Kashmir’s famous apple orchards are under attack — from a rail line | Business and Economy

Kashmir’s famous apple orchards are under attack — from a rail line | Business and Economy

Indian-administered Kashmir – Muhammad Shafi was working in his apple orchard in October last year, in Indian-administered Kashmir, when a group of men barged in and started measuring his land without asking for his approval. When he asked the men who they were and what were they doing on his…

From unfair trade to TikTok: US Treasury Secretary Yellen’s China trip | International Trade

From unfair trade to TikTok: US Treasury Secretary Yellen’s China trip | International Trade

US Treasury Secretary Janet Yellen and her team are leaving China and returning to the United States after trying to tackle the major questions of the day between the countries. Here’s a look at what she tried to accomplish, what was achieved and where things stand for the world’s two…

Biden unveils $6.6bn for Taiwan’s TSMC to ramp up US chip production | Technology

Biden unveils $6.6bn for Taiwan’s TSMC to ramp up US chip production | Technology

Taiwanese chip giant will build third facility in Arizona as part of $65bn investment in the US. The United States has pledged to give Taiwan’s chip giant TSMC up to $6.6bn to expand production at facilities it is building in the state of Arizona. The funding announced on Monday will…

Zimbabwe introduces new gold-backed currency to tackle inflation | Business and Economy News

Zimbabwe introduces new gold-backed currency to tackle inflation | Business and Economy News

Zimbabweans have 21 days to convert their old cash into new money, according to the central bank. Zimbabwe’s central bank has launched a new “structured currency” backed by gold, as it seeks to tackle sky-high inflation and stabilise the country’s long-floundering economy. The new currency – called Zim Gold (ZiG)…

At Indonesia’s biggest bank, customers’ life savings vanish with a click | Business and Economy

At Indonesia’s biggest bank, customers’ life savings vanish with a click | Business and Economy

Bali and Jakarta, Indonesia – Late last year, Balinese woman Nih Lu Putu Rustini got the shock of her life when she tried to withdraw cash from an ATM to complete a renovation project at her ancestral home. Working as a cleaner during the day and a nanny by night,…

Are Modi’s economic policies benefitting all Indians? | India Election 2024

Are Modi’s economic policies benefitting all Indians? | India Election 2024

India is the world’s fifth-largest economy. The World Bank says the nation is leading growth in South Asia. India is one of the world’s fastest-growing emerging markets. Much of the success happened in the past 10 years, under Prime Minister Narendra Modi. He’s banking on that achievement to win over…

Thailand’s economy stumbles as Philippines, Vietnam, Indonesia race ahead | Business and Economy

Thailand’s economy stumbles as Philippines, Vietnam, Indonesia race ahead | Business and Economy

Bangkok, Thailand – Sheltering from the sun on a street corner, Kridsada Ahjed rues the day he got involved with the loan sharks who now gobble up most of his daily earnings. “I went to the loan sharks because people like me – with no assets or savings – cannot…

Shares in Trump Media tumble after filings reveal a $58m loss last year | Donald Trump News

Shares in Trump Media tumble after filings reveal a $58m loss last year | Donald Trump News

The company debuted on the stock market last week, offering Trump a ray of hope amid pending financial woes. Shares in former President Donald Trump’s Trump Media & Technology Group surged last week after debuting on the stock market in the United States. But a disclosure that the company lost…

The UK’s new minimum wage ‘badly needed’ but many calling for more | Business and Economy News

The UK’s new minimum wage ‘badly needed’ but many calling for more | Business and Economy News

Keerthi Subramanian, a shop clerk in South London, earns 10.42 pounds ($13.15) an hour. From Monday that will go up by 1.02 pounds ($1.29) to 11.44 pounds ($14.44) as a new United Kingdom minimum wage kicks in. That is not much help, she says. “At just over 10 pounds, I…