Over three decades, China has transformed from a relatively poor economy into the world’s largest economy by purchasing power parity, overtaking both the United States and the European Union. In 1990, China’s
Over three decades, China has transformed from a relatively poor economy into the world’s largest economy by purchasing power parity, overtaking both the United States and the European Union. In 1990, China’s
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The US national debt is set to surpass $40 trillion this week, months earlier than forecasters had expected, as faster borrowing reflects both the government’s widening fiscal gap and billions of dollars
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HSBC has agreed to sell its Singapore insurance business to Allianz for $2.1 billion, marking another significant step in chief executive Georges Elhedery’s drive to simplify the bank’s global operations while sharpening
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Sri Lanka recorded a budget surplus of Rs. 197.3 billion during the first five months of 2026, marking a significant turnaround from the deficit recorded during the same period a year earlier,
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The death of Chinese economist Gao Shanwen, who drew international attention after questioning the accuracy of official economic growth figures, has triggered widespread mourning online from commenters who described him as a
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The Japanese yen weakened further on Tuesday as traders continued pushing the currency lower amid the absence of fresh intervention signals from Japanese authorities, though the possibility of a surprise yen-buying move
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US President Donald Trump reported more than $1.4 billion in income from his family’s cryptocurrency ventures in 2025, according to a review of his latest financial disclosure filed with the US Office
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Administrators managing the insolvency of Market Financial Solutions have launched explosive legal action against the company’s owner, Paresh Raja, accusing him of orchestrating the “systematic plundering” of the collapsed mortgage lender. According
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India’s battle to contain a rapidly weakening rupee has entered a new, more aggressive phase as the Reserve Bank of India deploys highly unpredictable intervention tactics that are reshaping currency trading and
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Editor’s Note: Annie White, Director of Software Tools at the Growth Lab, Harvard Kennedy School, and Sebastian Bustos, Senior Research Fellow at the Center for International Development, Harvard University, recently presented their
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India’s trade deficit has narrowed to $14.05 billion in February, marking the lowest level in three years, as petroleum exports to Europe plunged by 30% and gold imports dropped by 60%. According
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India’s economic trajectory requires a bold reform agenda to achieve Prime Minister Narendra Modi’s vision of transforming the country into a developed nation by 2047. While ambition is commendable, matching it with
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Sri Lanka’s foreign exchange reserves experienced a decline in December 2024, falling to USD 6.09 billion from USD 6.45 billion in November 2024, according to data released by the Central Bank of
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Sandra Matz’s Mindmasters: The Data-Driven Science of Predicting and Changing Human Behavior is a compelling dissection of our data-driven era, delving into the psychology of human behaviour and the technological forces shaping
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India has recorded a substantial trade surplus with 151 countries and a significant deficit with 75 nations in the first half of 2024, according to the Global Trade Research Initiative (GTRI). The
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