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The World Bank has approved $700 million in budgetary and welfare support for Sri Lanka. Report says it is the biggest funding tranche for the crisis-hit island nation since an International Monetary Fund, IMF deal in March. About $500 …

Japan and South Korea agreed to revive a $10-billion currency swap deal. The currency swap deal is aimed at improving two-way ties and strengthening a regional financial safety net amid increased geopolitical risks. Report says the…

The New Zealand government will provide $79.18 million in extra funding to its universities over the next two years. This comes as a number of institutions struggle with growing deficits and falling student numbers. Report says New…

The Pakistani government has expressed hopes a bailout decision from the International Monetary Fund will come in a day or two. This comes following its Prime Minister's telephone conversation with the chief of the global lender.…

Former Audi boss, Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court for fraud by negligence in the 2015 diesel scandal. Report says he is the first former Volkswagen board member to receive such a…

The Malaysian government has welcomed the Hague Court of Appeal's decision to dismiss a bid by eight descendants of a former sultan to enforce a $15 billion arbitration award they had won against the government of Malaysia. While …

Sri Lanka will enter into an agreement with the World Bank for $500 million in budgetary support after the cabinet approved it. Report says it is the biggest funding tranche for the crisis-hit nation since an International Monetary Fund…

The police have detained nine people over an explosion at a barbecue restaurant in north-west China which has killed at least 31 people. Report says a gas leak is suspected to have caused the explosion in Yinchuan City on Wednesday night…

Thirty-seven people have been injured, four of them seriously, after a large explosion in central Paris. Report says the blast took place in a building that housed a design school and the Catholic education system headquarters in Rue…

French police are searching the headquarters of the organisers of the Paris 2024 Olympic Games. Officials say the raids are part of two preliminary corruption investigations. The police are looking into allegations of favouritism and…