Oil prices edge higher on hopes for more China stimulus

Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent crude futures rose 22 cents, or 0.3%, to $73.80 a barrel by 0450 GMT. U.S. West Texas Intermediate crude […]

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Afghan Taliban forces target ‘several points’ in Pakistan in retaliation for airstrikes

Afghan Taliban forces targeted “several points” in neighbouring Pakistan, Afghanistan’s defence ministry said on Saturday, days after Pakistani aircraft carried out aerial bombardment inside Afghanistan. The statement from the Defence Ministry did not specify Pakistan but said the strikes were conducted “beyond the ‘hypothetical line’” – an expression used by Afghan authorities to refer to […]

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Bangladesh needs ‘balanced relations’ with India, China, US: Touhid Hossain

Bangladesh must maintain “balanced relations” with India, China, and the United States, as all three nations hold strategic importance for the country, Foreign Affairs Adviser Md Touhid Hossain said today (28 December). “Bangladesh holds interests in all countries, and it’s crucial for us to remember this,” he said during a national dialogue hosted by the […]

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India unlikely to extradite Hasina: Economic Times report

Bangladesh interim government’s request to India to extradite former prime minister Sheikh Hasina faces multiple hurdles, including the bilateral extradition treaty, reports Economic Times (ET). Citing people in the know, ET reported that India is unlikely to “sacrifice” one of its closest allies considering the geopolitical factors. As per the India-Bangladesh extradition treaty, requests “political […]

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China to build world’s largest dam, will affect India and Bangladesh

China has approved the construction of the world’s largest hydroelectric dam near the source of the Yamuna and Brahmaputra rivers in Tibet, China. Many people in Bangladesh and India may be affected by this project in the eastern part of the Tibetan Plateau. This dam will be built on the Yarlung Zangbo River. This river […]

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The reason behind the Indian rupee’s historic low

The Indian rupee has hit its lowest level in history. The rupee has been losing value continuously for seven consecutive trading sessions. The rupee has fallen several times against the US dollar in the current quarter. The rupee’s decline continues due to the trade deficit and capital outflows abroad. On Thursday (December 26), the value […]

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Singapore leads Hong Kong in race to be crypto hub

Singapore has overtaken Hong Kong in 2024 as a leading digital-assets hub, while its rival financial center struggles to gain momentum. In 2024, Singapore issued 13 cryptocurrency licenses—more than double the number granted in 2023. Recipients included top exchanges like OKX and Upbit, along with global players such as Anchorage, BitGo, and GSR, according to […]

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Financing agreement signed for “White Gold” national program in Mongolia

The Ministry of Food, Agriculture, and Light Industry of Mongolia and 10 commercial banks of Mongolia have signed a Financing Agreement for the Working Capital and Investment Loans to Support Wool, Cashmere, and Leather Processing Industry. The Signing Ceremony was attended by Minister of Food, Agriculture and Light of Mongolia Industry Enkhbayar Jadamba, Governor of […]

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Kazakhstan and Afghanistan Aim to Triple Trade Volume to $3 Billion

Nooruddin Azizi, acting minister of industry and commerce, announced at a government media center event that an agreement has been reached to increase the trade volume between Afghanistan and Kazakhstan to $3 billion. Azizi, explaining the outcomes of the Islamic Emirate and Kazakhstan delegations’ visits, stated that the current trade volume between Afghanistan and Kazakhstan […]

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Pakistani PM Reiterates Claims of TTP Activity in Afghanistan

Pakistan’s Prime Minister has once again claimed that Tehreek-e-Taliban Pakistan (TTP) is active in Afghanistan and has urged the Islamic Emirate to adopt a clear policy on the matter. Shehbaz Sharif said that while Pakistan seeks improved relations with Afghanistan, it finds the alleged activities of TTP in Afghanistan unacceptable. The prime minister of Pakistan […]

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