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    Asian News from UK
     
    Leading Newspaper for Politics, Business & Economy
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    Economy

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

    May 20, 2021May 21, 2021 0 Shares
    Beijing has spent decades bailing out Chinese companies that got in over their heads, Huarong is now testing the limits of that resolve, reports Asian Lite News Once a sprawling...

    2nd Covid wave derails economic rebound’

    May 11, 2021May 11, 2021 0 Shares
    It said that base GDP growth forecast for fiscal 2022 at 11 per cent, with risk firmly tilted downwards….Reports Asian Lite News The second wave of novel coronavirus threatens the...

    Pak trade deficit widens to $23.8 billion

    May 7, 2021May 7, 2021 0 Shares
    The trade gap has been widening since December 2020…reports Asian Lite News Pakistan’s trade deficit widened to USD 23.8 billion, exceeding the annual target by USD 4.1 billion in 10...

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

    May 5, 2021May 5, 2021 0 Shares
    Pakistan has promised the IMF to increase taxes by 1.272 trillion PKR and raise electricity tariff by almost 5 PKR per unit…reports Asian Lite News Pakistan’s Finance Minister Shaukat Tarin...

    Banks in TN to open only till 2 p.m

    April 26, 2021April 26, 2021 0 Shares
    The timing will be reviewed after April 30, based on the Covid-19 situation in the state….reports Asian Lite News With sudden surge in Covid-19 cases in Tamil Nadu and to...

    Has FATF failed in its duty to blacklist Pakistan?

    by Newsdesk-Top NewsEconomyPakistanOctober 24, 2021October 24, 2021

    FATF too expressed concern about the current evolving money laundering and terrorist financing risk environment in Afghanistan…reports Mrityunjoy Kumar Jha Once again, the Financial Action Task Force (FATF) has failed…

    India puts a roof on housing prices amid global rise

    by Newsdesk-Top NewsEconomyIndia NewsOctober 20, 2021October 20, 2021

    The surge in house prices has also had an impact on headline inflation in some countries and could contribute to more persistent inflationary pressures….reports Nikhila Natarajan While most economic indicators…

    China’s economic growth losing steam

    by Newsdesk-Top NewsChinaEconomyOctober 18, 2021October 18, 2021

    The urban unemployment rate in September was 4.9 per cent. However, that for those aged 16 to 24 remained far higher, at 14.6 per cent….reports Asian Lite News China’s third-quarter…

    Power cuts hamper China’s economic growth

    by Newsdesk-Top NewsChinaEconomyOctober 17, 2021October 17, 2021

    Now global investment banks have also cut their forecasts for China’s economic growth. They estimated the economy to contract from 8.2 per cent to 7.8 per cent….reports Asian Lite News…

    ‘India To Be $4Tn Economy By FY25, Not $5 Tn’

    by Newsdesk-Top NewsEconomyIndia NewsOctober 16, 2021October 16, 2021

    In 2019, India ‘s Prime Minister Narendra Modi had set a $5 trillion target, reports Asian Lite News India is unlikely to become a $5 trillion economy by 2024-25, but…

    Dubai launches Circular Economy Committee to boost growth

    by Newsdesk-Top NewsDubaiEconomyOctober 16, 2021October 16, 2021

    The Dubai Supreme Council of Energy has launched the Circular Economy Committee to bring public and private entities together to support the circular economy. The Committee will develop actionable initiatives…

    Pakistan stocks end in red amid controversy on ISI

    by Newsdesk-Top NewsEconomyPakistanOctober 14, 2021October 14, 2021

    The benchmark KSE-100 index shed 661.3 points, or 1.51 per cent, to close at 43,221.78 points….reports Asian Lite News Shares at the Pakistan Stock Exchange ended the day in the…

    ‘Pak economy facing impact of two Afghan wars’

    by Newsdesk-Top NewsEconomyPakistanOctober 12, 2021October 12, 2021

    Tarin made these remarks while speaking at the annual dinner of Punjab University Institute of Business Administration’s alumni association on Saturday…reports Asian Lite News Pakistan’s participation in the two Afghan…

    Seductive crypto ads leave Indian investors in dilemma

    by Newsdesk-Top NewsEconomyIndia NewsOctober 10, 2021October 10, 2021

    India has seen a spurt in the popularity of crypto exchanges and platforms in recent months like CoinSwitch Kuber (CSK), WazirX, CoinDCX, ZebPay, Unocoin and BuyUcoin etc…reports Nishant Arora  “Kya…

    India’s economy to grow by 8.3%, making it 2nd fastest growing economy

    by Newsdesk-Top NewsEconomyIndia NewsOctober 8, 2021October 8, 2021

    China’s growth rate is projected to come down to 5.4 per cent next year and 5.3 per cent in 2023. Last year, it grew by 2.3 per cent…reports Arul Louis…

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