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Spiraling electricity bills overtake rent costs for some people in Pakistan

The South Asian nation - where nearly half the population survives on less than $4 a day - has seen electricity prices surge 155 per cent since 2021

Spiraling electricity bills overtake rent costs for some people in Pakistan
Updated On : 13 Aug 2024 | 7:23 AM IST

US beefs up naval, air forces in West Asia ahead of Gaza truce talks

Secretary of Defense Lloyd Austin ordered the USS Abraham Lincoln carrier group, equipped with F-35C fighters, to speed up its arrival in the region

US beefs up naval, air forces in West Asia ahead of Gaza truce talks
Updated On : 12 Aug 2024 | 11:20 PM IST

Foreign investors pulled record amount of money from China last qtr: Report

Should the decline continue for the rest of the year, it would be the first annual net outflow since at least 1990, when comparable data begins

Foreign investors pulled record amount of money from China last qtr: Report
Updated On : 12 Aug 2024 | 7:55 PM IST

Hindenburg steps up for Adani round two, this time with attack on Sebi

Hindenburg's original report, in which it had accused the centi-billionaire of pulling largest con, caused Adani Group's market capitalisation to crater by $150 bn

Hindenburg steps up for Adani round two, this time with attack on Sebi
Updated On : 12 Aug 2024 | 11:46 AM IST

Wise Payments eyes more of India's $32 billion in overseas remittances

Major lenders like ICICI Bank Ltd. and State Bank of India have dominated the outbound remittance market in India

Wise Payments eyes more of India's $32 billion in overseas remittances
Updated On : 12 Aug 2024 | 9:46 AM IST

India poised to narrow gap with China in emerging-market stock anchor

A higher weighting for India will position it to become the new anchor for emerging market equities

India poised to narrow gap with China in emerging-market stock anchor
Updated On : 12 Aug 2024 | 9:35 AM IST

Israel bolsters infrastructure defense amid Iranian attack risks

Israeli authorities are planning for the worst, such as stockpiling alternative fuels for power plants

Israel bolsters infrastructure defense amid Iranian attack risks
Updated On : 11 Aug 2024 | 10:53 PM IST

Olympic gold medals are worth more than ever after cost of metals surged

Even after adjusting for inflation, the value of medals is still the highest ever, with Olympians benefiting from both the sharp rally in bullion prices and increasingly hefty medals

Olympic gold medals are worth more than ever after cost of metals surged
Updated On : 11 Aug 2024 | 10:39 PM IST

US elections: Won't interfere with Fed in rebuke to Trump, says Harris

The Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes, said Kamala Harris

US elections: Won't interfere with Fed in rebuke to Trump, says Harris
Updated On : 11 Aug 2024 | 10:09 PM IST

Amid Bangladesh protests, here's a look at key people who will shape future

The inauguration of the temporary govt on Thursday brought to an end a four-day power vacuum after former Prime Minister Sheikh Hasina fled to India following street protests that left hundreds dead

Amid Bangladesh protests, here's a look at key people who will shape future
Updated On : 11 Aug 2024 | 10:13 AM IST

Susan Wojcicki, internet pioneer at Google, Youtube passes away at 56

She announced plans in February 2023 to leave YouTube to focus on her family, health and personal projects

Susan Wojcicki, internet pioneer at Google, Youtube passes away at 56
Updated On : 10 Aug 2024 | 1:30 PM IST

Bangladesh's central bank Governor Abdur Talukder resigns amid protests

Talukder stepped down Friday and cited personal reasons for this departure

Bangladesh's central bank Governor Abdur Talukder resigns amid protests
Updated On : 10 Aug 2024 | 1:03 PM IST

TikTok shows less 'anti-China' content than other rival networks: Study

TikTok has faced intense scrutiny from US concerned about the Chinese government's influence

TikTok shows less 'anti-China' content than other rival networks: Study
Updated On : 10 Aug 2024 | 7:53 AM IST

Kirin-backed Indian brewer B9 Beverages seeks more clout with new factory

B9 Beverages Ltd is building a new brewing facility in the north Indian state of Uttar Pradesh, which, once completed, will become India's biggest beer factory

Kirin-backed Indian brewer B9 Beverages seeks more clout with new factory
Updated On : 10 Aug 2024 | 7:43 AM IST

Welcome to the 'yes, but' cycle of rate cuts

The global economy is on the cusp of a sustained easing, though not necessarily a dramatic sequence of rate cuts

Welcome to the 'yes, but' cycle of rate cuts
Updated On : 10 Aug 2024 | 12:30 AM IST

Bangladesh's opposition party says Sheikh Hasina must face criminal charges

Hasina, one of Asia's longest-serving leaders, resigned and fled Bangladesh on Aug 5 under pressure from millions of protesters who had taken to the streets for weeks to demand she step down

Bangladesh's opposition party says Sheikh Hasina must face criminal charges
Updated On : 09 Aug 2024 | 11:21 PM IST

PBOC studies plan to narrow rate fluctuation range, warns over bond risks

Chinese Bank also used report to sound warnings about the risks of what it considers a bond-market bubble, after an unprecedented rally sent yields so low that they could endanger financial stability

PBOC studies plan to narrow rate fluctuation range, warns over bond risks
Updated On : 09 Aug 2024 | 7:53 PM IST

Bank of Japan's policy path filled with risks after global market turmoil

In some ways, investor complacency after such a long period of steady BOJ policy made the likelihood of jumpy markets inevitable when it came time for Japanese authorities to exit

Bank of Japan's policy path filled with risks after global market turmoil
Updated On : 09 Aug 2024 | 7:38 PM IST

Elon Musk's riot tweets spur UK to seek tougher social media rules

Not to mention large amounts of racist content posted by other X users that UK officials say has helped fuel disturbances that have erupted in isolated pockets across country, particularly in north

Elon Musk's riot tweets spur UK to seek tougher social media rules
Updated On : 09 Aug 2024 | 6:52 PM IST

Japan issues its first 'megaquake' warning after powerful tremors in Kyushu

A megaquake in what's known as the Nankai trough could surpass the damage from the March 2011 earthquake and tsunami that devastated the northern coast of the main island of Honshu

Japan issues its first 'megaquake' warning after powerful tremors in Kyushu
Updated On : 09 Aug 2024 | 5:50 PM IST