Recent Posts

Indian Rupee rebounds from two-year low

New Delhi / Bloomberg India’s foreign-exchange reserves climbed to a record as the rupee heads for its biggest monthly advance in two years. The currency stockpile rose by $2.54 billion in the week through March 18 to an unprecedented $355.95 billion, a Reserve Bank of India statement showed. That capped a third straight week of increases. The rupee has jumped ...

Read More »

Debt reductions to be announced, say 1MDB

Kuala Lumpur / DPA 1Malaysia Development Bhd (1MDB) will make further announcements on debt reductions in the coming weeks. It has also fully settled a 700 million ringgit (US$173.57 million) loan based on the proceeds from the sale of Edra Global Energy Bhd. On Saturday, 1MDB president and chief executive officer Arul Kanda Kandasamy said the sale of Edra had ...

Read More »

Pakistan vows to eliminate extremism after Easter carnage

Bloomberg Prime Minister Nawaz Sharif vowed to eradicate radical ideologies from Pakistan after a Taliban suicide bomber targeted many women and children celebrating Easter on Sunday at a park in one of its biggest cities. “Our goal is not only to eliminate terror infrastructure but also the extremist mindset which is a threat to our way of life,” Sharif said ...

Read More »
Send this to a friend