Category: Economy

Jun 3

Pakistan would not default on any sovereign commitments: Finance Minister Dar

Debt-ridden Pakistan‘s Finance Minister Ishaq Dar on Saturday said that his country would not default on any sovereign commitments and overcome the current economic problems through long-term reforms.Speaking to a delegation of the Karachi Chamber of Commerce and Industry (KCCI), which called on him here ahead of the finalisation of budget 2023-24, Dar also said […]
Jun 3

Bank of Canada still has time to pause interest rates: Dawn Desjardins

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
Jun 3

Canada’s GDP blowout and the end of the U.S. debt ceiling crisis. Here are the week’s top 7 stories

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
May 31

Total Canadian debt hit new record in first quarter: TransUnion

Article content TORONTO — Canadians’ combined outstanding debt hit a new record in the first quarter, reaching $2.32 trillion, TransUnion said Wednesday. Article content As the cost of living rose with high inflation and interest rate hikes, many Canadians turned to credit to alleviate financial pressures, the credit reporting agency said in its latest industry […]
May 30

ICT import duty case: Japan urges India to rescind decision of appeal in WTO’s appellate body

Japan on Tuesday expressed disappointment over India’s decision to appeal against a ruling of the WTO trade dispute settlement panel on import duties on certain information and technology products, and has urged to withdraw it, a Geneva-based official said.On May 25, India appealed against a ruling of the World Trade Organization’s (WTO) trade dispute settlement […]
May 29

Rice exports to certain European countries exempted from mandatory inspection certificate for 6 months

India on Monday deferred the mandatory requirement of a certificate of inspection by export inspection agencies for shipping both basmati and non-basmati rice to certain European countries by six months. The Directorate General of Foreign Trade (DGFT) said that it is amending a notification dated August 17, 2022, to the extent that export of rice […]
May 28

Omar Allam: Canada has golden opportunity to capitalize on renewed Saudi Arabia ties

Breadcrumb Trail Links News Economy The risk of inaction is simply too high for Canada to ignore Saudi Arabia any longer The Kingdom Tower, left, stands alongside the King Fahd highway, illuminated by the light trails of passing traffic, in Riyadh, Saudi Arabia. Photo by Waseem Obaidi/Bloomberg Article content As global trading rules and political […]