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Posted on March 29, 2024

Bad loans a big threat to financial sector

The higher amount of non-performing loans (NPLs) is a 'big threat' to the advancement of the country's financial sector, Bangladesh Bank (BB) said in a report yesterday.

Posted on March 29, 2024

India Shelter, DCX Systems among 5 stocks that saw brokerage initiations with up to 97% potential upside

India Shelter, with its small base, focus on self-employed individuals in TierII/III cities and rapid footprint expansion is well-placed for sustaining high growth of 33 per cent in affordable housing ...

Posted on March 29, 2024

China will further enhance capital account opening, FX official says

BOAO, China,March 29 (Reuters) - China will make it easier to move capital in and out of the country and promote financial market deregulation, a senior forex regulator said on Friday, as Beijing ...

Posted on March 29, 2024

AUSTAL VIETNAM AWARDED CONTRACT FOR 71 METRE RORO PASSENGER-CARGO VESSEL

Austal Limited (Austal) (ASX: ASB) is pleased to announce Austal Vietnam has been awarded a contract to design and ...

Posted on March 29, 2024

Philippines says it will not yield to submission in row with ‘patronising’ China

The Philippines is not seeking a fight or trouble in the South China Sea but will not be cowed into silence, submission, or subservience, its defence ministry said Friday, in its latest show of ...

Posted on March 29, 2024

Japan brought forward emergency yen meeting to maximise market impact – source

Japanese monetary authorities made a last-minute decision to bring forward to Wednesday an emergency meeting on the weak yen that was originally scheduled for Thursday, to maximise the impact of ...

Posted on March 29, 2024

Japan’s Scrapping of Utility Subsidies to Push Inflation Higher

Japan’s plan to phase out utility subsidies is likely to push inflation toward 3% over the summer, potentially complicating the Bank of Japan’s thinking on the path of interest rate hikes.

Posted on March 29, 2024

False posts claim ‘8 million Buddhists killed’ in Indonesia anti-communist purges

Posts repeatedly shared in Myanmar falsely claimed Muslims massacred "eight million Buddhists" in Indonesia in 1965, completely wiping out Buddhism in the archipelago. Multiple scholars told AFP the ...

Posted on March 29, 2024

Indonesia-made batteries can cut EV prices by 30 percent: Minister

Indonesia will be able to decrease the domestic prices of electric vehicles (EV) by up to 30 percent by taking the initiative to manufacture its own EV ...

Posted on March 29, 2024

India gangster-politician dies after cardiac arrest

Authorities say Ansari died of a cardiac arrest but the circumstances of his death are disputed by his family.

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