News
Govt can’t provide jobs to 240m people: Finance minister
2+ hour, 47+ min ago (413+ words) ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb said the government alone cannot provide jobs to Pakistan's 240 million people, stressing the need for private sector growth and economic reforms. He was addressing the Pakistan Economic Growth Conference at the Federation of Pakistan…...
Afghanistan: Farah residents report deepening economic hardship
1+ week, 4+ day ago (254+ words) FARAH (Amu tv): Shopkeepers and residents in Bala Buluk district in the western province of Farah say economic conditions have sharply deteriorated, with falling purchasing power and a lack of job opportunities leaving many struggling to meet basic needs. Several…...
India to borrow record 17.2 trillion rupees in fiscal year 2027
1+ week, 5+ day ago (398+ words) MUMBAI (Reuters) : India's federal government will borrow a record 17.2 trillion rupees ($187.6 billion) in fiscal year 202627, with the bond supply higher than most market estimates, the annual budget showed on Sunday. Finance Minister Nirmala Sitharaman announced a budget that makes a…...
Gold hits record near $5,600 as Trump ramps up Iran threats
2+ week, 1+ day ago (765+ words) HONG KONG (AFP): Gold prices'soared to a fresh record near $5,600 Thursday, while oil rallied after U.S. President Donald Trump ramped up geopolitical tensions with his threatened military strike on Iran. The surge in safe-haven precious metals also saw silver hit another…...
Iran’s currency drops to record low against dollar, tracking websites say
2+ week, 3+ day ago (270+ words) DUBAI (Reuters): Iran's "currency dropped to a record low of 1,500,000 rials to the US dollar on Tuesday, according to Iranian currency tracking websites, weeks after protests sparked by the rial's dwindling value rocked the country. The rial has lost about…...
Gold seen running further after topping $5,000 for 1st time
2+ week, 5+ day ago (783+ words) (Reuters): With spot gold prices clearing another milestone by hitting a record high above $5,000 per ounce on Monday, analysts expect the run could extend further toward $6,000 this year, "on mounting global tensions as well as strong central bank and retail…...
At Davos, economic leaders say growth resilient despite Trump disruption
3+ week, 21+ hour ago (946+ words) DAVOS: Leading global economic policymakers at the World Economic Forum (WEF) in Davos urged countries and businesses to filter out the turmoil from a week of clashes with the Trump administration and focus on boosting growth and fighting inequality in…...
UK inflation rises for first time in five months to 3.4% in December
3+ week, 2+ day ago (710+ words) LONDON: Inflation in the UK rose for the first time in five months to 3.4% in December, pushed up by higher air fares and tobacco prices. The Office for National Statistics (ONS) said the annual inflation rate increased from 3.2% in November…...
Stocks, dollar slip, safe havens hit new peaks on US-EU trade fears
3+ week, 5+ day ago (782+ words) HONG KONG (AFP): Gold and silver rose to new highs on Monday, while most equity markets fell after U.S. President Donald Trump revived trade war fears by threatening several European nations with tariffs over their opposition to Washington taking over Denmark's…...
China’s economy grew 5% last year, among slowest in decades
3+ week, 5+ day ago (732+ words) BEIJING (Reuters) : China's economy expanded 5 per cent for the whole of 2025, meeting the government's annual growth target, official data showed on Monday (Jan 19). This is one of its slowest rates of growth in decades as it struggles with persistently low…...