Economy - Asian News from UK

US Fed Mulls Holding Interest Rates

The US Treasury has issued a lot of government debt in recent months, and with expensive wars in Ukraine and the Middle East looming, more are expected. …reports T.N Ashok The US

October 22, 2023

-Top News·Economy·USA

‘Inflation Remains a Concern, Policy Tightening Continues’

Since March last year, the central bank has rapidly raised interest rates from near zero to a range of 5.25-5.5 per cent, in an effort to fight the worst inflation in four

October 20, 2023

-Top News·Economy·USA

Wickremesinghe Seeks Debt Relief to Help Green Transition

Sri Lanka’s total external debt exceeds USD 50 billion, with a significant portion, roughly ten per cent, owed to China….reports Asian Lite News Debt relief for low income countries should be a

October 19, 2023

-Top News·Asia News·Economy

UK inflation holds steady for September

For August, the U.K. consumer price index surprised with a dip to 6.7%, below expectations, which sparked the Bank of England to end a run of 14 straight interest rate hikes….reports Asian

October 18, 2023

-Top News·Economy·UK News

‘Pak National Budget Struggles with Burden of New Recruits’

The study revealed that the net present value of a Grade-1 employee hired in July 2023 would amount to Pakistani rupee (PKR) 8, 17, 27 million….reports Asian Lite News A recent study

October 18, 2023

-Top News·Asia News·Economy

1.4 B Customers Flock To Flipkart’s Festive Sales

There was a 60 per cent increase observed in Flipkart Plus memberships, compared to last year….reports Asian Lite News E-commerce major Flipkart on Sunday said it’s 10th edition of ‘The Big Billion

October 17, 2023

Business·Economy·India News

Global Spotlight on Kerala’s Vizhinjam Port

Located close to the key shipping routes which include those running through the Suez Canal and Malacca Strait, the port is expected to draw some of the world’s biggest vessels…writes Mahua Venkatesh

October 16, 2023

Economy·India News·Kerala

Pakistan Aims To Tap Gulf

Addressing the audience as the chief guest, Faisal Niaz Tirmzi, UAE’s Ambassador to Pakistan, highlighted that the UAE, the world’s second-largest host country, is now witnessing a growing influx of Pakistani professionals

October 16, 2023

Arab News·Asia News·Economy

Major US pharmacy chain Rite Aid files for bankruptcy

The bankruptcy filing in New Jersey and noncompliance with listing standards would not affect the company’s business operations or its U.S…reports Asian Lite News Major U.S. pharmacy chain Rite Aid said Sunday

October 16, 2023

-Top News·Economy·USA

Tata Motors to Divest 9% Tata Technologies Stake

According to Tata Motors the transaction to be completed by October 27 or such other date as may be mutually extended by the parties….reports Asian Lite News Automobile major Tata Motors Ltd

October 16, 2023

Business·Economy

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