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India and Russia in ‘advanced talks’ over free trade agreement

Deal would build closer economic ties as most western states push to isolate Moscow over UkraineIndia and Russia have entered “advanced negotiations” over a free trade agreement that aims to build closer economic ties as most western governments push t…

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Asia PacificChinaEconomicsEmmanuel MacronEuropeFranceGlobal economyHuman rightsRussiaUkraineWorld newsXi Jinping

Macron arrives in China hoping to talk Xi into changing stance on Ukraine

French leader sees Beijing as possible ‘gamechanger’ and will also discuss European trade on three-day visitEmmanuel Macron has arrived in China for a three-day state visit during which he hopes to dissuade Xi Jinping from supporting Russia’s invasion …

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Asia PacificBusinessChinaEconomicsGlobal economyInternational Monetary Fund (IMF)PakistanSouth and Central AsiaWorld news

Pakistan’s fresh £580m loan from China intensifies debt burden fears

Loan is on top of £25bn that cash-strapped Islamabad already owes Beijing and Chinese commercial banksChina has agreed to loan Pakistan $700m (£580m) to help it weather its worst economic crisis in a generation, in a development that will intensify con…

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BondsBusinessDebt reliefEconomicsFinancial sectorGlobal economyHedge fundsSocietySouth and Central AsiaSri LankaVulture fundsWorld news

Hedge funds holding up vital debt relief for crisis-hit Sri Lanka, warn economists

Exclusive: 182 experts say only debt cancellation offers chance of recovery but private investors are playing hardballSome of the world’s most powerful hedge funds and other investors are holding up vital help for crisis-hit Sri Lanka by their hardline…

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