Mon, 30 Jan 2023

South Korean exports fall 2.7% in first 20 days in January

SEOUL, South Korea: Korea Customs Service data released this week showed that South Korean exports for the first 20 days ...

Ireland had highest EU budget surplus in third quarter 2022

DUBLIN, Ireland: Ireland reported a higher budget surplus than any other country among the 27-member European Union for the third ...

As yearly output declines, experts say US manufacturing in recession

WASHINGTON D.C.: Based on a range of measurements, US manufacturing could have entered a recession in the fourth quarter of ...

US Wolfspeed to build $2.17 billion chip factory in Germany

FRANKFURT, Germany: German media has reported that American power chipmaker Wolfspeed Inc is planning to build a factory in Germany, ...

Two-day G20 International Financial Architecture Working Group meeting to begin Monday in Chandigarh

Chandigarh [India], January 29 (ANI): The first two-day G20 International Financial Architecture Working Group meeting under India's G20 Presidency is ...

China's debt moratorium offer to Sri Lanka not sufficient for IMF to approve funding program: Report

Colombo [Sri Lanka], January 29 (ANI): China's offer to Sri Lanka of a two-year moratorium on its debt is not ...

Ex-General Wins Czech Presidential Election

PRAGUE - ormer army chief Petr Pavel won the Czech Republic's presidential election on Saturday after a campaign featuring strong ...

Just as Pandavas could not choose their relatives, India can't choose its neighbours: Jaishankar on Pakistan

Pune (Maharashtra) [India], January 28 (ANI): External Affairs Minister S Jaishankar on Saturday said that just as the Pandavas could ...

Pakistan creating hurdles in power projects: Union Minister Jitendra Singh on Indus Waters Treaty

Kathua (Jammu and Kashmir) [India], January 28 (ANI): Union Minister Jitendra Singh on Saturday said that Pakistan is creating unwanted ...

Price cap range for Russian diesel agreed Bloomberg

The EU and G7 continue to discuss the exact level, seeking to avoid major disruptions across the global marketThe Group ...

2023 brought more miseries to Pakistan's economy, analysts warn of bankruptcy

Islamabad [Pakistan], January 28 (ANI): The New Year, 2023, has brought more miseries to Pakistan's already dwindling economy. Analysts are ...

Belgium wont back EU ban on Russian diamonds official

Prime Minister Alexander De Croo says the measure is pointlessBelgium will never support a ban on Russian diamond imports to ...

Goldman Sachs slashes CEO's pay by 30 pc after bank's poor performance

New York [US], January 28 (ANI): Goldman Sachs Chief Executive, David M Solomon saw his 2022 pay slashed by nearly ...

Sam Ryder clings to Farmers lead as Jon Rahm charges into second

Sam Ryder maintained the lead at the Farmers Insurance Open and drew one step closer to winning on the PGA ...

Nepal's Pokhara Airport faces hurdle due to payload issues

Kathmandu [Pakistan], January 27 (ANI): Nepal's Pokhara International Airport, which was inaugurated by Prime Minister Pushpa Kamal Dahal on January ...

Interest rates nearing peaks but major central banks will delay monetary policy easing: Report

New Delhi [India], January 27 (ANI): Key policy interest rates are nearing their peaks globally but major central banks will ...

Pakistan's recent countrywide electricity blackout linked to forex woes

Islamabad [Pakistan], January 27 (ANI): Pakistan's recent countrywide electricity blackout is a symptom of its enduring economic crisis as its ...

EU claims to have found way to access frozen Russian funds Bloomberg

Brussels reportedly wants to use the seized assets to rebuild UkraineThe European Union has told member states that it has ...

Pakistani rupee sees highest 1-day fall in 20 years

New Delhi [India], January 27 (ANI): The Pakistani rupee saw its biggest one-day decline in over two decades on Thursday. ...

Boeing Pleads Not Guilty to Misleading Regulators

U.S.-based aircraft manufacturer Boeing pleaded not guilty Thursday to charges that it misled regulators about two crashes of its 737 ...

Russia releases latest forex reserve numbers

Holdings grew by more than $2.6 billion in a single week, according to the Central BankRussia continues to grow its ...

Pakistan's intransigence on Indus Waters Treaty causes India to issue notice for modification of Treaty

New Delhi [India], January 27 (ANI): India has issued notice to Pakistan for modification of the Indus Waters Treaty (IWT) ...

IMF delegation to visit Pakistan next week for talks on 9th review: official

Islamabad [Pakistan], January 27 (ANI): An international Monetary Fund (IMF) delegation will visit Pakistan next week to discuss the ninth ...

