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SBP says it has recieved $1.3bn tranche from IMF
The State Bank of Pakistan (SBP) said on Wednesday that it had recieved $1.3 billion from the International Monetary Fund (IMF). “The IMF Executive Board completed the third review under the Extended Fund Facility (EFF) in its meeting held on May 8 and approved the disbursement of SDR 760 million for Pakistan. Furthermore, the IMF Executive Board has also approved the disbursement of the second tranche of SDR 154 million under the Resilience and Sustainability Facility (RSF),” the central bank s...
Is Iran dumping oil in the ocean due to storage shortage? Why it's worrying
Is Iran dumping oil in the ocean due to storage shortage Why its worrying
China’s Profit Outlook to Improve Further, Morgan Stanley Says
Chinese companies’ second‑quarter profit outlook is set to improve after encouraging first‑quarter results, with rising exports and early signs of reflation boosting revenues, according to Morgan Stanley.
Pettis on China's Growth Woes, Global Trade Imbalances
Carnegie Endowment for International Peace Senior Fellow Michael Pettis discusses his outlook for the summit between Chinese President Xi Jinping and US President Donald Trump. He also offers insights on the challenges of rebalancing trade. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
Markets on Edge as Trump-Xi Talks Loom | The Asia Trade 5/13/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Beijing and Tokyo with Haidi Stroud-Watts and Shery Ahn, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Asian stocks today: Markets mixed as oil prices, inflation worries weigh on sentiment
Asian markets showed mixed trading as AI stock momentum waned, oil prices stayed high, and inflation worries persisted. Japan's Nikkei saw a slight gain, while South Korea's Kospi recovered some losses. Concerns over stalled US-Iran talks and hotter US inflation data contributed to investor caution across the region.
India raises gold, silver import duty from 6 percent to 15 per cent to support Rupee
India has raised import tariffs on gold and silver to 15% from 6%, Bloomberg reported on Wednesday, citing government orders, as authorities move to curb overseas purchases and ease pressure on the country’s foreign exchange reserves.The higher duties could dampen demand in the world’s second-largest consumer of precious metals, although they may help narrow India’s trade deficit and support the rupee, one of Asia’s weakest-performing currencies.Get updated faster and for FREE: Download the Gulf...
Japan crisp packs to go colourless due to Iran war crunch
TOKYO: Japan’s leading potato chip maker is feeling the crunch from shortages linked to the Iran war, swapping its signature orange-and-yellow packets for black and white. A household name in Japan, Calbee is known for its savoury potato chips with an array of flavours from seaweed salt to soy sauce and butter. The company said Tuesday it will “revise the packaging specifications” and use just “two colours” in packaging for 14 product lines beginning later this month or in June. It did not say w...
Sensex opens 100 points higher, Nifty above 23,400; Asian Paints up 4%
Sensex opens points higher Nifty above Asian Paints up
Gold jumps Rs 9,206, silver surges Rs 16,743 after import duty hike
Gold jumps Rs silver surges Rs after import duty hike
Australian Productivity Chair on Federal Budget
Danielle Wood, Australian Productivity Commission Chair, discusses her thoughts on the national budget and its implications for boosting productivity in Australia. She speaks with Bloomberg's Paul Allen in Canberra on "Bloomberg: The Asia Trade". (Source: Bloomberg)
From surviving the pandemic to navigating tensions: How Dubai-based expat builds businesses that give back
Dubai: As regional tensions this year continue to create uncertainty for businesses across the UAE, many companies have been forced to focus on rising costs, operational disruptions, and staff concerns.But for Dubai-based Filipina entrepreneur Lourds Adalia-Evertse, the difficult period has become another reminder that businesses can play a bigger role beyond profit.While navigating challenges of the current situation, Evertse has organised free meals for frontline workers including delivery rid...
Gold Import Duty Hike: PM मोदी बोले- 'मत खरीदें सोना', अब सरकार ने बढ़ाई इंपोर्ट ड्यूटी, जानिए इसके नफा-नुकसान
Gold Import Duty Hike PM
A Zara dress, the Jim Reaper and a communist state: how Australia’s media interpreted the budget
The Murdoch papers sharpened their sickles and hammered Jim Chalmers’ budget for ‘the most radical redistribution of wealth since the Whitlam era’Follow our Australia news live blog for latest updatesSign up for Guardian Australia’s free weekly media newsletter hereThe voters of New South Wales woke up in a communist state on Wednesday – at least according to the Daily Telegraph, which claimed that “Lying Jim” Chalmers was cackling like the devil as he gouged them with big taxes in the federal b...
Top shares to buy: Stock recommendations for today - check list
Stock market recommendations: Mehul Kothari, DVP - Technical Research at Anand Rathi Shares has chosen Narayana Hrudayalaya, Coal India, and Hyundai Motor India as the top stocks for buying today, May 13, 2026:
Air India cuts flights to major global destinations as fuel costs surge
Air India cuts flights to major global destinations as fuel costs surge
China’s Eve Energy Signs Battery Deal With India’s Godawari
China’s Eve Energy Co. agreed to supply India’s Godawari New Energy Private Ltd. with large-scale batteries, as a rapid renewable power expansion drives demand for energy storage in the South Asian nation.
Coalition vows to repeal Labor’s ‘toxic’ negative gearing and capital gains tax budget reforms
Opposition leader Angus Taylor and shadow treasurer Tim Wilson say future Coalition government would reinstate generous rules for property investorsThe Coalition has vowed to repeal Labor’s proposed changes to negative gearing and capital gains tax in they win power, setting up a major fight ahead of the next election over key tax reform measures from the budget.The shadow treasurer, Tim Wilson, and the opposition leader, Angus Taylor, said a future Coalition government would reinstate more gene...
Iran war costs soar past $29bn as truce teeters
• Before taking off on long-awaited China trip, Trump vows to ‘win peacefully or otherwise’• Tehran expands Hormuz control as EU mulls post-war naval mission• Wall Street Journal claims UAE launched strikes on Iranian energy facility last month• Pakistan pushes China, Azerbaijan on ME peace; earns praise from US president for being ‘absolutely great’ mediator WASHINGTON: As prospects for peace in the Middle East diminished due to the rigid stances adopted by the US and Iran, the Pentagon on Tues...
India’s Diesel Crunch Leaves Truckers Stranded in Roadside Lines
At a service station outside Nagpur, in the geographic heart of India, nearly 30 trucks are lined up along either side of the highway, carrying everything from garments to packed snacks to Amazon packages and even railway equipment.