Indian stocks started Friday in the red, extending a sharp fall on Thursday when benchmarks marked the worst decline since early August. Concerns over a weakening economy and a pick-up in selling by foreign investors have weighed on confidence this week.

India's New F&0 Rules Lead to Stocks Fall

On Inside South Asia: - A new strategic alliance in Asia - comprising Russia, China, Iran and Pakistan. Is it a counter to the Indo-Pacific Quad? - Sweeping economic reforms in Pakistan. But no end to leaks for the privileged. - Relentless monsoon rains wreak havoc in Nepal and India. Floods and landslides kill more than 200 people - Kolkata in India bids a final farewell to its iconic tram.

A New 'Quad' in Asia? | Kolkata Trams: End of an Era

Sri Lanka's newly elected President, Anura Kumara Dissanayake, met with International Monetary Fund representatives in Colombo to discuss the country's ongoing $2.9 billion bailout.

Sri Lanka's New President Seeks IMF Deal Revisions, Eases Austerity

The people of Bangladesh are reportedly enduring staggering price hikes, the devastation of natural disasters, and the ever-deepening economic crisis, among others. Bangladesh’s interim government meanwhile continues to speak of reforms and changes that will supposedly shape a better future even as the people of Bangladesh suffer in the present.

Bangladesh Government Crashing Under Economic Chaos

S&P global ratings has downgraded Israel's long-term sovereign credit rating from 'A+' to 'A', with a negative outlook. The downgrade reflects heightened security risks from the ongoing conflict and rising Defence-related spending.

S&P Cuts Israel’s Long-term Rating To ‘A’ From ‘A+’

Chinese travelers are gearing up for a significant travel surge during the upcoming national day "Golden week" holiday, which runs for seven days this week. According to booking platform trip, 60 percent of domestic travelers plan to embark on long-haul trips, a notable increase from the 39 percent recorded last year

'Golden Week' Sees Surge In Long-Haul Travel As Airfares Drop

China's overseas investment reached a record high in the June quarter of 2024. Chinese firms increased their global assets by $71 billion. This marks an 80% rise from a year ago and is the highest level since records began in 1998.

China's Global Investment Push Meets Economic Headwinds At Home

China's Overseas Investments Surge, But FDI In China Declines

A revival in China's stock market driven by a stimulus blitz fails to register with fed-obsessed U.S. Traders. Market gyrations in the Asian superpower barely impact U.S. Indices as wall street fixates on the fed and AI.

China Enters Weeklong Holiday Following Stimulus-Fueled Surge

As part of its latest effort to stabilise the recession-hit real estate market, china has lowered borrowing rates on mortgages of up to $5.3 trillion, affecting millions of households. The people's bank of china said that homeowners will be able to renegotiate loan terms with their present lenders starting from November 1.

China Moves To Cut Mortgage Rates To Revive Housing Market

Markets started on a high the week in Asia after china's stimulus glitz took hold last week. China's latest move to tackle its property crisis lifted stock markets in the mainland and Hong Kong on Monday. However, Tokyo shares dropped after a proponent of bank of japan tightening emerged victorious in the ruling party's leadership race.

Stocks Rally Extend After China's Fresh Steps to Ease Housing Woes

Have you looked at the recent rich lists and wondered why none of the Chinese tycoons feature on it? Turns out most of them want to devalue their stocks deliberately to keep the government's target off their back.

Why Ultra-Rich Chinese Are Fleeing

Is China facing a Japan-style deflation? Those betting on the theory that China faces a "Japanification" of its economy look set to enjoy a symbolic milestone in the bond market. Watch in for more details!

China Bonds Flash 'Japanification' Warning

India has emerged as the world's growth engine. As slowdown sweeps through the major economies, India's rise comes as an exception. But how sustainable is this growth?

Tracking India's Economic Affluence

As Japan's Sushi bars brim with eager tourists, a looming rice shortage threatens to disrupt the culinary harmony of this gastronomic paradise. With demand skyrocketing and harvests faltering, the nation faces its most significant rice crisis in decades. Discover the unfolding story of food and Japan's economy in this report.

