Sri Lanka Cuts Rate for Second Time as Inflation Halves
Sri Lanka cut its benchmark rate for the second consecutive meeting as faster disinflation gave policymakers the space
2023-07-06 10:20
Sri Lanka, Pakistan Markets Take Off After Major Hurdles Cleared
Investors flocked to Sri Lanka and Pakistan’s markets after the embattled nations crossed major hurdles to revive their
2023-07-04 19:58
Senegal President Rules Out Bid for Third Term; Eurobonds Rally
Senegalese President Macky Sall ruled out seeking a third term in next year’s presidential elections, bringing an end
2023-07-04 16:16
China Banks Offer 25-Year Loans to LGFVs to Avert Credit Crunch
China’s biggest state banks are offering local government financing vehicles loans with ultra-long maturities and temporary interest relief
2023-07-04 09:21
Saudis and Russia Extend Oil Supply Cuts to Prop Up Market
Saudi Arabia will prolong its unilateral oil production cut by one month, keeping a lid on supply amid
2023-07-04 00:46
Pakistan Inflation Eases in June Amid Record Interest Rates
Pakistan’s inflation eased in June for the first time in seven months as record borrowing costs dampened demand
2023-07-03 15:29
Singapore’s Star Banker Creates a Succession Dilemma for DBS
For more than 13 years, Piyush Gupta has led one of Singapore’s most iconic institutions, the bank that
2023-07-03 08:57
A $30 Billion Disaster Is Just the Tip of a Deadly Climate Cycle
When night falls in the refugee camp outside Karachi, Shanawaz Khoso worries about snake bites. The 38-year-old and
2023-07-03 07:23
Pakistan’s Politics Seen Key to Deliver on New IMF Aid Program
Pakistan won vital breathing space from a potential debt default thanks to a draft agreement with the International
2023-07-02 11:53
Charting the Global Economy: US Inflation Cools, Europe’s Rises
Underlying inflation cooled in the US and quickened in Europe, according to the latest readings, while central bankers
2023-07-01 17:27
Venezuela’s $2 Billion Gold Case in UK Sent Back to Lower Court
President Nicolas Maduro’s quest to gain control of roughly $2 billion in Venezuelan gold held in the UK
2023-07-01 02:19
Sri Lanka Seeks to Restructure $19.8 Billion of Local Debt
Sri Lanka is seeking to restructure about $19.8 billion of local bills and bonds, equivalent to half of
2023-06-30 15:22