Warsh ‘regime change’ faces steep hurdles at sprawling US central bank
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Global Economy
Trump says India will buy oil from Venezuela
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Global Economy
Bitcoin falls below $80,000, continuing decline
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Global Economy
Nvidia boss insists ‘huge’ investment in OpenAI on track
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Global Economy
Remittance inflow jumps 45% ahead of polls
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Ford held talks with China's Xiaomi over EV partnership, FT reports
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Trump says India will buy oil from Venezuela, not Iran
1 February 2026, 14:10 PM
Global Economy
Trump says he welcomes Chinese investment in Venezuelan oil
1 February 2026, 12:40 PM
Business
Trump says US will have 'very substantial' response if Canada enacts trade deal with China
1 February 2026, 09:09 AM
Business
Trump picks former Fed official as next central bank chief
1 February 2026, 00:41 AM
Global Economy
Cash-strapped Sri Lanka to sell golden visas
Cash-strapped Sri Lanka announced Tuesday it would sell long-term visas to attract desperately needed foreign currency after the island nation ran out of dollars to pay for food and fuel.
26 April 2022, 18:00 PM
World faces biggest energy shock since 1970s: WB
Energy prices have surged since the Russian invasion of Ukraine and, along with other commodities, are likely to remain at “historically high” levels through 2024, endangering economic growth, the World Bank warned Tuesday.
26 April 2022, 18:00 PM
Indonesia may widen palm export ban
Indonesia is prepared to widen its ban on exports of refined palm olein if it faces domestic shortages of derivatives used in the production of cooking oil, according to details presented at a meeting between government and industry officials.
26 April 2022, 18:00 PM
EU needs to recycle more to hit green energy goals: study
Europe must act fast to secure supplies of crucial metals required for a green energy transition and its best bet is to recycle, a report said Monday.
25 April 2022, 18:00 PM
Pakistan seeks hike in size of IMF programme
Pakistan has sought an increase in the size and duration of its $6 billion International Monetary Fund (IMF) programme, the country’s Finance Minister, Miftah Ismail, said on Monday.
25 April 2022, 18:00 PM
EU, India agree to broaden trade ties
The European Union (EU) and India agreed on Monday to set up a trade and technology council to step up cooperation, as the bloc’s chief held talks with officials in New Delhi who have seen a flurry of top visits since the start of the Ukraine war.
25 April 2022, 18:00 PM
Rouble firms past 74 vs dollar
The Russian rouble opened stronger on Monday, firming past 74 against the dollar, helped by tax payments that companies are due to make this week and as the market looked ahead to a central bank rate decision on Friday.
25 April 2022, 18:00 PM
Investors in the dark on China industrial transport amid data curbs
A wave of Covid-19 lockdowns in Shanghai presents the biggest test yet for investors, trading companies and logistics managers trying to follow China’s economy after the government restricted firms from releasing real-time data.
25 April 2022, 18:00 PM
Sri Lanka exchange halts after 13pc plunge
Crisis-hit Sri Lanka’s stock exchange halted again Monday after a nearly 13 per cent plunge, derailing the bourse’s tentative reopening after a two-week break aimed at forestalling a market collapse.
25 April 2022, 18:00 PM
Indonesia’s ban leaves global buyers with no plan B
Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia’s surprise palm oil export ban forced buyers to seek alternatives, already in short supply due to adverse weather and Russia’s invasion of Ukraine.
25 April 2022, 18:00 PM
New Pakistan govt willing to curb fuel subsidies
Pakistan’s new finance minister on Friday agreed with IMF recommendations to reduce fuel subsidies and end a business tax amnesty scheme, pledging to pursue structural reforms to boost a crisis-wracked economy.
24 April 2022, 18:00 PM
Shanghai’s economy slows amid Covid-19
The economy of Shanghai, China’s most populous city, slowed in the first quarter from the end of 2021, hurt by rare declines in industrial output and retail sales that were hammered by the country’s most serious Covid outbreak.
24 April 2022, 18:00 PM
G20 cannot function with Russia at the table
The Group of 20 major economies cannot effectively function as long as Russia remains a member, Canada’s finance minister said on Friday after a week of protests of Moscow’s war in Ukraine at the International Monetary Fund and World Bank meetings in Washington.
24 April 2022, 18:00 PM
Musk wealth pours in as fast as Twitter can use it
Elon Musk can’t spend it fast enough. The Tesla chief executive has lined up a $46.5 billion financing package to buy Twitter, if he decides to give it a go.
24 April 2022, 18:00 PM
Ferrari to recall more than 2,000 cars in China
Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China’s market regulator said in a statement on Friday.
24 April 2022, 18:00 PM
Japan agrees $21b extra budget
Japan’s ruling coalition on Thursday agreed a supplementary budget to support lower-income households and small firms, signalling more spending for the heavily indebted nation as it battles inflationary pressures for the first time in decades.
24 April 2022, 18:00 PM
Strong likelihood of ECB rate hike
If the wave of inflation gripping the eurozone doesn’t abate, ECB chief Christine Lagarde said on Friday she sees “a strong likelihood” that the bank will hike rates before 2022 ends.
24 April 2022, 18:00 PM
Egypt gig economy workers face rough ride
Young men on bikes and scooters zip through Cairo, Egypt’s sprawling megalopolis, dodging cars to deliver more than a million orders each day, with little physical or legal protection.
24 April 2022, 18:00 PM
Global stocks slide on jitters over higher interest rates
Global stock markets dropped sharply Friday as the latest hawkish commentary from the Federal Reserve sent investors fleeing equities on worries over higher interest rates.
24 April 2022, 18:00 PM
S&P upgrades Greece debt rating
S&P Global Ratings on Friday upgraded Greece’s debt rating to BB+, citing its improving economy even as the country deals with the shocks from the war in Ukraine.
24 April 2022, 18:00 PM