South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
In a crucial ruling on May 5, the North Gauteng High Court in Pretoria decided in favor of the National Union of Metalworkers of South Africa (NUMSA) and 18 other applicants seeking
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Imran Khan, the former cricketer turned politician and ex-Prime Minister of Pakistan, has been a controversial figure since he entered politics. Over the years, he has been accused of corruption and faced
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Future historians will likely look back at the debt ceiling rituals being reenacted these days with a frustrated shaking of their heads. That otherwise reasonable people would be so readily deceived raises
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“Never attribute to malice what can be adequately explained by stupidity” Summary: A letter from UGC Chairman Senior Professor Sampath Amaratunga to the Ministry of Education officials has recently surfaced making note
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An Eastern analogue is found in the Suvannahamsa Jataka, which appears in the fourth section of the Buddhist book of monastic discipline (Vinaya). In this the father of a poor family is reborn
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The entrenched U.S. debt problem has once again drawn global attention, as U.S. Treasury Secretary Janet Yellen recently warned that the U.S. government could default as soon as June 1 if the
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The Organization of Petroleum Exporting Countries (OPEC) plays a “vital role” in supporting oil market stability, the organization’s chief said on Thursday, in an apparent defense of surprise output cuts earlier this
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More U.S. regional banks could face loss of investor confidence and succumb to deterioration of business amid banking turmoil, as the First Republic Bank continues its struggle to find a way out
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It’s a hot and crowded Tuesday morning in the Yoruba Cultural Center in Havana, and the air sticks to the skin. You can hear the fluttering of paper as people fan themselves,
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The Delhi Police on Wednesday announced the arrest of 31-old-man from West Bengal’s Murshidabad, who illegally procured Indian and international SIM cards in bulk, activated them, and then sold them to cybercriminals
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The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. “Amid high inflation, tightening financing conditions, and elevated debt, policymakers should
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The first event of President Lula da Silva’s long-awaited visit to China in mid-April 2023 is the official swearing-in ceremony of Dilma Rousseff as president of the New Development Bank (popularly known as the
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The fourth Export Barometer Survey conducted by The Ceylon Chamber of Commerce highlighted the fall in exports in the second half of 2022, in line with the decline in national exports during
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A lack of independent financial policies and oversight has put the European banking industry in turmoil due to spillover risks from the U.S. financial system, a Singaporean economist told Xinhua in a
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In late February 2023, U.S. President Joe Biden announced that the United States had placed the nomination of Ajay Banga to be the next head of the World Bank, established in 1944. There will
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