Economy - Asian News from UK

IMF warns AI could widen divides

Kristalina Georgieva says artificial intelligence promises growth but risks deepening inequality without preparedness…reports Asian Lite News Artificial intelligence could become a powerful driver of economic productivity but also a major source of

October 19, 2025

-Top News·Economy·Technology

Africa Braces For Trade Shock

End of US-Africa trade pact threatens thousands of jobs and exports as tariffs loom African manufacturers and workers are bracing for a major economic shock as the United States prepares to end

October 19, 2025

-Top News·AFRICA NEWS·Economy

UAE strengthens ties with WEF

During discussions, Sheikha Latifa highlighted the UAE’s commitment to fostering international collaboration and building frameworks that support forward-looking solutions to global challenges….reports Asian Lite News H.H. Sheikha Latifa bint Mohammed bin Rashid

October 17, 2025

-Top News·Economy·UAE News

Al Olama champions clean energy drive in Cairo

Al Olama noted that the UAE has already made significant strides in renewable energy, with the country’s installed clean energy capacity surpassing 6.7 gigawatts….reports Asian Lite News Sharif Al Olama, Under-Secretary for

October 17, 2025

-Top News·Economy·UAE News

UK: Nod for clean energy to power 7.5 mn homes

Seventeenth major clean energy project since July 2024 approved, set to power hundreds of thousands of homes and support more than a thousand jobs as UK pushes toward energy independence…reports Asian Lite

October 17, 2025

-Top News·Economy·UK News

IMF hails India’s economic reforms

The IMF on Tuesday raised India’s growth projection to 6.6 per cent, an upward swing of 0.2 percentage points…reports Asian Lite News IMF Managing Director Kristalina Georgieva on Thursday praised India for

October 16, 2025

-Top News·Economy·India News

Pakistan Trapped in IMF Financing Loop: Report

The global agency also raised alarm over $11 billion discrepancy in Pakistan’s trade data across the past two fiscal years….reports Asian Lite News Pakistan’s reliance on International Monetary Fund (IMF) support underscores

October 11, 2025

-Top News·Asia News·Economy

From Price-Taker to Price-Maker: How can Africa Reassert its Economic Sovereignty?

Despite global transformation trends, Africa is often seen as stuck in the past, with fewer growth opportunities compared to Southeast Asia or the Gulf…writes Ishan Jasuja Partnerships are shifting, value chains reshuffling,

October 10, 2025

-Top News·AFRICA NEWS·Economy

World Bank Warns of Growing Poverty in Pakistan

Instead of concentrating on rural development to reduce poverty, the Pakistan government has been focused more on increasing defence expenditure….reports Asian Lite News The World Bank has voiced deep concern over Pakistan’s

October 8, 2025

-Top News·Asia News·Economy

RBI Policy Spurs Reform Momentum

The Reserve Bank of India’s latest monetary policy statement is being hailed as a landmark move that goes beyond conventional rate decisions to usher in broad market-oriented reforms. C.S. Setty, Chairman of

October 2, 2025

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