A bond fund manager who correctly predicted that India’s central bank would introduce a US Federal Reserve style Operation Twist, now says that the nation needs more foreign capital to fund its record borrowing.
India needs foreign capital to fund record borrowing, IDFC says
Iranian authorities said the first section of a major road project meant to ease traffic between the capital Tehran and northern parts of the country is set to open next month.
Iran set to open first section of Tehran-Shomal Freeway in February
Iran has become the first member state of the Organization of the Petroleum Exporting Countries (OPEC) that can produce and export sophisticated catalysts used in oil and gas processing.
Iran first OPEC nation to produce, export oil processing catalysts
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati highlighted the country’s success in increasing its foreign exchange reserves and said they are at an unprecedented level in the past decade.
Iran’s forex reserves level unprecedented: CBI
Iran and Kuwait can boost annual trade transactions with each other to $2 billion, from the current figure of $250 million, by setting out a five-year vision, said an Iranian official.
Official: Trade between Iran, Kuwait can reach $2b in five years
Representatives of about 80 Iranian companies held a meeting with their counterparts at a conference in Istanbul on Wednesday as part of a new push by Iran and Turkey to enhance their economic relations.
Iran, Turkey traders meet to step up ties amid US sanctions
The South Korean economy expanded at the slowest pace in a decade in 2019, largely weighed down by an extended slump in outbound shipments amid a lengthy trade row between the United States and China, the central bank said Wednesday.
Korea's 2019 growth slowest in decade
Two different air bag glitches have forced Toyota and Honda to recall over six million vehicles worldwide, and both problems present different dangers to motorists.
Air bag woes force Honda, Toyota to recall over six million vehicles
Malaysia is unlikely to suffer any loss in its palm oil business from China, despite Beijing pledging to boost soybean purchases from the US amid the trade war, according to the Southeast Asian nation’s trade chief.
China will keep buying our palm oil, Malaysia’s trade chief says
Storm clouds are gathering over the US dollar, threatening a two-year rally in the currency that has squeezed corporate profits and angered US President Donald Trump.
'Death Cross,' growth abroad threaten US dollar

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