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The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.
The decision to include Indian government bonds in two prominent global indexes recently is being viewed as a shot in the arm for the rapidly growing country and is expected to bring in billions of inflows.
To get the economy back on track, China is trying to champion its domestic companies and reassure entrepreneurs that it’s ready for business.
Sri Lankan Jeewani Bandara had moved to Kuwait to work as a domestic helper as her country’s economic situation deteriorated, but the 45-year-old returned home last year after an accident left her unemployed.
Australia’s universities are a magnet for foreign students, especially from Asia. The share of international student enrolments in higher education is much higher than in other advanced economies. At some universities, it exceeded 40 per cent in 2022, according to Australia’s Department of Education.
China has two choices right now: return to its old economic policies, or choose reforms to spur growth, according to the International Monetary Fund's Managing Director Kristalina Georgieva.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
NEW DELHI -- Demographic pressures hitting aging Asian economies like China and Japan are also looming on the horizon for India, new research highlights, putting the world's most populous country in a race against time to mitigate the effects.