The Chinese currency's cheaper funding costs and growing offshore liquidity, coupled with a new facility, are boosting its appeal The use of the yuan in trade finance is gaining momentum as companies ...
EU pledges 45 mn euro to support Laos’ development
Dr Phet Phomphiphak (centre) and Ambassador Mark Gallagher (fifth from left) pose for a photo with their delegations during a meeting in Vientiane on January 31.
Inflation targeting: CB should now drive vehicle by looking through front windscreen and not at rear view mirror
Inflation target agreed with Government The Central Bank should conduct inflation targeting not in isolation but with the approval of the Government. Accordingly, a monetary policy framework agreement ...
There should be no let up in reform momentum
While subsidy rationalisation for fuel is expected to be rolled out by mid-year, the price reforms need to be implemented in a gradual, programmed fashion to alleviate the financial pains of those who ...
Japan concerned over impact of US tariffs on Canada, Mexico, China
Japanese Finance Minister Katsunobu Kato on Sunday expressed serious concern over the potential impact of U.S. tariffs on China, Cana ...
Iraqi Kurdistan oil exports’ suspension costs Iraq $14 billion
Abdul-Ghani told the Iraqi News Agency (INA) that Iraqi Kurdistan will supply at least 250,000 to 300,000 barrels of oil per day to be exported through the State Organization for Marketing of Oil ...
Made sure we’re ready for ‘Make in India, for the world’: FM Sitharaman
"The Prime Minister decided that we need to recognise the taxpayers and their contribution, and if there's a way in which we can reward them, we should. Yes, it will lead to consumption" ...
Japanese Finance Minster: Tokyo Will Review Crypto Tax System ‘by June’
The Japanese Finance Minster Katsunobu Kato has promised Tokyo will review much-maligned crypto tax laws by the end of June this year.
China has a ‘trick up its sleeve’ to fight Trump’s tariff as Beijing keeps response muted for now, former IMF adviser says
Unlike Canada and Mexico, China hasn't yet announced retaliatory tariffs after Trump unveiled his long-awaited levies on Saturday. Beijing may not have to go that route as it has a "trick up its ...
China has a ‘trick up its sleeve’ to fight Trump’s tariff as Beijing keeps response muted for now, former IMF adviser says
Unlike Canada and Mexico, China hasn't yet announced retaliatory tariffs after Trump unveiled his long-awaited levies on Saturday. Beijing may not have to go that route as it has a "trick up its ...