Japan’s Rice Shortage: A Culinary Crisis

A Bloomberg report quotes sources showing Kenya is in talks for a 1.5 billion dollar loan from Abu Dhabi. This is to help bridge the east African nation's budget-financing gap. Watch to know more.

Kenya in Talks for $1.5 Bn Abu Dhabi Loan

The US has informed the European union (EU) that it will contribute 20 billion dollars to a huge assistance package led by the group of seven for Ukraine. The condition, though, set by the US is that the bloc needs to tweak its Russian sanctions regime as planned to make it more predictable. Watch to know more.

US, EU Eye Russian Assets for Aid to Ukraine

In an ecologically delicate region, Russia has already sent more oil than ever before this year. The route is over its portion of the arctic circle, speeding up cargo shipments to china. Watch to know more.

Western Sanctions on Russia's Oil Exports Working ?

Have you looked at the recent rich lists and wondered why none of the Chinese tycoons feature on it? Turns out most of them want to devalue their stocks deliberately to keep the government's target off their back. Watch to know more.

Is Becoming Wealthy the New Threat in China ?

Ireland's plan for the nearly 14 billion pounds or 15.6 billion dollars tax bill from a recent apple court ruling. The windfall is the result of an order by the European union's top court for apple to pay the bill. The Irish prime minister Simon Harris said this tax boon will be used for housing, energy and water infrastructure.

Apple Tax Windfall to Boost Ireland's Economy

Democratic Presidential nominee Kamala Harris promised to support business owners and their employees while outlining her plan for a new "Opportunity economy" that would create jobs and boost the economy.

US: Kamala Harris Campaign Unveils Economic Policy Book

Apple Tax To Help Ireland's Economic Security

US: Kamala Harris Outlines Vision for 'Opportunity Economy'

The international monetary fund has approved a $7 billion extended fund facility for Pakistan, aimed at stabilising the country’s struggling economy. This deal marks Pakistan’s 25th IMF program since 1958.

Pakistan Secures $7 Billion Imf Deal Amid Economic Reforms

Asian stocks rally to the highest level since 2022 on thursday as fresh signs of vigor in technology stocks spread across Asia. Tech-heavy Japanese and south Korean stock indices rose. Futures on the Nasdaq 100 added to the index's gains from wednesday in new york trade.

Global Markets: Tech Lift Asian Stocks to Two-year High

As Sri Lanka grapples with an economic crisis, the newly elected President, Anura Kumara Dissanayake is taking decisive steps to reshape the country's financial future. In a televised address...president Dissanayake called for immediate talks with the IMF regarding a crucial $2.9 billion bailout.

Sri Lanka President Dissanayake Urges Immediate Talks With IMF

A survey finds Hong Kong is once again the leading financial centre in Asia, knocking Singapore back to second place in the region. This is excellent news for Hong Kong's financial industry, which has endured hardships due to pandemic restrictions that drove many employees from the city.

Hong Kong Overtakes Singapore in World Financial Center Ranking

Chinese central banker Pan Gongsheng unleashed one of china's most daring policy campaigns in decades. However, economists say the adrenaline shot is only buying china a little time. Economists believe the stimulus blitz is just a down payment. They say, in addition to the latest measures, china needs reforms to reconfigure the economy and unleash consumption growth fundamentally.

Economists: China's Stimulus Buys More Time Only

For President Javier Milei, July data showed a larger-than-expected upturn. This is encouraging news after the economy has been mired in its sixth recession in a decade.

Argentina's Economy Grows More Than Expected In July

British PM Keir Starmer has insisted that Sue Gray's Salary should not be the subject of public debate. Starmer also said that the growing number of negative briefing about his chief of staff were not helpful. Watch WION to know more.

British PM Keir Starmer Defends Top Aide Sue Gray

Sri Lanka's long-term foreign currency rating at Rd which is restricted default while keeping the long-term local currency at CCC. Now an RD rating indicates that a country has defaulted on a financial obligation but has not yet filed for default or entered into any other formal winding up procedures.

Fitch Holds Sri Lanka's Foreign-Currency Rating At RD

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