The IMF staff team had very productive discussions with the Sri Lankan authorities on economic performance and policies underpinning the Fourth Review under the IMF Extended Fund Facility (EFF) ...
‘You don’t do this to a friend’: Singapore PM on Trump’s 10% tariffs
Lawrence Wong expressed that Washington’s new tariffs are not a reform of the global trade order but rather a rejection of the very system that the US once championed.
UAE participates in annual joint meetings of Arab financial institutions
The UAE, represented by the Central Bankand the Ministry of Finance, participated in the Joint Annual Meetings of Arab Financial Institutions, held on 9th April in Kuwait.The meetings discussed the ...
Sri Lanka stocks surge at open after Trump tariff pause
Sri Lanka stocks opened up on Thursday after US President Donald Trump announced a 90-day pause on enforcing increased tariffs on exports.
Tesla launches in Saudi Arabia with its first showroom and service center in Riyadh
Tesla officially launched in Saudi Arabia on Thursday, marking a new chapter in the company’s global expansion after Elon Musk ’s troubled relationship with the kingdom — but the Middle East country’s ...
Sri Lanka fashion sector praises government response to US tariffs
Sri Lanka's apex body for the apparel industry, supports the prompt actions being taken by its government to respond to the US' 44% tariffs.
Thailand Vows Crackdown on False Claims of Origin in US Exports
Thailand will step up a crackdown on the practice of foreign companies circumventing high US tariffs by claiming false certificates of origin as it prepares for negotiations with the Trump ...
Iran is giving talks with US a “genuine chance”, foreign ministry spokesperson says
Iran is giving talks with its arch foe the United States "a genuine chance", the Iranian foreign ministry's spokesperson posted on X on Friday.
Philippines Says to Keep US Treasury Holdings Despite Turmoil
The Philippines won’t cut its holdings of US Treasuries despite turmoil in global financial markets triggered by President Donald Trump’s changing tariff actions.
Japan to be proactive in communicating with US on forex, its finance minister says
Japan will proactively communicate with the United States on foreign exchange based on agreement that excessive currency volatility is negative for the economy, Finance Minister Katsunobu Kato said on ...