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Japan raises interest rate to highest since 1995

increased its main interest rate to a new 31-year-high after a surge in global energy prices. On Tuesday, the Bank of Japan (BOJ) raised its so-called policy rate to 1% from

Bangladesh seeks IMF aid: How badly has Iran war hit its economy?

interest rates. Sri Lanka, for instance, suffered a [financial collapse in 2022](/opinions/2025/8/29/sri-lankas-crisis-shows-how-debt-is-devouring-the-global-south) after years of unsustainable borrowing and poor fiscal management. In 2023, it secured about $3bn in support from the IMF under

K-pop’s BTS comeback tour rallies South Korea’s global ‘soft power’ drive

interest in South Korea. “As the industries expand in scale, they must also evolve in its underlying systems, infrastructure, and workforce,” he said. “Rather than focusing solely on direct financial support, future governmental policies should