Asian stocks slide, safety shines as bank fears spread

SINGAPORE: Asian stocks tumbled on Thursday (Mar 16), and investors bought gold, bonds and the US dollar as fear of a banking crisis was reignited by fresh troubles at Credit Suisse, leaving markets on edge ahead of a European Central Bank (ECB) meeting later in the day. Japan’s Nikkei fellContinue Reading

Interview: Mongolian ministers have a revival plan

Businesspeople and policymakers in Ulaanbaatar dream of a speedy end to the Russian-Ukrainian war, which significantly disrupted Mongolia’s imports of necessities. The mineral-rich nation suffered a debt crisis after the Russian invasion of Ukraine last year, forcing authorities to undertake fiscal and monetary measures to avoid a default amid depleted foreign reserves. Now, Mongolia urgently […]Continue Reading