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FE ONLINE REPORT 2022-09-27 14:35:43
The Asian Development Bank (ADB) announced plans to provide at least $14 billion over 2022–2025 in a comprehensive programme of support to ease a worsening food crisis in Asia and the Pacific....
-- 2022-09-27 14:12:33
Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil Wickremesinghe told the city state’s premier on Tuesday, his office said in a statement. The l...
-- 2022-09-27 13:32:25
India's Adani Group will invest more than $100 billion in the next decade, Chairman Gautam Adani, the world's second-richest person, told a Forbes Global CEO Conference in Singapore, reports...
-- 2022-09-26 20:16:14
The British pound fell to all-time low against the US dollar early Monday after Treasury chief Kwasi Kwarteng pledged a sweeping package of tax cuts, fuelling concerns about the government's economic...
-- 2022-09-26 13:44:25
Pakistan's finance minister Miftah Ismail said on Sunday he planned to formally resign from the role, a change that comes as the country grapples with an economic crisis exacerbated by destructi...
-- 2022-09-24 15:15:29
Sri Lanka expects the International Monetary Fund board to approve a $2.9 billion loan by year-end, officials from the country's central bank told investors during a virtual presentation on Friday, so...
-- 2022-09-23 19:11:57
Under pressure to resign for declining to say whether he accepts the scientific consensus on global warming, World Bank President David Malpass said on Thursday it was clear greenhouse emissions are c...
-- 2022-09-23 15:45:06
Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, with British government bonds...
-- 2022-09-23 13:04:41
Sri Lankan authorities will formally hold talks with international creditors on Friday to start the process of restructuring billions of dollars of its debt and share plans to tackle the island's wors...
-- 2022-09-22 20:02:53
Despite the lingering impacts of Covid and the growing energy crisis, people employed globally in the renewable energy sector reached 12.7 million last year, an increase of 700,000 new jobs in just 12...
-- 2022-09-22 18:02:34
Crisis-hit Sri Lanka will begin on Friday the tricky task of debt renegotiation with a raft of private and bilateral creditors, including China, India and Japan, to restructure and repay nearly $30 bi...
-- 2022-09-20 20:35:56
India said on Tuesday it had begun talks with Sri Lanka on restructuring its debt and promised to support the crisis-hit neighbour mainly through long-term investments after providing nearly $4 billio...
REUTERS 2022-09-20 11:56:14
Japan's core consumer inflation quickened to 2.8 per cent in August, hitting its fastest annual pace in nearly eight years and exceeding the central bank's 2 per cent target for a fifth straight month...
-- 2022-09-20 11:28:30
Ecuador has reached an agreement to restructure its debt with Chinese banks, the government said in a statement on Monday, providing debt relief worth some $1.4 billion until 2025. Ecuador's Presiden...
REUTERS 2022-09-19 11:08:45
Before the pandemic, Doris Fu imagined a different future for herself and her family: new car, bigger apartment, fine dining on weekends and holidays on tropical islands. Instead, the 39-year old Sha...
-- 2022-09-18 18:37:41
A sharp rebound in consumer spending and rising employment will sustain economic growth in India in the months ahead, the government said in its monthly economic review for August published on Saturda...
OPEC and IAEA say 2022-09-18 17:49:56
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one. Two of the...
-- 2022-09-17 20:50:10
Since Russia's invasion of Ukraine, exports of grain from Ukraine, as well as food and fertilisers from Russia, have been hit hard. The disruption in supplies pushed soaring prices even higher and co...
REUTERS 2022-09-16 13:50:48
China's economy showed surprising resilience in August, with faster-than-expected growth in factory output and retail sales shoring up a fragile recovery, but a deepening property slump weighed on the...
REUTERS 2022-09-16 09:04:42
Downside risks continue to dominate the global economic outlook and some countries are expected to slip into recession in 2023, but it is too early to say if there will be a widespread global re...
-- 2022-09-15 18:40:52
Sri Lanka's economy shrank 8.4 per cent in the quarter through June from a year ago in one of the steepest declines seen in a three-month period, amid fertiliser and fuel shortages during the nation's...
-- 2022-09-12 20:17:17
When the Shannon family announced the closure of their garden centre just off London's busy South Circular road after 33 years of trading this month, their message to customers sought to explain their...
REUTERS 2022-09-12 13:18:22
The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday...
FE ONLINE REPORT 2022-09-09 17:31:05
The World Bank Group delivered a record $31.7 billion in the fiscal year 2022 (FY22) to help countries address climate change. This is a 19 per cent increase from the $26.6 billion all-time hig...
FE ONLINE DESK 2022-09-08 10:40:36
Asian benchmarks mostly rose Thursday, as investor optimism got a perk from a rally on Wall Street that's on track to break a three-week losing streak. Japan's benchmark Nikkei 225 surged nearly 2.0...
-- 2022-09-07 20:54:50
Abundant rice supplies in key exporters may largely offset an expected drop in output after floods in Pakistan and severe heatwave in China damaged crops, capping any gains in prices from steady Asian...
-- 2022-09-07 17:06:30
The Asian Development Bank (ADB) on Wednesday launched the Asia Clean Blue Skies Program (ACBSP) to scale up ADB's investments in improving air quality in Asia and the Pacific. Launched at the...
REUTERS 2022-09-06 10:43:54
Asian shares rose on Tuesday morning after China pledged to make renewed efforts to boost its economy on Monday, while investors pinned hope on more clarity ahead of a number of central bank meetings....
-- 2022-09-05 18:47:28
The euro was trading around $0.99185, down 0.4 per cent on the day. It slid during Asian trading hours and hit $0.9876 in early European hours, its lowest since 2002 EUR=EBS. Euro zone government bon...
-- 2022-08-31 17:44:42
Inflation in the European countries using the euro currency hit another record in August, fueled by soaring energy prices mainly driven by Russia’s war in Ukraine. Annual inflation in the euroz...
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