World economy

30 May 2018

In November last year, Nepal had scrapped a $2.5 billion deal with China Gezhouba Group Corporation to build a 1,200 MW plant on the Budhi Gandaki River, which was awarded by the earlier Maoist-led government without any competitive bidding

30 May 2018

The US action comes a week after China and the US announced measures to avert a trade war, under which Beijing agreed to "significantly increase" its purchases of American goods and services to reduce China’s $375 billion trade surplus

29 May 2018

28 May 2018

Trump said North Korea has brilliant potential and will be a great economic and financial nation one day and that Kim Jong Un too agrees on this

26 May 2018

Every step of a process, with all the associated data and documents, can be securely and irreversibly captured in a blockchain, which is ideal for the international trade in goods

25 May 2018

24 May 2018

Taxing MNEs' profits, as currently done, wastes resources and is detrimental to global welfare, a new study argues, and suggests we should, instead, tax dividends and sales

22 May 2018

At present, foreigners generally cannot own more than 49 per cent of any UAE firm unless it is incorporated in a special "free zone"

22 May 2018

At present, foreigners generally cannot own more than 49 per cent of any UAE firm unless it is incorporated in a special "free zone"

21 May 2018

While there is no specific deal, the two sides agreed to stop “slapping tariffs’ on each other and instead enhance trade cooperation in areas such as energy, agriculture, health care, high-tech products while the two sides continue trade negotiations

21 May 2018

19 May 2018

China may buy $200 billion worth of US goods to reduce its massive trade surplus, according to a report in The New York Times

12 May 2018

Malaysia’s new Prime Minister Mahathir Mohamad, making a comeback after a landslide poll victory on Thursday, said his scandal-hit predecessor Najib Razak has been prevented from leaving the country

11 May 2018

On his third visit to Nepal, Prime Minister Narendra Modi laid the foundation for Nepal’s biggest hydroelectric project, to be built by India’s state-run SJVN, and also announced a Rs100-crore package for the holy city of Janakpur

07 May 2018

05 May 2018

05 May 2018

27 Apr 2018

The leaders of South Korea and North Korea will now resume efforts to reunite Korean families separated by the war as they move towards continued development of inter-Korean ties and reunification

27 Apr 2018

The upward march of oil is particularly bad news for emerging economies like India – Nomura estimates that every $10 rise in oil prices would worsen India’s current account balance by 0.4 per cent of GDP and inflation by 0.1 per cent

27 Apr 2018

26 Apr 2018

The governing council has confirmed that the net asset (bond) purchases, at the current monthly pace of €30 billion, will continue until the end of September 2018, or beyond, if necessary

24 Apr 2018

24 Apr 2018

Fear of losing their privileged status in America and the world motivated many 2016 voters, notably whites, men, and Christians; data from the nationally representative panel also debunks the oft-cited idea that voters were driven by economic grievances, says  University of Pennsylvania professor Diana C. Mutz

21 Apr 2018

The hotline, which enables direct communications between North Korea’s Kim Jong-un and the South’s Moon Jae-in, is the latest step in a whirlwind of diplomacy on and around the Korean peninsula since the Winter Olympics

21 Apr 2018

There have been calls for the role to be rotated around the 53 member-states, most of which are former British territories, but in recent days the queen, the British government and other leaders have backed Charles