Economy

News Hour: India is the second most unequal country in the world with the top one per cent of the population owning nearly 60 per cent of the total wealth, according to a report. According to...

News Hour: Iraq has to up its crude output because dwindling oil prices and the fight against Islamic State have left “a huge hole” in the economy, Foreign Minister Ibrahim al-Jaafari said on Tuesday, as the...

News Hour: Bangladesh-Myanmar Business Promotion Council (BMBPC) organized a reception at a City Hotel on last Thursday in honor of visiting Myanmar delegation led by H.E. Mr. Toe Aung Myint, Permanent Secretary, ministry of Commerce of...

News Hour: Indian bank shares took a hammering on Friday as customers struggled to get their hands on new notes three days after the government’s shock decision to withdraw high-denomination bills from circulation. Snake-like queues formed...

News Hour: Indian Prime Minister Narendra Modi announced on Tuesday that 500 and 1,000 rupee notes would be withdrawn from circulation from midnight in a bid to tackle corruption, reports BSS. “To break the grip of...

News Hour: Ten global oil and gas companies on Friday announced they will invest $1 billion (900 million euros) in low-carbon-emission technologies to help combat climate change. BG Group, BP, Eni, Pemex, Repsol, Saudi Aramco, Reliance...

News Hour: Tokyo stocks opened lower on Monday, driven down by fresh concerns over US presidential candidate Hillary Clinton’s emails just over a week ahead of the election. Global markets face increased levels of uncertainty ahead...

News Hour: The European Union and Canada signed a historic free trade agreement on Sunday that is promised to generate jobs and economic growth on both sides of the Atlantic. Critics, however, denounced the deal as...

News Hour: OPEC officials held talks with Russia and other non-cartel members on Saturday in Vienna to debate how to implement a plan aimed at cutting oil output to reduce a global supply glut and bolster...

News Hour: As voters consider soda taxes in four U.S. cities, a new study finds that low-income Berkeley neighborhoods slashed sugar-sweetened beverage consumption by more than one-fifth after the Northern California city enacted the nation’s first...