Economy

Beijing pushing Chinese billionaires to become more generous

by Newsdesk-Top News China EconomyJuly 19, 2021July 19, 2021

More encouragement for China’s entrepreneurs to loosen their purse strings and give back to society was laid out in the government’s latest five-year plan approved in March….reports Asian Lite News…

US budget deficit soars to $2.24 trn in first 9 months of 2021

by Newsdesk-Top News Economy USAJuly 14, 2021July 14, 2021

The White House has unveiled a 6-trillion-dollar budget proposal for fiscal year 2022, drawing backlash from Republican lawmakers and budget watchers, reports Asian Lite News The US budget deficit soared…

CBUAE unveils strategic objectives for 2023-2026

by Newsdesk-Top News Economy UAE NewsJuly 12, 2021July 12, 2021

In an announcement today, CBUAE said that its strategy includes 7 objectives including the issuance of a digital currency…reports Asian Lite News The Central Bank of the United Arab Emirates…

G20 FMs approve global tax reform

by Newsdesk-Top News Economy World NewsJuly 12, 2021July 12, 2021

The plan will have to be definitely approved by G20 heads of state and government gathering in Rome in October for the annual major summit…reports Asian Lite News. The G20…

LG teams up with Apple

by NewsdeskBusiness EconomyJuly 7, 2021July 7, 2021

LG recently held a special promotion for iPhones, iPads and other Apple products on Lifecare, its online shopping mall for group employees, according to the sources….reports Asian Lite News LG…

No respite for fuel consumers in India

by NewsdeskBusiness Economy India NewsJuly 7, 2021July 7, 2021

This prevented a deal that would have helped to soften crude prices a bit next month on the back of increased oil production of 2 million barrels a day….reports Asian…

Post-Covid Challenges of Global Aviation

by Newsdesk-Top News Business EconomyJuly 7, 2021July 7, 2021

In Asia Pacific, airlines have fared the worst in the world according to latest International Air Transport Association (IATA) data released in June. The region experienced the steepest traffic decline…

America coming back together, says Biden

by Newsdesk-Top News Economy USAJuly 5, 2021July 5, 2021

He further called on Americans to vaccinate in large numbers and said it is “the most patriotic thing” one can do for their nation….reports Asian Lite News President Joe Biden…

Beijing not happy with millennials ‘lying flat’

by Newsdesk-Top News China EconomyJuly 5, 2021July 5, 2021

A generation ago, the route to success in China was to work hard, get married and have children….reports Asian Lite News Young people in China have set off a nascent…

US, India discuss shared interest in robust global minimum tax

by Newsdesk-Top News Economy USAJuly 1, 2021July 1, 2021

Earlier this month, at the 47th G-7 Summit held in Cornwall, UK, member nations had agreed to back a new global minimum tax rate of at least 15% that companies…

China’s biggest ‘bad bank’ lands in huge debt

2nd Covid wave derails economic rebound’

Pak trade deficit widens to $23.8 billion

‘IMF’s tariff hike demand could worsen Pak inflation’

Banks in TN to open only till 2 p.m