How China is using cheap finance to spread its footprint in Central Asia

IANS | November 9, 2026 2:19 PM

New Delhi, Nov 9 (IANS) For Kazakhstan and other Central Asian economies seeking affordable capital to fund infrastructure, industrial expansion and trade, Chinese financing has become an increasingly appealing option, yet behind these favourable terms lies a broader strategic picture that extends far beyond simple economics, according to an article in Myanmar’s Mekong News.

Global banks scaling down operations in Bangladesh: Report

IANS | November 9, 2026 1:48 PM

New Delhi, Nov 9 (IANS) Standard Chartered Bank’s announcement that it plans to sell its retail banking business in Bangladesh, following HSBC’s earlier decision to wind down its retail banking operations, raises the questions of whether global banks are losing confidence in the country’s Bangladeshi market, according to an article in Dhaka-based Prothomalo.com news portal.

L&T bags Rs 2,500 crore deal to extend Noida Metro Aqua Line

IANS | November 9, 2026 1:25 PM

New Delhi, Nov 9 (IANS) Construction and engineering giant Larsen & Toubro (L&T) announced on Monday that its Heavy Civil Infrastructure business has secured a “significant” order worth up to Rs 2,500 crore from Noida Metro Rail Corporation Limited for the Noida Metro Aqua Line extension project.

China extends suspension of 24 pc tariffs on US imports, port fees

IANS | November 9, 2026 12:45 PM

New Delhi, Nov 9 (IANS) China has extended the suspension of an additional 24 per cent tariff on imports from the United States for two months and prolonged the suspension of special port fees on US-linked vessels, while maintaining the existing 10 per cent tariff on affected goods.