Euro tops $1.20: who wins, who loses?
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Global Economy
Gold's blistering rally continues past $5,200 as dollar plunges to 4-year low
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What we know about the EU-India trade deal
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Global Economy
Dollar struggles to recover from losses after Trump comments
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Global Economy
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28 January 2026, 00:00 AM
Global Economy
Gold climbs, silver jumps 8%
28 January 2026, 00:00 AM
Global Economy
US may announce cut in reciprocal tariffs on Bangladesh next week: Lutfey Siddiqi
27 January 2026, 19:37 PM
Business
Hybrid cars top choice for consumers in Europe in 2025: data
27 January 2026, 16:55 PM
Business
EU, India successfully conclude major trade deal
27 January 2026, 12:08 PM
Business
Venezuela forecasts $1.4 bn oil investments in 2026, up 55%: president
27 January 2026, 09:42 AM
Global Economy
India plans to extend fuel export curbs beyond March
India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month to ensure the availability of refined fuels for the domestic market, two government sources with direct knowledge of the matter said.
20 March 2023, 18:00 PM
Fed, other cenbanks to boost global dollar liquidity
The US Federal Reserve and other major central banks announced on Sunday a coordinated effort to improve banks’ access to liquidity, hoping to calm worries rattling the global banking sector.
20 March 2023, 18:00 PM
Rupee weakens
The Indian rupee declined on Monday as relief from the Credit Suisse rescue deal proved to be short-lived, with investors dumping risk assets on worries over a contagion in the global financial sector.
20 March 2023, 18:00 PM
Gold tops $2,000 on Credit Suisse buyout
Gold topped $2,000 per ounce for the first time in more than a year on Monday on haven demand as investors fretted over global bank fears despite the buyout of Credit Suisse.
20 March 2023, 18:00 PM
UBS swallows doomed Credit Suisse
UBS Group emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that makes the Swiss economy more dependent on a single lender.
20 March 2023, 18:00 PM
Afghan female entrepreneurs seek out foreign markets
Dozens of Afghan businesswomen took part in an exhibition in Dubai remotely this week to promote carpets, jewellery, dried fruit and other handmade goods as part of a push to access international markets after work options for women shrank in Afghanistan under the Taliban administration.
19 March 2023, 18:00 PM
Bank panic raises specter of 2008
The lightning speed at which the banking industry descended into turmoil has shaken global markets and governments, reviving eerie memories of the financial crisis. Like 2008, the effects may be long lasting.
19 March 2023, 18:00 PM
Iraq in final stages of talks on $27b TotalEnergies agreement
Talks between French oil major TotalEnergies and Iraq to resolve sticking points in a long-delayed $27 billion energy deal “have reached advanced stages”, Iraqi oil minister Hayan Abdel-Ghani said on Sunday.
19 March 2023, 18:00 PM
Ukraine Black Sea grain deal renewed
A deal allowing the safe Black Sea export of Ukrainian grain was renewed on Saturday for at least 60 days - half the intended period - after Russia warned any further extension beyond mid-May would depend on the removal of some Western sanctions.
19 March 2023, 18:00 PM
OECD raises global growth forecast
The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid restrictions but warned of vulnerabilities as seen in the US bank sector turmoil.
18 March 2023, 18:00 PM
ECB does not see repeat of 2008 crisis
ECB Governing Council member Pierre Wunsch does not expect a repeat of the 2008 financial crisis despite turbulence caused by the collapse of Silicon Valley Bank, arguing European banks were subject to tougher rules than regional US banks.
18 March 2023, 18:00 PM
Yellen says US banking system sound despite turmoil
The US banking system remains sound despite market anxiety over the recent collapse of Silicon Valley Bank (SVB) and Signature Bank, Treasury Secretary Janet Yellen told members of Congress on Thursday.
18 March 2023, 18:00 PM
Startups of India have deposits of $1b in SVB
Indian startups had deposits worth about $1 billion with embattled Silicon Valley Bank and the country’s deputy IT minister said he had suggested that local banks lend more to them going ahead.
18 March 2023, 18:00 PM
Silicon Valley Bank's parent company files for bankruptcy
SVB Financial Group said on Friday it filed for a court-supervised reorganisation under Chapter 11 bankruptcy protection to seek buyers for its assets, days after its former unit Silicon Valley Bank was taken over by US regulators
17 March 2023, 15:54 PM
Zara owner Inditex posts record profit
Zara owner Inditex, the world’s biggest fashion retailer, reported record profits for 2022 despite halting operations in Russia and soaring global inflation.
16 March 2023, 18:00 PM
Banks feel impact as Asian markets are hit by contagion fears
Asian markets slid Thursday, led again by banks, with contagion talk sweeping across trading floors owing to fears about European giant Credit Suisse.
16 March 2023, 18:00 PM
Guideline soon on collaborations of insurance, tech firms: IDRA
The government will soon formulate a guideline for “insurtech” so that fintech firms and insurers can jointly boost insurance penetration, said Mohammad Jainul Bari, chairman of the Insurance Development and Regulatory Authority (IDRA), yesterday.
16 March 2023, 18:00 PM
China to create powerful financial watchdog run by Communist Party
China will set up a financial watchdog run by the Communist Party, state media reported on Thursday, as part of a broad reorganisation of governing bodies set to give the ruling party direct control and supervision over financial affairs.
16 March 2023, 18:00 PM
China’s central bank warns against US, Western ‘suppression’
The People’s Bank of China said on Wednesday it will “appropriately” respond to U.S. and Western “containment and suppression”, in a rare warning by the central bank following calls by President Xi Jinping to safeguard national security.
15 March 2023, 18:00 PM
South Korea to build ‘world’s largest’ chip centre
South Korea said Wednesday it would build the world’s largest chip centre using $230 billion of private investment mostly from Samsung Electronics, as it seeks an edge in the global industry.
15 March 2023, 18:00 PM