South Korea May consumer sentiment slips to eight-month low

(Reuters) - South Korea's composite consumer sentiment index in May slipped to its lowest in eight months, dampening hopes for a firm recovery in domestic consumption in Asia's fourth-largest economy, central bank data showed on Tuesday.

IMF approves $278.8 million aid to Bangladesh

WASHINGTON: The International Monetary Fund (IMF) has approved a financial aid of $278.8 million to Bangladesh.