RIYADH: Saudi Arabia has reached the final implementation stage of launching a metals exchange after completing the feasibility study phase, the deputy minister of energy, industry and mineral resources revealed. In an interview with Asharq Bloomberg, Khalid Al-Mudaifer explained that the exchange aims to support the mining sector by providing financing tools, improving price stability, […]
Read MoreNEW DELHI: When Ramesh Chandra Biswal left his job as a space scientist in the US, he returned to eastern India and ran an agriculture startup on a promise of his country’s rapid economic growth. Nine years on, as India positions itself as the world’s fourth largest economy, he is still waiting for the promise […]
Read MoreBy Mia Nurmamat After US air strikes hit Caracas on Saturday, Venezuelan leader Nicolas Maduro and his wife were detained and transferred to the United States. US President Donald Trump later said his country planned to “run” Venezuela for the time being and take control of its oil reserves. In the wake of the military […]
Read MoreIndia’s transparency watchdog has upheld a decision not to disclose exporter-wise details of limestone shipments to Bangladesh from the northeastern state of Meghalaya, ruling that the information is protected under the commercial confidence provisions of the Right to Information (RTI) Act. The Central Information Commission (CIC) said there was no overriding public interest in making […]
Read MoreBangladesh Bank purchased $187.5 million from commercial banks today (4 January) at a rate of Tk122.30 per dollar as part of its ongoing efforts to keep the exchange rate stable. With the latest purchase, the central bank has bought a total of $3.32 billion so far in the current fiscal year. Market insiders said the […]
Read MoreBy Sadokat Jalolova Kazakhstan-based venture capital firm MOST Ventures has acquired a stake in Uzbekistan’s Bito, marking a significant cross-border investment in Central Asia’s growing tech ecosystem. The deal, completed in Tashkent on December 25 as part of a Bridge funding round, values the B2B software company at $10 million, a milestone that reflects rising […]
Read MoreBy Anton Chipegin The Kyrgyz government has reported strong economic performance in 2025, highlighting robust GDP growth and strengthened public finances. At a year-end meeting, Chairman of the Cabinet of Ministers Adylbek Kasymaliev announced that all state objectives had been met despite challenging conditions. According to Kasymaliev, gross domestic product is expected to grow by […]
Read MoreAgence France-Presse India has overtaken Japan as the world’s fourth-largest economy – and officials hope to pass Germany within three years, the government’s end-of-year economic review calculates. Official confirmation however depends on data due in 2026 when final annual gross domestic product figures are released, with the International Monetary Fund (IMF) suggesting India will cross […]
Read MoreBy Ji Siqi in Beijing and Kandy Wong in Hong Kong In an effort to offer an alternative amid the global rise of stablecoins – cryptocurrencies pegged to a reference asset, such as a fiat currency – China’s central bank is poised to upgrade its digital yuan from a cash equivalent to “digital deposit money”. […]
Read MoreBy Stephen M. Bland For much of the post-Soviet era, Central Asia occupied a peripheral place in global affairs. It mattered to its immediate neighbors, but rarely shaped wider debates. In 2025, that changed in visible ways. The region became harder to ignore, largely not because of ideology or alignments, but because of assets that […]
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