International Financial News

State Duma lawmakers have signed off on a bill that will let Russian firms and their partners use the digital ruble and “digital assets” in international settlements.

China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed in a response to Reuters on Thursday. The $2 billion loan was due in March and has been extended for one year, Geo News which first reported the news said, citing sources in the Pakistan finance ministry. Beijing had communicated the decision to Islamabad, it added.

New Delhi stating that the nation that has institutionalized the systemic persecution of its minorities and has a truly abysmal human rights record has no right to comment on India. Speaking at the high-level segment of the 55th Regular Session of the UN Human Rights Council, First Secretary Anupama Singh on Wednesday said it is regrettable that the Council's forum has once again been abused to propagate flagrantly false accusations about India.

Sri Lanka’s bustling Colombo airport is busier than it has been in the past few years. Last year, the country welcomed 1.5 million tourists, a fifth of them from India. Long-stay Russians number 300,000 and have transformed some of the country’s southern resort towns, not always for the better.

It seems that over the past decade or so, a whole host of stocks and sectors have been written off by investors. Newspapers, linear television, thermal power, anything related to the internal combustion engine, offline travel agents—the list is long. However, in the real world, many of them are still ubiquitous.

Congress MLAs for staying away from assembly during the passing of the financial bill on Wednesday, Himachal CM Sukhvinder Singh Sukhu and Congress leadership were on Wednesday battling to save the CM's chair and the state government, a fallout of the clinical internal ambush of the party's Rajya Sabha candidate. This, even as state minister Vikramaditya Singh, son of the late Virbhadra Singh, resigned — who later clarified that he wasn't pressing for it — by raising a banner of revolt against the leadership of Sukhu, who had stood up to Vikramaditya's late father, a six-term CM, during his heydays. CM Sukhu ruled out resignation and opted to fight it out in a full-fledged power-struggle against BJP in the backdrop of delicate number games, check-mating moves and prospective legal wrangle.

By David Lawder

In this article

U.S. airfares are, on average, 15% lower now than they were a decade ago, and 6% lower than this time last year

UConn forward Aaliyah Edwards signed a big name, image and likeness contract this week with Adidas Canada, but wasn’t allowed to speak with reporters about it for fear that promoting the deal might jeopardize her student visa

South Sudan’s government is blaming the country’s economic crisis in part on fighting in neighboring Sudan and the instability in the Red Sea, where Yemen's Houthi rebels have been attacking international shipping

As Hong Kong moves toward enacting a new national security law, more than three years after Beijing imposed a similar law that all but wiped out dissent and vocal pro-democracy media in the semi-autonomous Chinese city, concerns are spreading among the...

Pilots lined up on a runway in Dubai and fired up their seven jet engines with an ear-splitting roar

The trio will replace the pair following an internal review of the portfolio management team and its investment process held by the trust's board and JP Morgan Asset Management (JPMAM). Analysts at Winterflood revealed the board confirmed the decision to replace the manager duo was made due to relative performance issues. Conte has managed the trust since 1998 and has spent more than 26 years at JPMAM. He joined from Schroder Securities, where he was a lead analyst within the Italian equities team. Greaves has been at JPMAM since 2011 and was appointed co-manager of the trust in 20...

Local activists and international environmental groups want Nigeria’s government to delay approving the $2.4 billion sale of oil company Shell’s onshore assets

A small drone has flown inside one of the damaged reactors at Japan's Fukushima Daiichi nuclear power plant in hopes it can examine some of the molten fuel debris in areas where earlier robots failed to reach

Sebi) on Wednesday issued confirmatory orders against Brightcom Group, restraining promoter-cum-chairman and managing director Suresh Kumar Reddy from holding any directorial positions until further notice. The company is also barred from dealing with the securities market until further orders.

By Ananya Mariam Rajesh

(Updated — February 28, 2024 6:23 AM EST)

India's super rich have allocated 32 per cent of their wealth in residential properties in the country and overseas, Knight Frank said in a report on Wednesday. As per real estate consultant Knight Frank's The Wealth Report 2024, 32 per cent of India's Ultra-High-Net-Worth Individuals' (UHNWIs) wealth is allocated towards residential real estate asset class. Nearly 14 per cent of their residential portfolio is allocated outside India. UHNWIs are individuals with a net worth of USD 30 million and above.

Global equity funds are those that invest in the stocks of foreign companies. These overseas funds could be the country funds that invest in the economy of a specific country like the US or the regional funds that invest in companies from a specific geographical region anywhere in the world. Furthermore, these funds can take the form of global sector funds, which invest in companies worldwide within a specific sector, or sector-agnostic funds, which offer geographical diversification by investing across various sectors. Top global funds are those that deliver higher returns within the international funds category. Here are the top global funds.