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Economy
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Who is Sheikh Hasina? ‘Iron Lady’ of Bangladesh was the world’s longest-serving female head of state, the daughter of the country’s murdered founder – and used mass arrests and extrajudicial killings to cement her 15-year rule
Bangladesh has been all but torn apart over the past few weeks by a vicious crackdown on civil unrest by the country's government. Protests spearheaded by students, which began in early July following the country's Supreme Court's decision to reinstate mandatory quotas for government jobs to go to the descendants of freedom fighters who helped
Nikkei sees worst day since 1987 with Japan stocks in bear market; South Korea’s Kospi halts trading
Japan stocks confirmed a bear market on Monday as Asia-Pacific markets continued the sell-off from last week, with the Nikkei 225 and Topix dropping over 12%. The benchmark indexes have fallen more than 20% from their all-time highs on July 11. The 12.4% loss on the Nikkei — which saw it close at 31,458.42 — was the
Tokyo stock crash nightmare: Nikkei 225 index sees largest drop IN HISTORY due to fears of a US recession
Tokyo's stock market nosedived more than 12 per cent this morning in the latest bout of sell-offs to shake world markets as investors fret over the state of the US economy. The benchmark Nikkei 225 index suffered its largest points drop in history, plunging 12.40%, or 4,451.28 points, to 31,458.42 as the broader Topix index
Fears US is heading for recession triggers global stock market plunge with Japan’s Nikkei experiencing worst sell-off since ‘Black Monday’
Stock markets around the globe have continued to plunge on Monday amid fears the US economy may be on track for a recession as Japan suffered its worst sell-off since 'Black Monday' in 1987. Experts at investment bank Goldman Sachs said they now believed there was a staggering 25 per cent chance of a recession in
Asian Stocks Routed And U.S. Futures Slump Amid Reignited Fears Of Economic Slowdown
Forbes Business Breaking Asian Stocks Routed And U.S. Futures Slump Amid Reignited Fears Of Economic Slowdown Siladitya Ray Forbes Staff Siladitya Ray is a New Delhi-based Forbes news team reporter. Following Aug 5, 2024, 03:04am EDT Updated Aug 5, 2024, 04:19am EDT Share to Facebook Share to Twitter Share to Linkedin Topline Stock markets across
Those leaving Lebanon hold their families extra tight as they say goodbye
Beirut, Lebanon CNN — When our plane finally took off from Beirut, it was nearly an hour late. The mood in the sold-out cabin was grim. Like many of the passengers, my family and I had been on vacation in Lebanon last week, trying to enjoy a long-awaited reunion with my in-laws. Instead, we watched
Top economist issues dire warning about the US economy as he tears into the Fed for huge ‘policy blunder’ that could send country spiraling into RECESSION: ‘I really do worry’
A leading economist has issued a dire warning about the US economy - tearing into the Federal Reserve for a 'policy blunder' that could send the country into recession. Mohamed El-Erian, the chief economic advisor at Allianz, said on Sunday he fears the economy may be spiraling following a dismal unemployment report last week. He places
Can 24-hour drinking zones transform a city?
Can 24-hour drinking zones transform a city? Catrine Daoust Bars and clubs in Montreal must currently close by 3am When Frank Sinatra sang about “a city that never sleeps”, he probably wasn’t thinking about the economic boost that busy nightlife can provide to a metropolis. Yet a growing number of cities around the world are
Japan’s Nikkei index touches bear market territory as global stock rout intensifies
Hong Kong CNN — Japan’s stock market plunged further on Monday as a global sell-off intensified following weak US jobs data. The Nikkei 225 fell as much as 7.1% in early trade, pushing its losses to 21% since early July. The index is poised to enter bear market territory, which is defined as a 20%
PETER VAN ONSELEN: Redbridge poll shift shows signs of a political earthquake blowing up one of the most enduring truths of Aussie politics – that Victoria is a Labor state
Once described as the jewel in the crown of the Liberal Party, the state of Victoria has long been an electoral wasteland for the right-of-centre major party. But that might be changing. It's only one poll, but after nearly a decade in power the Labor government's primary vote has plummeted according to Redbridge independent polling.