Political Turmoil

Bangladesh is a leading global cotton importer due to the size of its textile and garment industry, but the devastating floods mean few trucks and trains have been able to bring supplies to factories from Chittagong port over the last week, industry officials and analysts said.

Gold firms above 3-month lows amid political turmoil in Russia

Spot gold was up 0.1% at $1,923.61 per ounce by 10:26 a.m. EDT (1426 GMT), while gold futures gained 0.2% to $1,933.90.

UK political turmoil: What you need to know

Boris Johnson and his former finance minister Rishi Sunak are leading the contenders to be the next prime minister following Liz Truss' resignation after just six weeks in office.

Inflation protests across Europe threaten political turmoil

Across Europe, soaring inflation is behind a wave of protests and strikes that underscores growing discontent with the spiraling cost of living and threatens to unleash political turmoil.

Gold prices gain in Asia on economic, political turmoil, copper down

Gold prices gain in Asia on economic, political turmoil, copper down

Nifty may drift to 5400-5250; stick to defensives: IIFL

Nirmal Jain, Chairman, IIFL feels political uncertainty will continue to keep the market on the edge. "There is a probability that there can be early elections and that would mean all the reform processes even if our Finance Minister is very keen to push them through, will have to be put on hold,” he says in an interview to CNBC-TV18.

Mkt volatility to continue in April series: Amit Trivedi

After a volatile March series, which was a result of weak global cues and political turmoil, the April series too may see similar choppiness, said Amit Trivedi, Co-Founder, Investworks.in. In an interview to CNBC-TV18, Trivedi expects some rally in the market.

Focus on defensives; buy IndusInd, avoid autos: Expert

Given the kind of economic and political turmoil the country is currently undergoing, Dipan Mehta, member, BSE & NSE recommends investors to look at defensives.

Asian shares rise on positive euro zone data

Asian shares recovered on Wednesday as solid eurozone data calmed nerves jarred by potential political turmoil derailing the region's efforts to resolve its debt crisis, while the prospect of a dovish new governor for the Bank of Japan (BoJ weakened the yen.

Feuding politicians take Nepal to brink of ruin

Since they handed over their guns at the end of a decade-long insurrection in 2006, Nepal's Maoists have done no better at running the Himalayan republic than the corrupt and incompetent political mainstream they joined.

S&P cuts Cyprus rating to BBB+ on fiscal worries

Standard & Poor's cut Cyprus's credit rating by one notch on Friday and warned another cut was possible, deepening economic gloom for the island struggling with its worst peacetime disaster and mounting speculation it might be forced into an EU bailout.

Strike cripples life in Nepal

With Nepal headed towards a constitutional crisis, normal life came to a standstill in the capital and major cities across the country today due to general strike called by various groups demanding early drafting of the Constitution.

Egypt turmoil hits Cairo nightlife

After hours spinning the latest hip-hop and trance hits, DJ Sugar loses enthusiasm, turns off the music and surveys a nightclub dance floor that has been bare for weeks.

Crude oil prices likely to calm down, says Kaushik Basu

The government today said it is hopeful that the rally in crude oil prices due to the ongoing political turmoil in MENA (Middle East and North Africa)region will be short-lived.

Voltas to widen focus from Middle East to SE Asia

Engineering projects and airconditioning firm Voltas' current order book will take care of revenues for FY12, and it is now widening its focus from the Middle East to geographies like South East Asia, a senior executive said.

Moody's cautious on Gulf companies as unrest looms

Credit rating agency Moody's is still cautious on Gulf Arab companies as political turmoil weighs on the region despite a broader economic recovery.

IEA may release oil stocks if supply disrupted: Birol

Industrialised countries would consider a coordinated release of oil from stocks to meet any supply disruption stemming from the political turmoil in the Middle East, the IEA's chief economist said on Tuesday.

Egypt turmoil might trigger rise in air fares

A sharp rise in the price of aviation fuel due to present political turmoil in Egypt and fears of a domino effect on other oil-producing countries in the region is likely to trigger a hike in air fares.