AP The International Monetary Fund has warned of weak growth prospects in Central Asia and the Caucasus and called for active reforms to energize the post-Soviet economies. In a report, the 189-nation IMF forecast economic growth in the region in 2016 at just 1.3 percent, the lowest estimate since 1998. The slowdown is mostly due to low commodity prices ...

  Bloomberg India’s quest to become a cashless economy has been dealt a blow by a data breach that compromised as many as 3.2 million debit cards. Prime Minister Narendra Modi urged Indians in a radio address in May to use cashless payments to discourage corruption and keep track of money. Convincing them may get harder after India’s national card ...

  Bloomberg  After a decade of unrivaled expansion, Australia’s largest gas-pipeline owner is facing growing pains. Complaints from industrial gas users, frustrated by supply shortages and hefty price spikes following the start of Queensland’s liquefied natural gas export plants, sparked a regulatory review last year aimed at boosting competition in the eastern seaboard market. APA Group Ltd. is now looming ...