financial crisis

US stocks have posted their worst first half in more than 50 years, while their European counterparts finished with their worst one since the global financial crisis in 2008. Investors fear that interest rate hikes by central banks to tame…

Tunisian President Kais Saied delivered his draft for a new constitution to the public on Friday after months of political turmoil. A referendum is expected to be held on July 25 to decide the document’s fate, and,…

Issued on: 12/05/2022 - 17:12 Sri Lanka's embattled president swore in a new prime minister Thursday to replace his brother, who was banned from leaving the country after his…

The US Federal Reserve has strongly signaled it will raise interest rates by half a percentage point this week to rein in soaring inflation, and likely continue hiking throughout this year. The Fed has long played a decisive role when the…

In France's presidential election campaign five years ago, far-right candidate Marine Le Pen's economic program turned out to be one of her weak points. As in this year's election, she was facing centrist Emmanuel Macron — the current…

In France's presidential election campaign five years ago, far-right candidate Marine Le Pen's economic program turned out to be one of her weak points. As in this year's election, she was facing centrist Emmanuel Macron — the current…

The economic crisis in Sri Lanka is deepening and the government there is taking strict measures, including imposing emergency, to deal with the protests over the country’s worst financial woe in decades. The crisis is not sudden but it had…

Armed troops in Sri Lanka blocked a Sunday opposition protest march staged in defiance of an emergency curfew to protest the island nation’s worsening economic crisis, after authorities imposed a social media blackout to contain public…

The rupee inched higher by 3 paise to close at 76.90 (provisional) against the US dollar on Tuesday, tracking positive domestic equities and a weak dollar.At the interbank forex market, the local unit opened at 77.02 against the greenback…

ISLAMABAD: Pakistan prime minister Imran Khan is set to visit China next month to reinforce their strategic ties and to advance economic and trade relations between the two countries. This China visit, which is taking place after nearly two…