Dhaka / AFP Bangladesh’s central bank chief resigned on Tuesday, after hackers stole $81 million from the nation’s foreign reserves in one of the biggest bank heists in history, the finance minister said. The audacious cyber-theft has embarrassed the government, triggered outrage in the impoverished country and raised alarm over the security of the country’s foreign exchange reserves of over ...

Bangkok / AFP Communist-ruled Laos must deepen reforms to maintain its rapid expansion, the IMF chief, Christine Lagarde said on Tuesday at the end of a rare visit to one of the world’s fastest growing economies. Resource-rich Laos has an annual growth rate of around 7.4 percent, but gains have not been evenly distributed and poverty remains widespread among its ...

New Delhi / Bloomberg India may shut two of its oldest reactors almost five decades after they went into operation as power tariffs aren’t keeping pace with maintenance costs, according to Sekhar Basu, secretary at the Department of Atomic Energy. The first two reactors at Tarapur, about 100 kilometers from Mumbai at India’s western coast, suffer frequent maintenance shutdowns that ...