dollar central bank

US Dollar’s Share in Central-Bank Reserves Falls Below 60%

The latest data from the International Monetary Fund (IMF) reveals a decline in the dollar’s share in global central-bank reserves during the third quarter, signaling a shift in the currency composition. The... Read more »
Asian Markets

Asian Markets Retreat as Investors Brace for Fed’s Rate Cut Uncertainty

Asian markets turned bearish on Thursday as investors eased off the gas following a prolonged rally driven by expectations of interest rate cuts by the Federal Reserve in the coming year. Recent... Read more »

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Australian High Commissioner

Australian High Commissioner Vows Ongoing Support for Rohingya Crisis

The Australian High Commissioner to Bangladesh, Jeremy Bruer, reaffirmed his government’s commitment to providing ongoing humanitarian aid to the Rohingya people and supporting Bangladesh’s stance on the repatriation of displaced individuals to... Read more »
bangladesh foreign dbt

Bangladesh’s Foreign Debt Service Payments to Spike by 11%.

A weakening local currency is poised to increase the government’s foreign debt service obligations by nearly 11% from the amount kept aside in the ongoing fiscal year, according to the Economic Relations... Read more »
Nissan

Nissan Joins Tesla and BMW in Exporting China-Manufactured Cars

Nissan Motor (7201.T) announced on Sunday (December 17) its plans to globally distribute electric vehicles (EVs) developed in China, following a strategic agreement with a top Chinese university to bolster research and... Read more »
61 Missing as Boat Sinks Near Libyan Coast

61 Missing,Presumed Dead as Boat Sinks Near Libyan Coast

Around 61 migrants are missing and presumed dead after their boat sank off the coast of Libya, marking another tragic incident in the perilous journey for migrants off North Africa. The International... Read more »
"IMF Board Approves Release of $689 Million to Bangladesh"

IMF Board Approves Release of $689 Million to Bangladesh

The International Monetary Fund (IMF) has approved the release of $689 million in the second tranche of the $4.7 billion loan package allocated for Bangladesh. Finance Minister AHM Mustafa Kamal late last... Read more »
renata

Renata Expands Global Footprint with Entry into Australian Pharmaceutical Market

Renata Limited – one of the leading drugmakers in the country – has put its footprints into the Australian pharmaceutical market for the first time. As part of its global market strategy,... Read more »
Asian Markets

Asian Markets React to Wall Street Surge Amidst US Jobs Data Anticipation

Asian markets experienced fluctuations on Friday as investors attempted to follow a Wall Street surge ahead of crucial US jobs data. Tokyo faced a setback from an extended yen rally, fueled by... Read more »
putin russia

Putin Asserts Unstoppable Russian Development at VTB Investment Forum

Russian President Vladimir Putin expressed unwavering confidence in Russia’s development, asserting that no external force can impede or decelerate the country’s progress. Speaking at the VTB Investment Forum “Russia Calling!”, Putin emphasized... Read more »