ASX climbed higher on improving commodity prices, with Fortescue outperforming among the top 200 stocks. The Australian stock market surged higher, iron ore inventories soared after soaring prices for steel raw materials, as well as base metals and petroleum. The benchmark S & P / ASX200 rose 0.78% to 7,410.6, while the All Ordinaries index …

Setting limits on interest rates can have unintended negative consequences for borrowers. Sir Isaac Newton postulated that for every action there is an equal and opposite reaction. While this principle is a fundamental concept in physics, it also applies very well to the ongoing debate in Capitol Hill over federal interest rate caps on consumer …

By Haroon Sharif * introduction As the momentum of global economic gravity continues to shift to East Asia, the contours of a new economic and political geography in South Asia are also becoming visible with improved connectivity between West China, the Pakistan and Central Asia. Led by the Chinese Belt and Road Initiative (BRI), this …

In an article published last week by the Federal Reserve Bank of Minneapolis, “Even with severe droughts and supply chain problems, farms remain financially healthy“A year after the start of a fragile recovery in agriculture, driven as much by government support as by market conditions, a widespread and severe drought could be a major setback. …

Author: Tom Westland, ANU According to the official reading, during their virtual summit this week, US President Joe Biden and Chinese President Xi Jinping discussed “managing competition responsibly”. For Biden, the talks provided an opportunity to put pressure on Xi over China’s actions in Hong Kong and its assertive position in the Taiwan Strait, as …

By Imesh Ranasinghe The Central Bank of Sri Lanka (CBSL) recorded negative net foreign assets of $ 780 million in September 2021. Following this, in October, a six-month roadmap for CBSL was presented by new Governor Ajith. Nivard Cabraal, where several proposals have been put forward to resolve the country’s debt and currency problem. These …

Bank mergers and acquisitions activity is on the rise in Central and Eastern Europe (EEC). The value of transactions increased by 46% in 2020 compared to 2019, to € 4.3 billions. And until 2021, so far large-scale transactions, including the acquisition by Italian Intesa Sanpaolo of small rival UBI Banca and the CaixaBank-Bankia merger in …

Actions of Targa Resources Corp. TRGP has shown no significant changes since the release of third quarter 2021 results on November 4. Despite the increase in TRGP’s Adjusted EBITDA forecast for 2021 due to excellent business performance and its plan to maximize returns on capital for its shareholders by increasing dividends and share buybacks, the …

Montana’s pulse growers look to the weeks ahead, hoping that a new round of negotiations will remove trade barriers that have nearly halved the value of their crops. Earlier this week, Montana Senator Steve Daines reviewed his efforts during a trade mission to India, to encourage that country to reduce its tariffs on the importation …

Ferdinand Bondoy (far right), Regional Integration and Managing Director of Comco South East Asia, poses with graduates of the Camp Comco mentoring program. CONTRIBUTED PHOTO A public relations (PR) academic and thought-leader in the field of communications, Ferdinand Bondoy, an award-winning public relations and regional integration practitioner at Comco South East Asia and Managing Director, …