Russia-Ukraine conflict likely to exacerbate economic woes of Nepal The ongoing Russia-Ukraine conflict will likely exacerbate the economic woes of Nepal as the spiralling oil and commodities prices in the international market will further widen the country’s burgeoning trade deficit and exert even more pressure on the country’s balance of payments (BoP) and foreign exchange reserves. Nepal 10 Mar, 2022
Ghana votes as President Mahama seeks a final term ACCRA: Ghana voted on Wednesday in a presidential election that looks set to be a tight race, with the incumbent John Mahama seeking a second term in charge of an economy that has slowed since he took power. Lower global prices for Ghana's gold,... Women 08 Dec, 2016
Oil edges up on US inventories, but slowing Asia weighs SINGAPORE: Oil prices rose in early trading on Thursday, supported by a report of another fall in US crude inventories as well as a weaker dollar, although a glut of refined products and economic growth concerns continue to weigh on... 07 Jul, 2016
Mongolians vote for new parliament with economy on the rocks ULAANBAATAR: Mongolians voted on Wednesday for a new parliament, with slowing growth topping the list of concerns for many, while the main opposition party promised to rein in spending and the ruling party looks to diversify a resource-reliant... Women 29 Jun, 2016
Brazil's Temer calls for unity, confidence for Brazil recovery BRASILIA: Brazil's interim President Michel Temer called on his country to rally behind his government of "national salvation," hours after the Senate voted to suspend and put on trial his leftist predecessor, Dilma Rousseff, for breaking budget... Women 13 May, 2016
How ChemChina tried to gatecrash Shell's BG mega-deal LONDON: Chemical giant ChemChina approached BG Group with a possible bid late last year, just as Royal Dutch Shell was preparing to close a $52 billion deal to buy the British energy company, seven banking and industry sources with knowledge of the... 19 Apr, 2016
Japan leads Asian stocks higher, oil buoyant as dollar sags TOKYO: Asian stocks rose on Tuesday, led by a rebound in Japanese stocks, while commodities such as crude oil stood tall thanks to a sagging dollar. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent. Japan's Nikkei,... 12 Apr, 2016
WTO cuts 2016 global trade forecast to 2.8 per cent Geneva, April 7 The World Trade Organisation (WTO) today revised its 2016 global trade forecast downward by more than one percentage point, warning that a slowdown in China and broad market volatility continued to threaten growth. In September,... 08 Apr, 2016
China exports slumped more than a quarter last month Beijing, March 8 China exports saw their heaviest fall in nearly seven years in February, diving more than a quarter as feeble global trade offset the weaker yuan and raised pressure on Beijing to ramp up domestic demand. The below-forecast... 09 Mar, 2016
Asia shares scale 7-week peak, commodities on the mend SYDNEY: Asian shares were bound for a third straight session of gains on Thursday as upbeat data on US jobs and a rally in a range of commodities whetted risk appetites globally. Notably, oil shrugged off record high US crude stockpiles as... 03 Mar, 2016
China�s trade slumps much faster than expected Beijing, February 15 China’s January trade performance was worse than expected as tepid demand persisted both at home and abroad, raising expectations of further government measures to arrest the slowdown and to quell market jitters. January... 16 Feb, 2016
Asia stocks jump as dollar slide boosts oil SYDNEY: Asian shares rallied on Thursday as speculation the US Federal Reserve might opt to not raise interest rates at all this year hammered the dollar and sparked a huge rally in oil prices. By some measures the US currency suffered its... 04 Feb, 2016