South Asia
Supporters clash with cops at PTI rally as leaders demand Imran’s release
PTI leaders rallied on the outskirts of Islamabad on Sunday, demanding the “immediate release” of their founder, Imran Khan, while criticising the government for marginalising the party as police fired tear gas to disperse the crowd.
China’s underwhelming data dampens hope of economic recovery
Chinese industrial production growth slowed in July while unemployment rose, official data showed Thursday, highlighting an uneven recovery in the world’s second-largest economy despite recent government measures to try to stimulate expansion.
Japan’s economy rebounds in Q2
Japan’s economy has rebounded, government data showed Thursday, in welcome news for its next prime minister following Fumio Kishida’s decision to quit.
Marico’s profit jumps 30% in April-June quarter
Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.
IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy
The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping through the Red Sea pose threats to the global economy.
World's No.2 sugar producer India may need imports in 2025
India is set to ban exports in the crop year that started in October and may even be forced to import in the following year as farmers turn to other crops
Poor governance hampers economic growth
The socioeconomic development of India, Pakistan and Bangladesh is being hampered by the prevalence of poor governance and institutional weakness in the three South Asian nations, according to analysts.
China’s deflation pressures ease, more steps expected to spur demand
China’s consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease amid signs of stabilisation in the economy.
Progress eyed through the programme of carbon trading
With the help of its carbon trading program, China has made notable progress in accelerating the low-carbon transition of the nation’s businesses, said Chinese authorities.
Former Taliban sniper becomes mayor of Afghan town
Strolling through the town of Maymana, the new mayor appears to inspire goodwill from war-weary constituents in the Afghan provincial capital.
Prices of power-assisted bikes on rise in Japan
Prices are on the rise for power-assisted bicycles, which are becoming fixtures as a means of transportation in everyday life.
China factory activity growth slows
Growth in China’s factory activity slowed in January as a resurgence of Covid-19 cases and tough lockdowns hit production and demand, but the slight expansion offered some signs of resilience as the world’s second-largest economy enters a likely bumpy new year.
Singapore tightens monetary policy on inflation risks
Singapore’s central bank tightened its monetary policy settings on Tuesday in its first out-of-cycle move in seven years, as global supply constraints and brisk economic demand elevate inflation pressures across the region.
Dollar price may cross 200 Pakistani rupees
The dollar price may cross Rs200 with the sudden imposition of a withholding tax on exchange companies, which are getting notices to the tune of hundreds of millions of rupees from the Federal Board of Revenue (FBR).
Asian-owned shipbuilders in Germany file for bankruptcy
Asian tourism and casinos giant Genting’s shipbuilding subsidiaries in Germany filed for bankruptcy Monday, which one union leader described as a “dark day” for the country’s dockyards.
China’s aviation sector aims for profitability
China’s aviation sector will aim to turn losses into profits this year with an expected recovery to 85 per cent of its pre-Covid volume of domestic passenger trips, the aviation regulator said on Monday.
Baby lost in Afghanistan airport chaos found, returned to family
An infant boy handed in desperation to a soldier across an airport wall in the chaos of the American evacuation of Afghanistan has been found and was reunited with his relatives in Kabul on Saturday.
China to order reviews for firms seeking overseas listings
China said on Tuesday it will put in force new rules to increase its oversight of plans by Chinese platform firms to list on overseas stock markets in the latest move to tighten its grip on its sprawling technology sector.