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Pakistan bank deposits hit historic high in March 2026
BusinessMust ReadPakistan bank deposits hit historic high in March 2026By Web Desk-Apr 20, 2026 KARACHI: In a significant milestone for the country’s financial sector, bank deposits in Pakistan have surged to a new record high, reaching Rs 37,505 billion as of March 2026, ARY News reported. According to the latest data released by the State Bank of Pakistan (SBP), the banking sector witnessed a monthly growth of 2.50 percent and a substantial annual increase of 18.60 percent. The central bank’s...
How Middle East war could impact India’s trade and macro stability
NITI Aayog's report highlights the Middle East conflict's potential impact on India's trade and economy, risking the current account deficit and exchange rate. Instability also slows India-GCC FTA talks, hindering market access. Despite global uncertainty, merchandise trade remains steady, with services showing strong performance.
Cannabis CEO Calls for Reform
Ben Kovler, the Green Thumb Industries Founder and CEO joins Bloomberg Open Interest to break down why federal rescheduling of cannabis could transform the $30B industry overnight. From blocked access to capital markets to booming consumer demand, he explains how outdated regulations are slowing growth, and why change could unlock massive opportunity, especially for research and veterans. (Source: Bloomberg)
New York $3mn literature trove returned to Whitney heirs 40 years after theft
Rare books collection, including work by John Keats and Oscar Wilde, will be auctioned
Braskem Majority Stake Sale by Novonor Advances With Signed Deal
The sale of a controlling stake in Brazilian petrochemicals producer Braskem SA moved forward another step after troubled conglomerate Novonor signed an agreement to sell its shares to a fund backed by asset manager IG4 Capital.
DOJ Steps Up Scrutiny of Agriculture Markets Amid Rising Prices
As millions of Americans face an affordability crisis, the Justice Department is homing in on the agriculture industry, focusing on the rising costs faced by farmers and ranchers and soaring prices of key grocery staples like beef and eggs.
Bank of Canada Surveys Show War Hitting Inflation Expectations
The war in Iran is pushing up inflation expectations, after sentiment had been improving prior to the conflict, survey data released Monday by the Bank of Canada shows.
Pakistan scales up its New Eurobond to $750 Million After Investors Demand
BusinessPakistan scales up its New Eurobond to $750 Million After Investors DemandBy Web Desk-Apr 20, 2026ISLAMABAD: A strong investor demand has pushed Pakistan to increase its Eurobond issuance to $750 million, injecting an additional $250 million. Through this financial measure, Pakistan has expanded its return to global capital markets. Initially, the 3-year Eurobond was launched at $500 million, which gathered international investors’ attention, forcing the government to upsell the offering...
Russia’s metal consumption declines by 13.7% in 2025
The Russian Steel Association also said that a full recovery of the sector is not expected before 2027
India and South Korea set $50 billion trade target
New Delhi and Seoul have pledged to strengthen supply chains and encourage greater investment India and South Korea have set a target to nearly double bilateral trade to $50 billion by 2030. South Korean President Lee Jae Myung and Indian Prime Minister Narendra Modi pledged to boost trade between their countries from about $27 billion now, after a meeting in New Delhi on Monday. The leaders vowed to strengthen supply chains, improve market access, and encourage greater investment....
Investigating Epstein's 'Zorro Ranch' in New Mexico
Investigating Epstein's 'Zorro Ranch' in New Mexico
IMF Draws Packed Senegal Session as New Program Talks Drag
The International Monetary Fund’s mission chief for Senegal met a packed room of investors in Washington on Friday, offering fresh details on the country’s economic outlook but stopping short of signaling a breakthrough in talks on a new program.
Eurizon’s Jen Sees Chinese Yuan Rallying by Record 9% This Year
China may permit record yuan appreciation this year as it tries to boost confidence in its currency and enhance local companies’ purchasing power overseas, according to Stephen Jen, chief investment officer at Eurizon SLJ Capital.
Bank of Russia lowers dollar exchange rate to 75.24 rubles for April 21
The official euro exchange rate has been lowered to 88.3769 rubles
Fitch Sees Mozambique Restructure Its Debt Before New IMF Deal
Fitch Ratings sees the possibility of a restructuring of Mozambique’s debt likely ahead of any new deal being secured with the International Monetary Fund.
Cleveland-Cliffs ‘No Longer in a Hurry’ on POSCO Deal, CEO Says
Cleveland-Cliffs Inc.’s chief executive officer said improving US steel prices and stronger demand from the American auto industry are taking the pressure off closing a deal with South Korea’s POSCO Holdings Inc.
'A win-win for both nations!' Three-day India-US trade talks to begin this week
India and the US are resuming trade negotiations in Washington DC from April 20-22 to discuss the first phase of their bilateral trade agreement. The talks are being held under a revised framework following recent shifts in the US tariff regime, which have reduced India's previous trade advantages and necessitate recalibration of the agreement.
BNP Paribas’ Bigos: Growth Drivers vs. Volatility
Ecaterina Bigos, CIO for Core Investments Asia ex-Japan at BNP Paribas Asset Management, discussed the current market environment characterized by volatility and geopolitical uncertainty, they largely assume oil prices will stabilize between $80 and $90 by mid-summer, emphasized the 'structural advantage' seen in sectors benefiting from long-term growth drivers, particularly technology supported by AI-related capital expenditure, which has experienced notable rerating and is expected to sustain...
Russia cancels restrictions on flights to UAE, those going through Iranian airspace
Relevant experts continue to analyze the situation with civil aviation in the Middle East and, if necessary, will make adjustments to Russian airlines
Georgia buys record $12.9 mln of Russian electricity in Q1
In March, Georgia purchased this energy resource from Russia for $2.3 mln