U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being “complicit” in atrocities in Russia’s invasion of Ukraine, while host India avoided mentioning the year-long war in inaugural remarks. Indian Prime Minister Narendra Modi urged the financial leaders to focus on the world’s “most vulnerable citizens”, making no direct […]
Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head Fatih Birol reiterated the agency’s call that China will push global crude demand to record highs […]
Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The yen was the best-performing Asian currency for the day, rising 0.5% to […]
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international borders, while hopes of a less hawkish rhetoric from the Federal Reserve also weighed on the dollar and supported regional units. The yuan jumped 0.7% to 6.7912 against the dollar, its strongest level since […]
HIGHLIGHTS Author Salman Rushdie was stabbed during a New York event Born in Mumbai, Rushdie studied history at the University of Cambridge Rushdie was propelled into the spotlight with his second novel “Midnight’s Children” in 1981 British Indian author Salman Rushdie is a master of magical realism who captured global attention as the target of […]
Floods and severe lockdowns in China have hampered farming to the point where the country’s winter wheat harvest, which begins next month, remains one of the biggest unknowns in a global economy already beset by high commodity prices. According to the New York Times, if the Chinese harvest is poor in the following weeks, food […]
The parliamentary majority of Sri Lanka’s ruling coalition headed by President Gotabaya Rajapaksa has come under threat with dissident lawmakers, led by former president Maithripala Sirisena, planning to break away from the government against the backdrop of nationwide protests over the country’s worst economic crisis. Sri Lanka is currently experiencing its worst economic crisis in history. With long lines for […]
The 36-hour long curfew that was imposed on Sri Lanka on Saturday evening has been lifted on Monday at 6 am but the country is still under the effect of a state of emergency. The curfew was imposed on Saturday from 6 pm by the powers vested in the President under the provisions of the Public […]
Canadian Prime Minister Justin Trudeau and his family have left their home in the country’s capital and shifted to a secret location after a large-scale protest opposing COVID vaccine mandates converged on Parliament Hill, media reports said on Saturday. What started as a protest dubbed as ‘Freedom Convoy’ against a vaccine requirement for cross-border truckers has grown […]
By Administrator_India Capital Sands The UK has again recorded more than 1,000 coronavirus deaths overnight bringing the country’s official death toll past 80,000. Another 59,937 Covid-19 cases were also reported in the past 24 hours, taking the total number of infections since the start of the pandemic past three million to 3,017,409. Health Secretary Matt Hancock […]
