Friday, February 7, 2014
The Bank of England voted Thursday to keep its main interest rate at a record-low level of 0.50 percent, where it has now stood for nearly five years.
Friday, January 31, 2014
The governor of Pakistan's central bank has resigned, finance ministry officials said Friday, on the eve of an International Monetary Fund review into a $6.7 billion bailout loan.
Thursday, January 30, 2014
The Turkish lira rallied on Wednesday after the central bank ramped up interest rates, defying the government and staging a pre-emptive move in case U.S. authorities tighten monetary policy.
Monday, January 20, 2014
Pakistan last year announced measures to boost the hybrid car market, hoping they might help wean the country off its costly addiction to imported fuels, but seven months on the plan looks to have stalled.
Monday, December 2, 2013
Major carmakers and parts suppliers showed up in Tehran on Saturday to assess the Iranian market's “considerable potential,” just one week after Iran's historic nuclear agreement with world powers.
Tuesday, November 26, 2013
Climb Mount Kilimanjaro, Africa's highest peak, and you might spot an unusual banner: A flag placed by six climbers emblazoned with the logo of Dubai's bid to host a World's fair in 2020.
Wednesday, October 9, 2013
The Palestinian economy could expand by over a third if Israel were to lift its restrictions on about 60 percent of the West Bank that it controls, the World Bank said in a report published Tuesday.
Thursday, August 29, 2013
The Turkish lira fell further against the dollar on Wednesday, despite assurances by the central bank and amid tension over Syria.
Tuesday, August 27, 2013
Iraq's oil ministry, struggling with sputtering output, has blamed Anglo-Dutch energy giant Shell over US$4.6 billion in lost revenue due to production delays, in a letter seen by AFP Monday.
Argentina will continue repaying its debt on the same terms, the country's economy minister said Sunday after Buenos Aires lost an appeal in a U.S. court in its case against unhappy creditors.