Browsing: Business

Nigeria’s external reserves climbed above $46 billion on Jan 22, 2026, the strongest in eight years, according to Central Bank of Nigeria data.

Dollar softness spreads across G10 as the yen rises on intervention watch, with traders watching USDJPY levels and broader risk sentiment.

Pakistan Business Forum says doing business in Pakistan costs 34% more than regional peers, citing taxes, power tariffs and corruption risks hitting exports now.

Bank of Japan held its benchmark rate at 0.75% after December’s hike, voting 8-1, while updating growth and inflation forecasts and citing food prices in Tokyo.

UAE-India Business Council sets a 2026 agenda spanning research, facilitation and missions, focusing on AI, clean energy, fintech and infrastructure links.

Pakistan’s fiscal tightening and energy pricing changes under an IMF plan lift confidence indicators, but production cuts and job losses worsen hardship for households and factories.

Dimon warned lawmakers that Trump’s 10% credit card rate cap could force issuers to tighten underwriting, limiting access to revolving credit for many U.S. households.

Gold surged above $4,800 an ounce on Jan. 21, 2026, as geopolitical tensions and a weaker U.S. dollar fueled safe-haven demand across Asia with spot near $4,885.1.

The IMF lowered Pakistan’s 2026 growth forecast to 3.2 percent, reflecting updated economic data and reinforcing a more restrained outlook under its global review.

India and the UAE expanded their strategic partnership after talks in New Delhi covering trade energy technology defense and long term investment cooperation.