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383 stories matching “AN” · Clear
Japan's Nikkei plunges as tech stocks hammered by AI, rate hike worries
TOKYO: Japan’s Nikkei share average tumbled nearly 5% on Thursday, with tech stocks hit hard by media reports about distressed debt at US cloud-computing provider CoreWeave, while hot US inflation…
Business RecorderIMF vows continued support for Sri Lanka
Sri Lanka’s macroeconomic situation is “much improved,” with its fiscal performance very strong and debt restructuring largely complete, Jain-Chandra said in a press conference during the IMF…
Business RecorderChina's yuan gains as Fed rate caution knocks dollar from 18-month high
SHANGHAI: China’s yuan inched higher against the dollar on Thursday after the US currency slipped from an 18-month peak as Federal Reserve officials cautioned about chances for a hike in interest…
Business Recorder
World Bank Worried About Pakistan
The World Bank has rated Pakistan’s tax reform program as moderately satisfactory but flagged substantial risks to its implementation, including
ProPakistaniItaly to raise 0.44% of GDP from financial sector through 2029 to fund budget
ROME: Italy plans to raise 0.44% of gross domestic product from the financial sector to help fund its budget over the 2027-2029 period, a government document showed on Thursday.
Business RecorderMalaysian palm oil falls on weaker rival oils, export data eyed
JAKARTA: Malaysian palm oil futures eased on Thursday, snapping a three-session rally as weaker rival vegetable oils on the Dalian and Chicago markets weighed on prices, while traders awaited export…
Business RecorderAurangzeb meets IMF chief, briefs investors on Pakistan’s economy
Finance Minister Muhammad Aurangzeb met International Monetary Fund (IMF) Managing Director Kristalina Georgieva and briefed international investors on Pakistan’s economic stabilisation, fiscal…
Business RecorderIndian rupee to rise after US yields reverse inflation-led spike, Fed hike bets remain low
MUMBAI: The Indian rupee is likely to rise at the open on Thursday , boosted by the pullback in US Treasury yields after an initial rise on sticky inflation data, with traders still pricing in…
Business RecorderIndian shares set to open lower as hot US inflation raises rate worries
Indian shares are set to open lower on Thursday , tracking Asian peers as a quicker-than-expected increase in US consumer price inflation raised expectations of another rate hike by the Federal…
Business RecorderIMF warns of slowing Asian growth, spillover from rising yields
BANGKOK: The International Monetary Fund on Thursday projected Asia’s economic growth would moderate next year and warned of heightening risks from the Iran war-induced energy shock, a potential…
Business Recorder
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