Topic
Economy
Richest Asian Gautam Adani Battered in Stock Market Rout
By Krutika Pathi
U.S.-based Hindenburg Research accused the billionaire businessman, who is said to have close ties to India’s prime minister, of "pulling the largest con in corporate history.”
Cambodia’s Turn to Raise Eyebrows Over Infrastructure Projects
By Luke Hunt
Up to $30 billion in financing is potentially on the table – most of it from China.
Source: Dutch, Japanese Join US Limits on Chip Tech to China
By Dee-Ann Durbin and Aamer Madhani
The deal hasn't yet been formally announced, but a source told the AP that the U.S., Japan, and the Netherlands have come to an agreement.
Kazakhstan’s Uranium Industry and the Middle Corridor Come Together
By Wilder Alejandro Sánchez
Astana is betting heavily on the Middle Corridor as a route to access the international energy market without Russia.
India’s Adani Mulls Suing US Short-seller as Shares Sink up to 20%
By Ashok Sharma and Krutika Pathi
A U.S. short-selling firm published a damning report airing concerns about the group's debt levels, activities of its top executives, use of offshore shell companies, and past investigations into fraud.
Iran-Pakistan Border Trade: Flourishing Against the Odds
By Mariyam Suleman Anees
Much of the trade, especially of oil and LPG, is illicit but crucial for both the regional economy and the livelihood of families living along the border.
Opium Cultivation Jumps in Myanmar Amid Post-Coup Crisis, UN Says
By Sebastian Strangio
As the formal economy has atrophied, black markets and illicit trades have expanded their reach.
Diversification Isn’t Enough to Cure Europe’s Economic Dependence on China
By Francesca Ghiretti and Hanns W. Maull
In wrestling with its economic vulnerability to China, the EU is betting on diversification to solve its problems. It’s not the panacea it is made out to be.
The Af-Pak Dollar Cartel
By Kunwar Khuldune Shahid
The black market flow of U.S. dollars across the Afghanistan-Pakistan border is unifying the two countries' economic crises.
Sri Lanka Says Debt-restructuring Talks Making Progress
By Bharatha Mallawarachi
India has already given the necessary assurances to the IMF. Other bilateral creditors, including China, have not yet but Sri Lanka says there’s progress in the ongoing discussions.
North Korea Mines New Revenue Sources in Its Trade With China
By Troy Stangarone
The latest data shows Pyongyang is continuing to adapt to U.N. sanctions, while trade is beginning to rebound from pandemic lows.
India Eyes Sri Lanka’s Renewable Energy Sector
By Rathindra Kuruwita
The island does not have an energy policy and deals, which are often done secretly, are controversial.