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Posted on April 30, 2025

Indian Oil’s fourth-quarter profit jumps on inventory gains

Indian Oil Corp , the country's top refiner, reported a 50% jump in fourth-quarter profit on Wednesday, mostly helped by inventory gains, with the company looking to tap spot markets for more crude ...

Posted on April 30, 2025

Adani Group pauses talks with Israel’s Tower for $10 billion India chip foray: Report

Tower was to provide technological expertise in the deal, but 'Adani wanted Tower to have more skin in the game' in financial terms ...

Posted on April 30, 2025

BYD breaks ground on assembly plant in Cambodia

The CKD vehicle assembly facility is slated for completion in October and start production in November this year.

Posted on April 30, 2025

Ready to revise Sri Lanka bailout after US tariffs: IMF

The International Monetary Fund on Tuesday offered to revise the terms of a $2.9 billion bailout loan to cash-strapped Sri Lanka, should the United States reinstate punitive tariffs on exports.

Posted on April 30, 2025

Govt. keen on favorable outcome before 90-day pause on Trump tariffs ends

The Sri Lankan government is confident of arriving at a favorable outcome regarding the reciprocal tariffs imposed by United States President Donald Trump, before the lapse of the temporary 90-day ...

Posted on April 30, 2025

Thai central bank cuts key rate again, lowers growth forecasts as tariffs loom

Thailand's central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep U.S.

Posted on April 30, 2025

Turkey arrests Istanbul municipal employees in widening crackdown

Turkish authorities have arrested 18 employees of the Istanbul municipality on corruption charges, days after detaining more than 50 others in a broadening legal crackdown against the city’s jailed ...

Posted on April 30, 2025

Turkey arrests Istanbul municipal employees in widening crackdown

Turkish authorities have arrested 18 employees of the Istanbul municipality on corruption charges, days after detaining more than 50 others in a broadening legal crackdown against the city’s jailed ...

Posted on April 30, 2025

SM Investments to focus on agility, financial discipline amid Trump tariffs

SM Investments Corp. (SMIC), the holding firm of the Sy family's businesses, said Wednesday it is focusing on remaining agile, even as the country's fundamentals remain sound amid the ongoing global ...

Posted on April 30, 2025

EU backs democratic oversight in Bangladesh’s financial governance

Ambassador to Bangladesh Michael Miller on Wednesday said they are working to ensure that the next Bangladesh Parliament will provide comprehensive democratic oversight and accountability in relation ...

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