Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even as...
Continue reading...Economy
Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll
Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine,...
Continue reading...China Q4 GDP Slows on COVID Woes, But Beats Expectations
The Chinese economy grew at a slower pace in the fourth quarter of 2022, data showed on Tuesday, as disruptions caused by the country’s now relaxed...
Continue reading...Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ
The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve...
Continue reading...Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also speculated...
Continue reading...The World Bank has lowered India’s GDP prediction for FY23 to 7.5 percent, citing increasing inflation
Based on inflationary pressures, supply-chain challenges, and geopolitical concerns resulting from Russia’s invasion of Ukraine, the World Bank decreased India’s real gross domestic product (GDP) growth...
Continue reading...With a 5.3 percent rise, jet fuel costs are at an all-time high; this is the tenth increase this year
In keeping with a jump in global energy costs, jet fuel prices were boosted by a whopping 5.3 percent on Monday, marking the ninth consecutive increase...
Continue reading...Prime Minister Modi, India has the world’s fastest-growing start-up ecosystem
India’s use of semi-conductors is predicted to exceed USD 110 billion by 2030, according to Prime Minister Narendra Modi, and the country has the world’s fastest-growing...
Continue reading...India, Nepal agree to form joint task force on building hydropower project
India and Nepal on Thursday agreed to form a joint task force on a proposal to construct a hydropower project from investments of the two neighboring countries. The...
Continue reading...India-UAE deal on Friday to double bilateral trade to $100 billion
India and the United Arab Emirates (UAE) will on Friday sign a Comprehensive Economic Partnership Agreement (CEPA), with an aim to more than double the bilateral...
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