Russia is hours away from its first foreign default in a century
The country tipped very near to such a moment earlier this year, but managed a last-ditch escape by switching payment methods.
Finance
The rise of Islamic banking
Islamic banking in Pakistan appears to be unstoppable — while conventional banking deposits grew an average of 13 per cent annually, Islamic banking deposits have grown by 42…
Pakistan, terrorism and elections
A deadly suicide bombing highlights Pakistan’s tenuous political and terrorism-related situation ahead of the July 25 polls. A deadly suicide bombing at a campaign rally in…
China and US reach trade agreement after earlier grandstanding
Special envoys from the US and Chinese presidents reach an agreement to halt further trade-war escalation. A delegation led by Vice-Premier Liu He, President Xi Jinping’s…