South Korea is looking at creating an investment fund using excess tax revenue fueled by its burgeoning semiconductor sector to finance long-term economic growth, a senior government official said.
Turkey to launch ‘climate bridge’ at COP31 to unlock green investment
Turkey’s government is planning to launch a major climate initiative at the COP31 summit later this year, aiming to close the gap between global capital and underdeveloped green projects, finance …
How this educator makes finance easy for India’s working middle class
Finance educator Mayank Kumar, known as @myklogic, simplifies complex money decisions for India’s salaried workforce. He focuses on practical financial literacy, helping people understand salary slips …
Indonesia’s Islamic finance ripe for continued expansion
By IntelliNews Indonesia’s Islamic finance industry is expected to expand further in the second half of 2026 and through 2027, supported by strong government backing and a resilient operating …
Central Bank pulls the plug on Nation Lanka Finance after failed rescue attempts
The Central Bank of Sri Lanka has officially cancelled the finance business licence of Nation Lanka Finance PLC, effective July 3, 2026, moving to liquidate the chronically distressed firm after …
North Korea-linked hackers stole $643 million, accounting for two-thirds of global crypto thefts
A new TRM Labs report says North Korea-linked hackers stole $643 million in the first half of the year, accounting for about two-thirds of global cryptocurrency losses.
The EDB’s next frontier: Uzbekistan and the future of Central Asian integration
By Mokhi Sultanova in Tashkent For much of the past decade, Uzbekistan’s economic story has been one of domestic transformation. The government liberalised the currency, opened previously closed …
South Korea to create future fund from chip windfall to spur growth, tackle inequality
SEOUL, July 5 (Reuters) – South Korea plans to establish a future fund using extra tax revenue generated by a semiconductor boom to invest in growth engines, support for younger generations and …
BSP launches book on financial system
Last Friday, the Bangko Sentral ng Pilipinas, led by BSP Gov. Eli Remolona Jr., formally launched a new book titled “Risk and Resilience in the Philippine Financial System,” with former Central Bank …
Comment: Why Iran’s central bank is starving banks of liquidity
By Alireza Ramezani The Central Bank of Iran (CBI) increased its foreign exchange reserves by $4.5bn during the recent conflict with the United States and Israel, CBI Governor Abdolnaser Hemmati said, …