Krishna Srinivasan, the IMF Director for Asia Pacific, emphasized the importance for Asian central banks to maintain a steadfast focus on domestic price stability rather […]
Category: Business
Oil prices rise amid middle east tensions and economic data.
Oil prices saw an uptick on Friday, driven by heightened tensions in the Middle East. However, gains were limited by a strong US dollar and […]
Sri Lanka to hand over management of chinese-built airport to indian and russian companies.
In a bid to mitigate losses incurred by its state enterprises, Sri Lanka has announced plans to transfer the management of the Mattala Rajapaksa International […]
Dollar hits fresh high against yen amid US inflation data, BOJ meeting.
On Friday, the dollar surged to a new high against the yen, propelled in part by US inflation figures that met expectations, signaling a potential […]
China’s auto show: electric cars revolutionize industry dynamics.
China’s relentless pursuit of automotive innovation was showcased at the nation’s premier auto exhibition, signaling a paradigm shift in the global automotive landscape. Established players […]
Iran-Pakistan gas pipeline deal: key facts and developments.
The Iran-Pakistan Gas Pipeline Project remains a focal point for both nations, reflecting their mutual energy interests and the challenges posed by geopolitical factors and […]
JP morgan report forecasts pressure on global natural gas prices as infrastructure expands.
According to a report by JP Morgan, global natural gas prices are expected to face increasing pressure until the end of the decade, driven by […]
Tesla plans to produce affordable vehicles using existing factories, scraps mexico and india investments.
Tesla announced on Tuesday its intention to utilize its current factories for producing new, more affordable vehicles, shelving plans for investments in new facilities in […]
CPPA-G seeks Rs 2.94 per unit increase in power tariff for march.
The Central Power Purchasing Agency (CPPA-G) has filed a request with the National Electric Power Regulatory Authority (NEPRA) seeking a Rs 2.94 per unit hike […]