Paraguay is undergoing one of the most significant political and financial crises in its recent history. The Central Bank of Paraguay’s intervention in Ueno Bank—following the detection of serious irregularities in its
Paraguay is undergoing one of the most significant political and financial crises in its recent history. The Central Bank of Paraguay’s intervention in Ueno Bank—following the detection of serious irregularities in its
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Paraguayan President Santiago Peña has resigned after parliament initiated impeachment proceedings against him over alleged irregularities linked to the collapse of Ueno Bank, a financial crisis that has triggered protests and left
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External debt owed by low- and middle-income countries rose by 5.5 per cent in 2025 to a record $9.4 trillion, marking the sharpest annual increase since 2021, according to the World Bank’s
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The theft of US$6.3 billion from Binance, the world’s largest cryptocurrency exchange, has prompted rival platforms to strengthen their security systems and calls for greater industry-wide cooperation, as growing efforts to integrate
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Australia’s corporate regulator is investigating the role of investment banks in promoting the initial public offering of Firmus, a data centre operator backed by Nvidia, after concerns emerged over information provided to
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Hundreds of Indonesian security personnel were deployed across the capital, Jakarta, on Wednesday ahead of student protests against President Prabowo Subianto’s policies and his government’s handling of forest fires on the islands
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Wall Street’s focus is shifting from how quickly artificial intelligence will expand to whether the companies building its infrastructure can generate enough profit to pay for it. After years of strong stock
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France’s escalating unrest is intensifying investor concerns over public finances and economic growth, as the government faces mounting pressure to deliver budget savings amid political divisions and further planned demonstrations. The yield
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Sri Lanka raised Rs. 80.6 billion through its Treasury bill auction on Wednesday, 21 October, falling Rs. 19.4 billion short of the Rs. 100 billion offered, as the Government accepted most funds
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Senior executives have resigned from a $25 billion US liquefied natural gas venture after its former chief executive alleged that Russian energy group Novatek was secretly financing the project and controlling its
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A familiar storm gathers Sri Lanka’s inflation reached 8% in September 2026, above the Central Bank’s 3–7% target band for a third straight month, and another push is coming from abroad. Brent
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Indonesia’s oil and gas import bill surged 40.2 per cent year on year to US$25.8 billion in the first seven months of 2026, as higher global energy prices increased pressure on the
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Bangladesh has spent an estimated US$4.1 billion in additional costs since late February to cushion the impact of a global energy crisis, placing mounting pressure on Prime Minister Tarique Rahman’s plans to
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A central bank is not merely an institution that adjusts interest rates, issues currency and lectures the public about financial discipline. It is a guardian of public confidence. When ordinary people lose
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Sri Lanka is preparing to enter a new agreement with the International Monetary Fund (IMF), with President Anura Kumara Dissanayake saying the government is ready to pursue a growth-focused arrangement while protecting
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