NEW DELHI -- J.P. Morgan said it will include Indian government bonds in its widely tracked emerging market debt index from next year.
India will be included in the GBI-EM (Government Bond Index-Emerging Markets) Global Index suite starting June 28, 2024, according to a statement issued by J.P. Morgan. (India-JP Morgan-Debt Index)
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CHICAGO -- Negotiations on a new contract continued Thursday between the United Auto Workers (UAW) and the Big Three U.S. automakers as the UAW's strike against the three automakers entered the seventh day.
Only one day is left as the union set Friday as the deadline for sending more workers and plants to strike if no "serious progress" is made. (US-Auto-Contracts)
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BUDAPEST -- Chinese electric vehicle and power battery companies' investment in Hungary exemplifies win-win cooperation in the automotive industry between Europe and China, said a Hungarian scholar.
Hungary benefits through collaboration with Chinese companies, global leaders in power battery production with cutting-edge technology, said Csaba Moldicz, head of the Center for International Economy at the Mathias Corvinus Collegium Foundation of Hungary, in a written interview with Xinhua. (Hungary-China-Automotive Industry)
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DHAKA -- A recent report estimated that the Belt and Road Initiative (BRI) will help Bangladesh's real gross domestic product (GDP) growth by at least 2.1 percent, generate an additional 2.5 percent to 5.1 percent of employment, and decrease extreme poverty by 1.3 percent.
The report, titled "The Belt and Road in Bangladesh Achievements and Way Forward," was published here on Thursday by the Chinese embassy in Bangladesh. It said that the BRI activities in Bangladesh primarily encompass three areas: infrastructure development, energy and power collaboration, and social and cultural exchange. (Bangladesh-BRI-GDP) Enditem
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