IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet
Pakistan seeks another long-term IMF programme to support its ailing economy but experts say the focus must be on reforms.
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Bitcoin and ether drop as investors question the U.S. economy's strength: CNBC Crypto World
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Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back
Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans.
Japanese yen strengthens sharply after hitting 160 against dollar for the first time since 1990
The Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia.
China is buying less from its Asian neighbors, too
Sonal Varma is chief economist at Nomura for the Asian region excluding Japan.
Why has the Japanese yen dipped to a three-decade low? There are several factors
Support for the currency follows a years-long slide that even Japan’s first interest rate hike since 2007 and broad optimism about the economy has failed to arrest.
Is today’s India more unequal than under British rule?
India’s top 1 percent holds more income today than it did under the British, new research shows. The middle class is the worst affected. Is a tax for the super-rich the answer?
China's rare-earth miners suffer profit falls as new supply chains rise
HONG KONG -- China's rare-earth miners and refiners are suffering from falling revenues and profits despite the government's efforts to protect the strategic industry, as competitors scurry to build their own supply chains and the domestic economy remains shaky.