Pakistan and Sri Lanka are getting close to securing bailouts from the International Monetary Fund after taking a series of steps including tax increases to boost their beleaguered economies.
Australia’s fleet of nuclear submarines provided under the Aukus agreement will be the “biggest leap in our defence capability in our history,” according to Prime Minister Anthony Albanese.
Thailand’s economy is set to bounce back from a shock contraction in the fourth quarter as foreign tourist arrivals are likely to surprise on the upside and counter headwinds to merchandise exports from a global slowdown.
President Joe Biden said Vladimir Putin would never win his war in Ukraine in a speech marking the one-year point of the invasion.
South Korea’s fertility rate, the world’s lowest for years, has fallen again, aggravating the challenges of aging demographics for the economy.
PT Amman Mineral Internasional, which owns the second-largest copper and gold mine in Indonesia, is considering an initial public offering in Jakarta that could raise as much as $1 billion, according to people with knowledge of the matter.
There are clear signs markets are now in a risk-off mode as traders position for further downside before Wednesday’s FOMC minutes. That’s after US stocks saw their worst one-day fall for 2023 as trading resumed Tuesday following choppy triple witching actions ahead of the long weekend.
After an extraordinary heat wave smothered much of India last year and forced the country to restrict wheat exports, farmers are closely guarding their fields as the threat of another extreme weather event looms.
Australian pay grew at a weaker than expected pace in the final three months of 2022, suggesting the economy will avoid a wage-price spiral and prompting traders to pare bets on future interest-rate increases.
As China scoops up more and more discounted Russian oil, producers in Africa and South America are losing out.
