DESPITE having progressed to ‘very good step’ and being ‘close to concluding the agreement’ a few days back, the talks between Pakistan and the IMF for the resumption of the$ 6bn programme seem to have hit a deadlock.... Pakistan’s entire finance team that had been negotiating the revival of the loan facility in Washington since early this month has had no option but to leave without finalising an arrangement that is considered crucial to mitigating the emerging risks to our balance of payments

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A sign for Japan's Financial Services Agency is seen in Tokyo.... The Financial Services Agency

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Fumio Kishida has warned that Japan is already on the brink of being unable to maintain its social

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Life insurance and pension fund assets grew by 7.4% and deposits by 4.2%.As a result, the share of life insurance and pension fund assets in the private households’ portfolio increased to almost 40%, while deposits and securities each amounted to around 30%.... Most households did not really save but simply put money aside.... Instead, households should invest in their retirement and the green transition, enabling societies to master the challenges we face, climate and demographic change....

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