Pakistan, IMF reach $3 billion staff-level agreement
ISLAMABAD (Reuters) -The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement,
2023-06-30 11:53
IMF reaches $3 billion staff-level agreement with Pakistan
Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) for a crucial bailout that could help stabilize its flailing economy and lift the South Asian nation out of a crisis that has pushed millions to the brink.
2023-06-30 11:50
Singapore Bids Libor Farewell With Surge in SORA Derivatives
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in
2023-06-30 11:49
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:23
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:20
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not
2023-06-30 11:19
Tokyo inflation points to broadening price pressure, tests dovish BOJ stance
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core inflation in Japan's capital perked up in June and remained above
2023-06-30 10:57
China's factory activity extends declines as demand weakens
By Joe Cash BEIJING (Reuters) -China's manufacturing activity contracted for a third straight month in June, albeit at a slower
2023-06-30 10:55
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:26
Services activity in China drops to weakest level in six months
Activity in China's services industry and construction sector dropped to its weakest level since December, according to data released Friday by the National Bureau of Statistics, as the country's economic recovery continues to lose momentum.
2023-06-30 10:21
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:51
India’s HDFC Vaults Into Ranks of World’s Most Valuable Banks
A homegrown Indian company will for the first time rank among the world’s most valuable banks after completing
2023-06-30 09:49