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World's leading Website for International Development News. Breaking News, Opinions, Technology, Social development, Urban Development, Entertainment, Sports news.
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News
Gasoline Price Surge Raises Concerns Amid Political and Economic Tensions | Business
1+ week, 19+ hour ago (208+ words) Gasoline Price Surge Raises Concerns Amid Political and Economic Tensions Devdiscourse Gasoline Price Surge Raises Concerns Amid Political and Economic Tensions Amid escalating Middle East tensions, Americans face record-high gasoline prices. The average price is expected to hit $4.03 per gallon…...
From Trade to Technology: World Bank Sets Out a New Development Playbook for ASEAN Growth | Other
1+ week, 3+ day ago (440+ words) But Thailand depends heavily on imported components. Its backward GVC participation in manufacturing stands at 10.6 percent, compared with forward participation of only 3.4 percent. This means foreign inputs are important for Thai factories, while the country has more limited participation in…...
ROI-Making sense of the Trump Treasury’s odd FX intervention: McGeever
1+ mon, 1+ week ago (700+ words) The U.S. Treasury's foray into the foreign exchange market on Friday to buy Japanese yen wasn't its first FX intervention and won't be its last. But it was one of its most unusual. On Sunday, President Donald Trump's administration acknowledged it…...
European stocks notch monthly gain on earnings optimism | Business
1+ mon, 1+ week ago (294+ words) European shares closed lower on Friday, but posted monthly gains as strong corporate earnings buoyed markets helping them weather a month of Middle East hostilities and artificial intelligence-related jitters. The pan-European STOXX 600 index inched down 0.1% at 649.19 points. The index hit…...
FOREX-Dollar eases against yen as intervention risks keep traders wary
1+ mon, 1+ week ago (543+ words) Reuters | United States The dollar eased against the Japanese yen on Friday, with traders alert for a second round of intervention after Japanese authorities stepped in to prop up their currency a day earlier. The dollar slipped as much as…...
Higher oil prices could push Fed to resume rate hikes later this year: ICICI Bank report | Business
1+ mon, 1+ week ago (553+ words) Higher oil prices could push Fed to resume rate hikes later this year: ICICI Bank report Devdiscourse Higher oil prices could push Fed to resume rate hikes later this year: ICICI Bank report Rising oil prices driven by recent geopolitical…...
Dollar Holds Strength Amid Rate Hike Speculations and Oil Price Relief | Business
1+ mon, 2+ week ago (258+ words) Dollar Holds Strength Amid Rate Hike Speculations and Oil Price Relief Devdiscourse Dollar Holds Strength Amid Rate Hike Speculations and Oil Price Relief The U.S. dollar steadied near a four-week high as traders anticipated a potential Federal Reserve interest rate hike....
World Bank Unveils New Strategy to Boost Paraguay's Growth Through 2034 | Business
1+ mon, 2+ week ago (371+ words) The World Bank Group has approved a new Country Partnership Framework (CPF) that will shape its work with Paraguay from 2027 to 2034, placing a strong focus on private sector-led growth, job creation and long-term economic resilience. The framework supports Paraguay's National…...
Market Optimism Soars as US-Iran Tensions Ease
1+ mon, 2+ week ago (174+ words) Devdiscourse Market Optimism Soars as US-Iran Tensions Ease Wall Street's indexes surged at the opening on Monday with reduced US-Iran tensions, elevating risk appetite before a week filled with major earnings, economic data, and an upcoming interest rate decision. Devdiscourse…...
Rate Hike Roulette: Fed's Balancing Act Amid Oil Surge and Middle East Tensions | Business
1+ mon, 2+ week ago (261+ words) Rate Hike Roulette: Fed's Balancing Act Amid Oil Surge and Middle East Tensions Devdiscourse Rate Hike Roulette: Fed's Balancing Act Amid Oil Surge and Middle East Tensions Major brokerages are eyeing a potential Federal Reserve rate hike due to rising…...