World / Asia/South Asia


China, Singapore upgrade ties

China, Singapore upgrade ties

China and Singapore have agreed to upgrade bilateral relations to an "All-Round High-Quality Future-Oriented Partnership", reflecting both countries' desire to set the strategic direction and chart the development of bilateral relations going forward. At the invitation of Li Qiang, Premier of the

India regulator probing some Adani offshore deals

India regulator probing some Adani offshore deals

India's market regulator is investigating possible violation of 'related party' transaction rules in the Adani Group's dealings with at least three offshore entities that have links to the brother of the conglomerate's founder, two people said. The three entities allegedly entered into several inv

35 killed after well collapse in Indian temple

35 killed after well collapse in Indian temple

Thirty-five bodies have been found inside a well at a Hindu temple in central India after dozens of people fell into the muddy water when the well’s cover collapsed, officials said Friday. Video of Thursday’s collapse at the temple complex in Indore in Madhya Pradesh state showed chaos

Prakash Sharan Mahat new finance minister of Nepal

Prakash Sharan Mahat new finance minister of Nepal

Nepal’s Prime Minister Pushpa Kamal Dahal on Friday named centrist politician and economic expert Prakash Sharan Mahat as finance minister, a presidential statement said, as the country tackles falling revenue collection and high interest rates. Mahat has previously served in the foreign and

China rolls over $2.0 billion loan to Pakistan

China rolls over $2.0 billion loan to Pakistan

Pakistan's finance minister, Ishaq Dar, said on Friday that China had rolled over a $2 billion loan that matured last week, providing relief during the South Asian nation's acute balance of payment crisis. Locking in a rollover had been critical for Pakistan, where reserves have dipped to just fou

35 dead, 16 hurt in India stepwell accident

35 dead, 16 hurt in India stepwell accident

At least 35 people were killed and 16 were injured after the roof of a stepwell collapsed in central India, a local government official said on Friday. The incident occurred as devotees gathered at a temple in Indore to celebrate the Hindu festival of Ram Navami on Thursday, officials said, report