The U.S. Commerce Chamber announced the creation of the U.S. – Kazakh Business Council to expand bilateral trade and economic cooperation, reported the commerce’s press service. The new council, which ... ( read original story ...)
Sri Lankan, Indian ships, aircraft try to douse tanker fire
Ships, boats and aircraft from Sri Lanka and India have escalated efforts to douse a fire raging on an oil tanker off eastern Sri Lanka as authorities confirmed one crew member died in a boiler explos ... ( read original story ...)
China’s yuan could become the world’s third largest reserve currency in 10 years, Morgan Stanley predicts
Morgan Stanley analysts predict the Chinese yuan will account for between 5% to 10% of global foreign exchange reserve assets by 2030, putting the currency into third place. ( read original story ...)
India-Nepal Economic Ties are Strong and Faring Well, says Policy-makers in PHDCCI India-Nepal Centre Webinar
New Delhi: With Covid-19 outbreak and prolonging lockdown, the lives and livelihoods have been adversely impacted in unprecedented manner. As the crisis has global nature, India and Nepal are ... ( read original story ...)
China may dump U.S. Treasuries as Sino-U.S. tensions flare – Global Times
China may gradually cut its holdings of U.S. Treasury bonds and notes, in light of rising tensions between Beijing and Washington, state-backed newspaper Global Times cited experts as saying. With ... ( read original story ...)
Brazil, South Korea: Two Tales Of Climbing An Income Ladder
The “middle income trap” may well characterize the experience of Brazil and most of Latin America since the 1980s. ( read original story ...)
Facebook must walk the talk on Myanmar
The social media giant should disclose any information it has relating to crimes against the Rohingya in Myanmar. ( read original story ...)
Activists launch mirror site to bypass Myanmar censorship
Activists censored by Myanmar’s telecommunications ministry have launched a new website to circumvent the ban. ( read original story ...)
Turkey is losing all its gains in the Middle East, and Greece is benefiting
After years of rapprochement with its neighbours in the Middle East, Turkey appears to be losing its reputation that it has previously gained due to Turkey’s ... ( read original story ...)
Vietnam’s production decreases in August
The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell to 45.7 in August from 47.6 in July as the effects of COVID-19 led to a deterioration of business conditions in the country’s ... ( read original story ...)