KARACHI () – Pakistan’s economy grew by 0.92% in the first quarter of the fiscal year 2024-25, despite a contraction in the industrial sector, according to data approved by the National Accounts Commi...
By Nell Mackenzie and Wayne Cole LONDON/SYDNEY () -World shares drifted lower on Monday as elevated government bond yields prompted investors to pull out of equities at the end of a year that has been...
By Sruthi Shankar () -European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the end of a year that has been positive for some regional ...
MANILA () – Philippine President Ferdinand Marcos Jr. signed the 2025 budget into law on Monday, saying a planned 10% increase in government spending to a record 6.33 trillion pesos ($109.2 billion) w...
ISTANBUL () – Turkey’s tax hikes for fuel and tobacco next year will be set in a way that will not endanger the country’s 2025 inflation plans, Treasury and Finance Minister Mehmet Simsek said. Turkis...
SINGAPORE () -The Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S. yields as thin year-end liquidity kept most currencies in tight ranges. The yen was c...
BEIJING () – China’s factory activity likely expanded for a third straight month in December, offering a glimmer of optimism to officials trying to steady the world’s No. 2 economy as they brace for f...
By Wayne Cole SYDNEY () -Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich Wall Street equity valuations while underpinning the U.S. dollar near multi-month...
WASHINGTON () -U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy and President Joe Biden will “go down as one of the dumbest ...
By Wayne Cole SYDNEY () – Asian shares edged lower on Monday as high Treasury yields challenged lofty Wall Street equity valuations while underpinning the U.S. dollar near multi-month peaks. Volumes w...
SINGAPORE () – The Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S. yields as thin year-end liquidity kept most currencies in tight ranges. The yen was ...
By Laurie Chen BEIJING () – A record 3.4 million young Chinese flocked to the civil service exam this year, lured by the prospect of lifetime job security and perks including subsidised housing as an ...
