Economy - Asian News from UK

China Probes Major Shadow Bank Zhongzhi For Crimes

Zhongzhi Enterprise Group (ZEG) has an asset management arm that at its peak reportedly handled more than a trillion yuan ($139 billion)…reports Asian Lite News Chinese officials have launched an investigation into

November 28, 2023

-Top News·China·Economy

Pak’s Wallet Shrinks, Narco-Terror Role Grows

Despite grappling with an economic crisis and heavily relying on foreign loans, Pakistan skillfully assembles resources to fund terrorist organizations…writes S.P.S. Pannu While India has stepped up its vigil and there has

November 27, 2023

-Top News·Asia News·Economy

Cryptocurrency Firms Linked to Justin Sun Hit by $115 Million Hack

Kerala Blasters’ strong backing in Kochi was evident when Drinčić scored from Adrian Luna’s assist just before halftime….reports Asian Lite News Two cryptocurrency firms associated with high-profile digital entrepreneur Justin Sun were

November 26, 2023

Business·Economy·Tech LITE

RBI’s Consumer Credit Norms to Strengthen Financial Stability

Fitch Ratings views these changes as a credit-positive effort by regulatory authorities to control emergent risks in consumer credit. In a proactive move aimed at mitigating potential systemic risks associated with the

November 25, 2023

Business·Economy·India News

World Bank: UAE’s Non-Oil Economy to Grow 4.5%

The World Bank anticipated increase in the UAE’s current account balance to 12.4% in 2023 and 11.8% in 2024….reports Asian Lite News The World Bank has projected a 3.4% growth in the

November 23, 2023

-Top News·Economy·UAE News

Hunt hints at inheritance tax cut

The chancellor had been expected to hold off from cutting taxes until next year as he and Rishi Sunak continue to focus on reducing inflation..reports Asian Lite News Jeremy Hunt is considering

November 20, 2023

-Top News·Economy·UK News

India Aims for $7 Trillion Economy by 2030

The culture of entrepreneurship and innovation is one ‘pandemic’ that India would like to experience continuously. It must spread,” said Nageswaran….reports Asian Lite News Startup Mission (KSUM) on the third and final

November 19, 2023

Economy·India News

APEC Leaders Adopt Golden Gate Declaration

In the document, the leaders have reaffirmed their determination to deliver a free, open, fair, non-discriminatory, transparent, inclusive, and predictable trade and investment environment. The 30th Asia-Pacific Economic Cooperation (APEC) Economic Leaders’

November 18, 2023

-Top News·Asia News·Economy

Biden Signs Stopgap Spending Bill to Avert Shutdown

The two-step plan, a victory for House Speaker Mike Johnson, received bipartisan support in both chambers. It establishes new shutdown deadlines in January and February. US President Joe Biden signed the stopgap

November 17, 2023

-Top News·Economy·USA

A Nation on the Brink: Pakistan’s Economic Woes

Pakistan’s $350 billion economy teeters on collapse, burdening urban low-income residents. Escalating inflation, driven by soaring energy costs, prompts migration to rural areas or Europe, with Pakistan ranking third among irregular migrants

November 17, 2023

-Top News·Asia News·Economy

Economy - Page 107