PESHAWAR, Pakistan (AP) — A nearly weeklong closure of a key crossing on the Afghanistan-Pakistan border has disrupted bilateral trade and the movement of people, causing financial losses to ...
Saudi’s PIF takes $8 billion writedown on megaprojects
The kingdom’s sovereign wealth fund is the engine driving its ambitious Vision 2030 economic transformation plan.
Iraq reports $4.5bn fiscal surplus in first half of 2025
Iraq recorded a budget surplus of around $4.5 billion in the first half of 2025 after an increase in its crude output in line with OPEC+ production quotas. The balance contrasts with a deficit of ...
Myanmar-China gas pipeline goes into operation – Yahoo Finance
Gas has started flowing to energy-hungry China through a pipeline from Myanmar, Beijing's official media reported, in a major project that highlights their economic links even as political ties come ...
Pakistan Accord’s Safety Standards Spur Industry Support in Spite of Tariffs
A growing number of brand signatories and factory inspections has made the country's garment industry more export-ready.
South Africa row over army chief’s pro-Iran comments
The Democratic Alliance, part of South Africa government, called for Gen Maphwanya to be "court-martialled". It said his comments had gone "beyond military-to-military discussions and entered the ...
Fight against tuberculosis stalls in Bangladesh as U.S. cuts aid
Earlier this year, the Trump administration’s defunding of USAID brought an abrupt halt to hundreds of global health programs, including those targeting tuberculosis. The disease kills more people ...
Rice prices surge up to 14%! Indian traders are rushing shipments to Bangladesh; here’s why
Following Bangladesh's decision to allow duty-free rice imports, Indian rice prices have surged by up to 14% in two days. Traders are rapidly exporting to Bangladesh, causing a temporary domestic ...
India plans sweeping consumption tax cuts by October to boost economy
India's government will slash the consumption tax it charges consumers and businesses by October, a top official said on Friday, hours after Prime Minister Narendra Modi announced sweeping tax reforms ...
Flash floods triggered by torrential rains kill over 200 people in India and Pakistan
At least 300 people were rescued Thursday after a powerful cloudburst triggered floods and landslides, but the operation was halted overnight. Officials said many missing people were believed to have ...