:23
Elon Musk was sued on Tuesday by former Twitter Inc shareholders who claim they missed out on the recent run-up in its stock price because he waited too long to disclose a 9.2 per cent stake in the so...
-- 2022-04-12 20:42:56
The US inflation rate hit a fresh 40-year high in the year to March after fuel prices soared during the first full month of the Ukraine war. Consumer prices increased by 8.5 per cent, the largest rat...
FE ONLINE DESK 2022-04-12 19:53:13
Over a quarter of a billion more people could crash into extreme levels of poverty in 2022 because of the Covid-19 pandemic, rising global inequality and the shock of food price rises supercharged by...
-- 2022-04-12 18:24:26
The World Trade Organization (WTO) on Tuesday revised down its forecast for global trade growth this year to 3.0 per cent from 4.7 per cent due to the impact of the Russia-Ukraine war and warned of a...
-- 2022-04-11 16:16:27
Ukraine's economic output will likely contract by a staggering 45.1 per cent this year as Russia's invasion has shuttered businesses, slashed exports and rendered economic activity impossible in large...
-- 2022-04-11 10:26:57
Elon Musk, Twitter's biggest shareholder, has decided not to join the social media company's board, Chief Executive Parag Agrawal said in a tweet on Sunday, reports Reuters. Musk, who disclosed...
-- 2022-04-10 10:09:37
European equity funds attracted heavy inflows in the week ended April 6 as the Russia-Ukraine conflict whetted investor appetite for defence and energy stocks, while other regions posted outflows on c...
-- 2022-04-09 12:12:27
Sri Lanka's central bank doubled its key interest rates on Friday, raising each by an unprecedented 700 basis points to tame inflation that has soared due to crippling shortages of basic goods driven...
-- 2022-04-08 17:44:10
Japan, the world's third-largest coal importer, said on Friday it will ban coal imports from Russia and impose a wide range of additional sanctions, including freezing the assets of two major banks an...
-- 2022-04-08 16:38:27
World food prices jumped nearly 13 per cent in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils, the UN food agency said on Friday. The Foo...
-- 2022-04-08 13:17:55
The Reserve Bank of India kept its key lending rate at a record low on Friday, as expected, as it sought to support economic growth even as inflation edged higher in the wake of the Russia-Ukraine war...
FE ONLINE REPORT 2022-04-07 18:11:29
Mobile money adoption and use saw continued growth in 2021, processing a record $1.0 trillion, according to a report. says a report. As per the report titled ‘State of the Industry Report on Mo...
-- 2022-04-07 11:29:31
Tourism spending in China plunged over this week's Qingming festival, as the world's second-largest economy battles a rise in infections. The amount tourists spent during the key thre...
-- 2022-04-07 11:25:55
Samsung Electronics Co Ltd reported on Thursday an estimated 50 per cent jump in quarterly operating earnings to post its highest first-quarter profit since 2018, beating expectations as solid de...
-- 2022-04-05 12:23:50
The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at American banks, in a move meant to ratchet up pressure...
-- 2022-04-05 10:31:09
Tesla boss Elon Musk on Monday disclosed a 9.2 per cent stake in Twitter, worth nearly $3 billion, making him the micro-blogging site's largest shareholder and triggering a rise of more than 27 p...
-- 2022-04-01 17:56:27
Egypt has added 78 countries to its e-visa portal for tourists, expanding the list to cover more than 180 countries in a bid to attract more visitors, the Ministry of Tourism and Antiquities said...
-- 2022-04-01 15:07:25
Russian gas was still flowing to Europe on Friday despite a deadline set by President Vladimir Putin to cut it off unless customers start paying in roubles, Moscow's strongest threat to retaliate for...
-- 2022-03-30 17:20:41
Swathes of Sri Lanka faced prolonged power cuts on Wednesday as a deepening economic crisis roiled markets and buffeted businesses, with the government unable to pay for fuel shipments because of a fo...
-- 2022-03-29 22:11:27
Russia retaliated in what it has called an "economic war" with the West on Tuesday by offering to buy back its $2 billion Eurobonds maturing next month in roubles rather than dollars. The offer on Eu...
-- 2022-03-29 19:25:46
Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, finding time to visit to one of the biggest buyers of Russian commodities since the international community began...
-- 2022-03-28 17:04:26
Sri Lanka has sought an additional credit line of $1.0 billion from India to import essentials amid its worst economic crisis in decades, two sources said on Monday, as the Indian foreign minister beg...
-- 2022-03-26 18:08:32
The Russian central bank said on Saturday that the Moscow Exchange will resume trading on Monday, with Russian shares and bonds in normal mode, albeit for half a day. It said the trading session will...
-- 2022-03-26 13:02:05
Nearly a year after Covid vaccines became freely available in the US, one-fourth of American adults remain unvaccinated, and a picture of the economic cost of vaccine hesitancy is emerging. It points...
Ismail Hossain 2022-03-26 10:07:42
Two Sessions, China’s most important annual political event, ended last week with a promise of stability, clean, green and quality growth, more transparency and more power to the grassroots lead...
-- 2022-03-25 18:05:55
The Sri Lankan government aims to earn 1.0 billion US dollars from gem exports this year with steps being taken to increase the exports to more markets, local media reported Thursday. Minister...
-- 2022-03-25 16:26:33
World stocks are headed for a second consecutive week of gains for the first time in 2022 though sentiment was broadly cautious as markets evaluated the economic risks from the Federal Reserve's polic...
FE ONLINE REPORT 2022-03-24 20:00:35
Russia-Ukraine war coupled with changes in macroeconomic policies by countries in recent months has compelled the United Nations (UN)’s trade and development body to downgrade its global economi...
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