US Economy Showed Solid Growth at End of 2022

Washington - The U.S. economy cooled only slightly at the end of last year, advancing at an annualized 2.9% rate, ...

UN report labels China a bright spot

The economic forecast for Beijing is moderate, but better than the 'sharply deteriorated? outlook for the EUChina will outpace Western ...

World Bank: Afghan Revenue Collection, Exports Remain Strong

Islamabad - The World Bank has delivered a surprisingly upbeat assessment of the Afghan economy in the first nine months ...

US dollar gains strength as Chinese Yuan depreciates amid its shrinking economy

Beijing [China], January 26 (ANI): The attempts by Beijing to dethrone the US dollar as the global currency and replace ...

ChatGPT: Why education should embrace the AI chatbot, not shun it

Just under two months ago, the US artificial intelligence company OpenAI introduced a program called ChatGPT. Essentially an advanced chatbot, ...

Myanmar's Opium Production Said to be Surging After Years of Decline

BANGKOK - Myanmar's farmers are flocking back to opium poppy cultivation amid rising prices for the contraband crop and an ...

IBM to cut 3,900 jobs amid broader tech slowdown: WSJ

New York [US], January 26 (ANI): The International Business Machines (IBM) has joined the wave of companies conducting layoffs, saying ...

Strikes: how rising household debt could slow industrial action this year

After decades of declining real wages and deteriorating working conditions, strike activity has spiked over the last year, particularly in ...

Bank of Canada hikes policy interest rate by 25 basis points

© Provided by Xinhua Inflation is projected to come down significantly this year. Lower energy prices, improvements in global supply ...

IMF Chief Praises Zambia's Reforms, Pushes Creditors on Debt

Lusaka - The head of the International Monetary Fund is praising Zambia's efforts to reform its economy and urging its ...

Analysts Question Charges Against Nigeria's Central Bank Chief

Abuja - Nigeria's secret police are investigating Central Bank Governor Godwin Emefiele for alleged financial crimes, financing terrorism, and graft. ...

China's lending debacle: Development loans hit 13-year low

Beijing [China], January 25 (ANI): China is the world's largest bilateral lender, however, the loans committed by them to 100 ...

Challenges revolving investigation of cryptocurrency-related cases discussed at DGs conference

By Saurabh TrivediNew Delhi [India], January 25 (ANI): Challenges and way out in the investigation of cases related to cryptocurrencies ...

China: Natural gas shortage, cold temperature make winter unbearable for residents

Beijing [China], January 25 (ANI): The shortage of natural gas and the cold wave in China are making the winter ...

Cheaper Chinese drones helping Beijing in informatised warfare: Report

Beijing [China], January 25 (ANI): The cheaper going rates of Chinese drones makes them the first preference for countries that ...

Ghana's domestic debt restructuring has stalled: four reasons why

Ghana is facing multiple financial and economic challenges and has requested a US$3 billion bailout from the International Monetary Fund ...

Microsoft services including Teams, Outlook face major outage

New Delhi [India], January 25 (ANI): American tech giant Microsoft's services including Teams, Outlook, Azure, and Microsoft 365, went down ...

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Parents swim to save daughter: Mother returns with girl, father loses life

LENNOX HEAD, Australia - An Irish father died in Australia while trying to save his daughter after she was swept ...

Men's Hockey WC: Netherlands downs Australia 3-1, clinches bronze medal

Bhubaneswar (Odisha) [India], January 29 (ANI): Two-time champions Netherlands clinched the bronze medal at the ongoing FIH Men's Hockey World ...

BJP leader Manjinder Singh Sirsa condemns anti-India activities by pro Khalistani in Australia

New Delhi [India], January 29 (ANI): Bharatiya Janata Party leader Manjinder Singh Sirsa on Sunday condemned anti-India activities by pro-Khalistani ...

Novak Djokovic drubs Stefanos Tsitsipas to clinch 10th Australian Open title, equals Nadal's record of 22 major crowns

Melbourne [Australia], January 29 (ANI): Sublime Novak Djokovic put up a dominant show against Stefanos Tsitsipas of Greece to win ...

Sri Lankan selection committee on verge of overhaul following poor T20 World Cup

Colombo [Sri Lanka], January 29 (ANI): A little over four months after clinching the Asia Cup, the Sri Lankan team ...

Djokovic Beats Tsitsipas for 10th Australian Open, 22nd Slam

Melbourne - Novak Djokovic was simply too good at the most crucial moments and claimed his 10th Australian Open championship ...

Featured story

Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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