Economy - Asian News from UK

WEF chief lauds Modi’s leadership

Klaus Schwab, Founder and Executive Chairman, World Economic Forum, has said he met with the Indian ministerial delegation and many of its top business leaders. According to a statement from the forum,

January 21, 2023

-Top News·Economy·India News

UAE discusses economy, space, education at Davos

The UAE Delegation participated in the first day of the World Economic Forum held in Davos, Switzerland. The 2023 delegation included a number of officials and ministers of the Federal Government and

January 18, 2023

Arab News·Economy·UAE News

India’s growth trends remain resilient amid concerns

Amid the slowdown in growth globally, India’s macroeconomic fundamentals appear to be more stable thanks to the combined efforts of the Indian government and the Reserve Bank of India…writes Sanjeev Sharma With

January 13, 2023

Business·Economy·India News

Insurance scheme for unemployment starts on Jan 1

Anyone who loses their job as a result of termination of services (except for disciplinary reasons or resignation) is entitled to a maximum three-month cash compensation…reports Asian Lite News The Ministry of

December 29, 2022

Dubai·Economy

Free fall of rupee triggers financial emergency in Pakistan

“Since the end of August, the yields on some of the government’s international bonds have jumped by a third, while the currency is one of the worst performing in Asia, said PBF

December 6, 2022

-Top News·Asia News·Economy

‘Pakistan won’t plead to IMF’: Dar on delay in funds

Finance Minister Ishaq Dar stated that the delay was not because of discrepancies within Pakistan’s positioning and standing and went on to criticise IMF’s “abnormal behaviour”, stating that Pakistan will not plead

December 3, 2022

-Top News·Asia News·Economy

Smaller rate hikes likely in December: Fed chair

Fed officials have ramped up their rhetoric in recent weeks to disseminate the message that there’s much more work to do, and will forge ahead with rate increases…reports Asian Lite News Jerome

December 2, 2022

Economy·USA

‘Economy ceased to be priority area of Xi Jinping’

The complete focus during the 20th party congress was seen shifted to politics, hyper-nationalism and military expansion Chinese economy has ceased to become a priority area for Chinese President Xi Jinping’s administration

November 5, 2022

-Top News·China·Economy

Global economy on brink of recession, warns World Bank

The World Bank chief noted at the press conference that world population growth is estimated at 1.1 per cent per year….reports Asian Lite News The global economy is “dangerously close” to a

October 14, 2022

-Top News·Economy

Pound falls sharply after BoE gives bond-buying end date

Pensions industry leaders and one of the Bank’s former deputy governors had earlier called for an extension to mop up the ongoing bond market fallout triggered by Chancellor Kwasi Kwarteng’s ill-received mini-budget

October 12, 2022

-Top News·Economy·UK News

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