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Bank Failures Bring FDIC to the Rescue

Washington – They are perhaps the two most feared words for regulators of the financial industry: Bank run. And that is what happened last week when depositors,...

Market exchange rates in China — March 15

BEIJING, March 15 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on...

Asia Album: Bangladesh’s largest slum engulfed by massive fire

© Provided by Xinhua DHAKA, March 15 (Xinhua) — A massive fire tore through one of the largest slums on Monday night in the Bangladeshi capital Dhaka, destroying...

Nepal’s PM expects growing trade cooperation with China

© Provided by Xinhua China’s economic progress would open up wider avenue of opportunity for Nepal, and relevant export and investment would help Nepal grow and...

Two policemen killed, 4 others injured in attacks on census teams in Pakistan

Islamabad [Pakistan], March 15 (ANI): At least two policemen were killed and four others sustained injuries in attacks which Pakistani forces called “militant...

“My arrest part of London plan”: Imran Khan

Islamabad [Pakistan], March 15 (ANI): Pakistan’s former Prime Minister and Pakistan Tehreek-e-Insaf chairman Imran Khan accused the federal government of planning...

Delay in IMF deal may cause Pakistan to pause repayments, US bank warns

Islamabad [Pakistan], March 15 (ANI): A United States bank warned Pakistan that it will need to pause debt repayments if it does not secure funding from the...

China opens to Foreigners, COVID-19 Visa Restrictions are Lifted

China will reopen its borders to foreign tourists for the first time since the start of the COVID-19 pandemic, allowing all categories of visas to be issued from...

Taliban Counterterrorism Commitments Face Growing Doubts

Despite conspicuous differences with the United States over many issues, Russia, China and Iran appear to share Washington’s concerns about terrorism threats from...

India, Bangladesh first cross-border oil pipeline is real manifestation of friendship: Deputy High Commissioner

New Delhi [India], March 15 (ANI): India and Bangladesh’s first cross-border oil pipeline is the real manifestation of the wonderful friendship that these two...