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Posted on October 23, 2024

Little efforts to reclaim grabbed forest land in Bangladesh

A vast area of forestland remained grabbed by different quarters for decades but the authorities took no effective measures to reclaim the land even after the change in ... ( read original story ...)

Posted on October 23, 2024

The Quarter-Trillion Dollar Rush to Get Money Out of China

Chinese residents, worried about growth, have been illicitly moving billions of dollars out of the country, using everything from crypto to fine art.

Posted on October 23, 2024

China pins stimulus on money merry-go-round

China’s economy has long been supported by a great wall of debt, much of it hidden off local governments' balance sheets. To reboot economic growth, Beijing plans to swap these borrowings into bonds ...

Posted on October 23, 2024

Why Xi Jinping changed his mind on China’s fiscal stimulus

After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?

Posted on October 23, 2024

Hong Kong bourse’s profit beats estimates on China stimulus, rate cuts

Hong Kong's bourse operator reported a 7% rise in third-quarter profit on Wednesday, ahead of forecasts, as China's stimulus package and interest rate cuts by global central banks fuelled trading and ...

Posted on October 23, 2024

China and the Vatican agree to extend an agreement on appointing bishops

China and the Vatican have agreed to extend a provisional agreement on the appointment of Catholic bishops in China for four more years.

Posted on October 23, 2024

Germany bets on India to reduce reliance on China

Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany's reliance on Beijing even if India does not turn ...

Posted on October 23, 2024

China and India Bury the Hatchet… For Now

An agreement to disengage along the contested Himalayan border is a positive move, though there’s still deep distrust on both sides.

Posted on October 23, 2024

Hidden financial strain of sister concerns

The financial sector in Bangladesh is grappling with a significant issue stemming from the unchecked proliferation of “sister concerns” within large local business groups.

Posted on October 23, 2024

Bangladesh announces policy rate rise to combat inflation

Bangladesh’s central bank said on Tuesday it would raise its key interest rate by half a percentage point, its fourth hike this year as it battles stubbornly high inflation.

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