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LONDON: British finance minister Rishi Sunak said he would not try to fix the public finances overnight, days before he presents a budget statement that is expected to include further heavy borrowing to steer the economy through the COVID-19 crisis.
NEW DELHI: India said on Monday it will temporarily withdraw duties on some steel products imposed to stop dumping mainly from China, after a spike in domestic prices hit job-creating small and mid-sized manufacturing companies.
SYDNEY: Australia’s central bank holds its cash rate at an all-time low, in a widely expected decision, and says it will help buttress the economic recovery by maintaining its accommodative approach for “as long as it is required.”
NEW DELHI: India is considering changes to its dividend distribution tax, according to people with knowledge of the matter, in a bid to goad companies to boost spending and revive foreign fund inflows.
Dubai: Most analysts following South Africa expect it to lose its final investment-grade rating. But they disagree over when that might happen and what the consequences would be
CAIRO (Bloomberg) -- Egypt is considering offers from a Blackstone Group unit and Edra Power Holdings Sdn Bhd to take over three power plants co-built by Siemens AG -- a move that could cut the North African nation’s debts while bringing in much-needed foreign investment.
LONDON: Investors will this week finally get a comprehensive read of how China’s economy is faring this year as worries mount over the outlook for the rest of the world.