Stay Connected. Stay Informed.
Analysts are closely watching out for new reforms from Beijing to address deep-seated economic imbalances. | Photo Credit: AFPSTR China should rely more on structural reforms and less on economic stimulus to drive growth this year, Liu Shijin, a policy adviser to the central bank, said on Wednesday. Mr. Liu, a member of People’s Bank…
Read More “China central bank adviser urges structural reforms to spur growth” »
Kim Jong Un could be seen with his head peeking out of a battle tank in the state media’s picture Seoul: North Korean leader Kim Jong Un guided a military demonstration involving a new battle tank, state media KCNA reported on Thursday, in the latest show of force by the isolated state as South Korea…
Read More “Kim Jong Un In Leather Jacket Drives North Korea New Tank In Mock Battle” »
More auctions in the future will distract would-be buyers from the regular market, which could weigh on prices for both new and second-hand homes. AFP | Photo Credit: AFP Chased by debt collectors over a mortgage delinquency in a southern Chinese city, former finance worker Lei Xiaoyu no longer answers her phone as she tries to…
Read More “Rising mortgage defaults bring more pain to Chinese households” »
Residents of the Blairgowrie neighbourhood of Johannesburg, South Africa, demonstrate against the lack of water on March 12. | Photo Credit: AP Anger is mounting in some Johannesburg districts left without water for more than a week, fewer than three months before general elections marked by voter discontent with South Africa’s failing infrastructure. With power…
Read More “Water cuts add to people’s frustration as South Africa prepares for general polls” »
Barely weeks after Japanese stocks broke three-decade highs, the country’s financial markets are hurtling toward another phenomenon not seen for the best part of a generation: rising interest rates. Bankers are attending remedial classes on what to do when rates move and trading rooms are setting up for moribund derivative markets to spring to life…
Read More “In Japan, interest rate increases herald a new era for financial markets” »
The company said that the move can potentially create up to 5,000 jobs. Chennai: Tata Motors, India’s largest automobile company, on Wednesday signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu to explore setting-up of a vehicle manufacturing facility in the state. According to the MoU, the company will invest 9000 crore…
Read More “Tata Motors To Build Rs 9000-Crore Vehicle Manufacturing Plant In Tamil Nadu” »
The Enforcement Directorate today conducted raids at several locations in West Bengal’s Sandeshkhali over land grabbing allegations against Trinamool Congress strongman Sheikh Shahjahan and his associates. The probe agency, along with paramilitary forces, conducted raids at four locations today. The raids comes just days after Shahjahan, who also faces allegations of sexual abuse, was arrested…
Read More “Probe Agency Raids In Bengal’s Sandeshkhali Days After Sheikh Shahjahan’s Arrest” »
Leader of the Palinau Alliance signs the deal in the presence of the police in Port Moresby on Wednesday. | Photo Credit: AFP Warring tribes in Papua New Guinea negotiated a temporary ceasefire on March 13, agreeing to halt a spiralling series of revenge killings in the country’s remote highlands. Years of tit-for-tat fighting in…
Read More “Warring tribes in Papua New Guinea sign ceasefire deal” »
Shaping the future:Unlike Security Council resolutions, General Assembly resolutions are not legally binding but they are an important barometer of world opinion. | Photo Credit: AP The United States is spearheading the first United Nations resolution on artificial intelligence, aimed at ensuring that the new technology is “safe, secure and trustworthy” and that all countries,…
Read More “U.S. to moot first-of-its-kind resolution at UN seeking equal global access to AI” »
BJP workers celebrate after the announcement of Union Minister for Road Transport and Highway Nitin Gadkari’s name as the party’s candidate from Nagpur constituency for the upcoming Lok Sabha elections, in Nagpur, on March 13, 2024. | Photo Credit: PTI Ram Nath Kovind-led panel may submit report on simultaneous polls on March 14 The high-level…
)