To an Indian who grew up in the 1970s and ‘80s, the sights of Dhaka, Bangladesh, seem to belong to a past that Indian metropolises have mostly outgrown: exuberantly battered buses, unpainted buildings, pavement book vendors with faded posters of Rabindranath Tagore and Karl Marx as well as the Rolling Stones, and pitch darkness on the unlit streets and squares where rural migrants congregate in the evenings. The countryside still feels closer here than in Kolkata or Mumbai.
Pakistani Prime Minister Nawaz Sharif heads to Afghanistan tomorrow to discuss security issues with President Hamid Karzai, whose reluctance to sign a pact to retain U.S. troops beyond 2014 has stoked concern in the region.
Hong Kong stocks will extend a rally after touching a 2 1/2-year high on optimism for China’s biggest package of policy changes since the 1990s and a stronger global economy, according to investors from JPMorgan Asset Management to Pictet Asset Management (HK) Ltd.
Rice exporters from India, the biggest supplier to Iran, may cut prices to retain market share as easing of sanctions on the Persian Gulf nation opens doors for increased supplies from Thailand and Pakistan, traders said.
Pakistan’s Prime Minister Nawaz Sharif, once ousted in a coup, named a U.K.-educated general seen as apolitical as head of the nuclear-armed country’s army in a move to further civilian control over the military.
Afghan President Hamid Karzai’s expanding list of demands before he’ll sign an agreement for U.S. forces to stay in his country is testing the Obama administration’s patience and risking blunders by each side.