Fitch Ratings recently downgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ’CC’ from ’CCC+’, signaling a very high risk of default. This downgrade reflects growing concerns about the Maldives’ ability to meet its financial obligations, with a heightened risk of default.
The US State Department expressed disappointment on Friday, on the second anniversary of a United Nations report on human rights in Xinjiang, and called on China to take action and end the current repression of Muslim Uyghurs and other ethnic and religious minority groups.
India and Singapore are set to sign a significant agreement on semiconductors during Prime Minister Modi’s upcoming visit to the country. The Indian Prime Minister will be travelling to Singapore on 4-5th September, during which he will be holding meetings with Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong.
New Delhi: The Fintech ecosystem of the country now cumulatively valued at over USD 100 billion, is at a pivotal stage of evolution, with the potential to create two to three times its current value over the next decade, as per a report by BCG and Z47.
India will soon wear a grand necklace of Industrial Smart Cities as in a landmark decision on Wednesday, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of Rs. 28,602 crore.
North Korea has taken a stance opposing China’s plans to install telecommunications facilities near the border in a recent email to an international frequency management organisation - a rare revelation of a diplomatic action by Pyongyang to express dissatisfaction with Beijing.
Almost 4 million people in southern Japan have been urged to evacuate as Typhoon Shanshan made landfall Thursday, leaving thousands of residents without power and lashing Kyushu island with hurricane-force winds, torrential rain and dangerous storm surges.
Human brain samples collected at autopsy in early 2024 contained more tiny shards of plastic than samples collected eight years prior, according to a preprint posted online in May. A preprint is a study which has not yet been peer-reviewed and published in a journal.
The Baloch Liberation Army (BLA) has claimed responsibility for the deaths of 62 Pakistani military personnel and the capture of two others during blockades and attacks carried out under its ongoing “Operation Herof” across Balochistan.
China’s Tibet policy has been one of the most controversial aspects of the Chinese Communist Party’s (CCP) seventy-five-year rule. While the CCP has claimed to develop Tibet as a global center, the reality is much grimmer than Beijing projects.
A Philippine fisheries bureau plane was threatened by flares fired from a Chinese island base while conducting a routine patrol in the South China Sea, Philippine officials said Saturday, the latest territorial spat between Beijing and Manila over one of the world´s busiest trade routes, with confrontations spreading from the disputed waters to the airspace above.
The Maldives is facing a severe economic crisis that endangers its social fabric and political stability. Under President Mohamed Muizzu, the nation’s financial troubles have escalated, characterized by soaring debt, shrinking reserves, and an increasing dependency on foreign aid, particularly from China.
Sri Lanka’s tourist arrivals surpass 2 million in 2024
Auction yields slump for third consecutive week
Moody’s raises Sri Lanka’s rating
ASPI crosses the 15,000 mark for the first time
Resolving toque monkey issue hits a snag
Manmohan Singh, architect of India’s Economic reforms dies