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Not just tycoons, India's asset monetisation plan must treat all fairly

Australia has lessons for India's plan on managing a fair deal for taxpayers and ensuring public utilities work and are affordable.

China's central bank vows to boost credit support, stabilise money growth

The People's Bank of China will keep monetary policy stable with a good cross-cyclical design and will support high-quality economic expansion with "appropriate money growth," according to a statement

China tech stocks rebound as Cathie Wood joins bargain hunters

Heavyweights Tencent and Alibaba Group Holding Ltd. climbed 8.8% and 9.5%, respectively.

India's world-beating stock market rally is narrowing fast, charts show

Since the end of July, measures of red-hot small and midcap shares have slumped and just a bunch of heavyweights have been keeping the largecap rally alive

El Salvador readies Bitcoin rollout with 200 ATMs for conversion

The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for 'cool,' President Nayib Bukele said on Twitter

Yale taps 36-year-old Matthew Mendelsohn to run $31-bn endowment

Matthew Mendelsohn, 36, will head the second-largest private college endowment in the U.S. -- one that's the envy of peers and institutional investors

China eyes $1 trn of minerals in Afghanistan with risky bet on Taliban

Kabul faces a growing economic crisis, with prices of staples like flour and oil surging, pharmacies running short on drugs and ATMs depleted of cash.

India considers allowing foreign direct investment in LIC: Report

Any strategic investment would be subject to a cap, though it's unclear at what level that would be set, according to a person familiar with the matter

India to resume Covid vaccine exports in 2022: Head of govt expert panel

A second wave of Covil infections and local supply delays prompted the government to prioritize its own citizens and halted overseas shipments of vaccines in April.

Boeing employees' safety independence under scrutiny by US FAA

The FAA action is the latest to look at Boeing's safety practices following twin fatal crashes of the company's 737 Max

Taliban have no self-doubt; they don't care if Afghanistan goes down

There is no meaningful evidence that the Taliban are feeling any existential crisis, much less that they care about making money or running an economy

Taliban name obscure official to lead central bank in economic crisis

Mohammad Idris, who headed the Taliban's economic commission, will 'address the looming banking issues and the problems of the people'

PayPal Holdings launches crypto buying and selling in the UK

Rollout is first international expansion of company's cryptocurrencies outside the US

China investigates top government official of Alibaba's home city

Hangzhou Municipal Party Committee Secretary Zhou Jiangyong, 53, has been placed under investigation for serious violations of party discipline and state law

Afghanistan central banker sees currency drop, capital controls

The Afghani, as the tender is known, likely will see renewed weakness after it reached a record low last week, Ajmal Ahmady, governor of Da Afghanistan Bank, known as DAB, said in an interview

Afghan crisis: Western forces must leave by Aug 31 deadline, says Taliban

'There will be consequences in case of delay in withdrawing troops'

600,000 daily Covid cases likely if India doesn't vaccinate more: Study

Daily infections could reduce to 200,000 if the government executes its 10-million-a-day vaccination plan, the report stated

Pfizer to acquire cancer drugmaker Trillium Therapeutics for $2.3 bn

Pfizer will pay $18.50 a share for Cambridge, Massachusetts-based Trillium, the companies said Monday in a statement.

India's volatile rains may create challenges for inflation, says Barclays

The nation is facing an 8% rainfall deficit, which will impact future sowing and harvesting seasons, pressuring consumer prices and squeezing the agriculture sector, Barclays chief India economist

Xi Jinping raises 'common prosperity' rhetoric, warning China's rich

The phrase has appeared 65 times in the Chinese leader's speeches and meetings so far this year, referring to wealth inequality in the country.