Thursday, May 15, 2025

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June 28, 2024 1:06 PM

Asia shares set for five-month winning streak; yen slides

Asian stocks were on track for a fifth straight month of gains on Friday, bolstered by a growing view that cooling U.S. inflation could prompt the Federal Reserve to ease rates this year, while the yen tumbled to a 38-year low against the dollar. Fr...

June 28, 2024 12:37 PM

Number of days over 35 C surges in world’s scorching capitals

The number of days reaching a sizzling 35 degrees Celsius (95 Fahrenheit) in 20 of the world's largest capitals - from Delhi to Jakarta to Buenos Aires - has risen 52% over the past three decades, a think tank analysis found on Friday. More than 300...

June 28, 2024 11:54 AM

Bangladesh receives $1.15bn from IMF as part of $4.7bn loan package

Bangladesh received $1.15 billion from the International Monetary Fund (IMF) on Thursday, marking the third tranche of a $4.7 billion loan package. Besides the IMF funds, Bangladesh also received around $900 million from other sources including the I...

June 27, 2024 4:23 PM

What’s next after Kenya withdraws finance bill amid protests?

Kenyan protesters vowed on Thursday to keep up their demonstrations against President William Ruto's government despite his pledge to withdraw proposed tax hikes that prompted a week of deadly unrest. He backed down on fiscal measures that th...

 

Last updated on: 15th May 2025