Iran has condemned a “terrorist act” and vowed retribution after at least 95 people were killed in two bomb blasts at a ceremony to mark the death of a military commander.
VIETNAM BUSINESS NEWS JANUARY 4/2024
The State Bank of Vietnam (SBV), the country’s central bank, has made one-off credit growth quota allocations for commercial banks right at the start of 2024, instead of using the recurring allocation ...
Japan stocks: a minute’s silence, then a slide
STORY: It was a somber start to the year on the Tokyo Stock Exchange. Before trading began, ministers and officials held a minute’s silence to mark the country’s earthquake and air disasters. Finance ...
China’s Slumping Stocks Need Help From Beijing. Don’t Count On It.
Economists and analysts see little sign Beijing is willing to take aggressive steps to restore confidence in the economy.
Pakistan’s dollar bonds gain 93pc in 2023
Caretaker Finance Minister Shamshad Akhtar had earlier announced that Pakistan needs to approach the IMF for another bailout package. The financial sector in Pakistan believes that the country would ...
China’s fiscal spending will rise this year, finance chief says
CHINA’S government spending will rise this year, the nation’s minister of finance said, as authorities look for ways to bolster domestic demand and help the world’s second-largest economy regain ...
At $900 billion, India added as much mcap in 2023 as Sweden’s entire mcap
Domestic SIP inflows emerged as a key source of retail inflows in equities, reaching Rs 130 billion in fiscal 2023 and is projected to reach Rs 153 billion in FY 24.
China’s LGFVs must repay a record US$651 billion of bonds in 2024
China’s local government financing vehicles (LGFV) need to pay back a record amount of maturing local bonds this year, testing the limits of a central government program to help them refinance their ...
China’s Slumping Stocks Need Help From Beijing. Don’t Count On It.
Economists and analysts see little sign Beijing is willing to take aggressive steps to restore confidence in the economy.
China Stress-Tests Global Economy At Moment Of Maximum Anxiety
It’s a reminder of how China is likely to stress-test the global economy as never before in 2024, and a moment of maximum anxiety for Asia. Though Batson points to 2021, the real original sin on this ...