Browsing: Business

Chinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by an overarching risk-averse sentiment throughout the region and escalating concerns about China’s economic prospects. The Hang Seng China Enterprises Index,

Amid concerns about China’s economic stability and diminished global demand, the World Bank has revised its growth projections for developing East Asia and the Pacific. The bank’s most recent assessment, unveiled in its Monday report from Asia, predicts the region

The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm for a swift and inclusive shift towards a green maritime industry. Launched on the eve of World Maritime Day, UNCTAD’s Review of Maritime Transport 2023 accentuates the

The IRENA Innovation Week, set to unfold from September 25th-28th in Bonn, will shine a spotlight on transformative renewable solutions with the potential to revolutionize end-use sectors. Bringing together global giants, cutting-edge innovators, and key policymakers, the 2023 summit aims

The conclusion of the Federal Reserve’s recent two-day policy meeting brought with it a decision to keep interest rates steady. This came as somewhat of a surprise, given the central bank’s aggressive approach over the past year and a half,

As the US grappled with the aftermath of the COVID-19 pandemic, new data paints a bleak picture. Inflation-adjusted income witnessed a decline, while the child poverty rate more than doubled from 2021, according to the recent U.S. Census Bureau report.

An alarming rise in credit card fraud, costing the world economy a staggering $32.3 billion in 2021, has been spotlighted in a new report by the Arab Monetary Fund (AMF). This figure represents a sharp increase of 13.8 percent from

At the Bharat Mandapam in New Delhi, the curtains have come down on the 18th G20 Summit. With the close of the event, the responsibility of G20 leadership has transitioned from India to Brazil. In a significant gesture, India’s Prime

In a groundbreaking move, the African Union was inducted as a permanent member of the G20 today. The induction took place in New Delhi at the opening session of the G20 Summit. Prime Minister Narendra Modi, leading the session, formally

Yesterday, US President Joe Biden and Indian Prime Minister Narendra Modi convened at Modi’s official residence in New Delhi. In an atmosphere thick with camaraderie, they delved deep into avenues to intensify the economic and societal bonds between their nations.