HO CHI MINH CITY] Vietnam’s decade-long bid to build an international financial centre (IFC) is nearing a key breakthrough, with its Parliament expected to approve special regulatory mechanisms in May ...
HSBC sees up to $1.6 billion in loss on China bank stake reduction
HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the Chinese bank's fundraising by ...
Japan’s Largest Four Life Insurers Plan to Reduce or Stay Flat in JGBs, Barclays Says
Japan’s largest four life insurers plan to reduce or stay flat in JGBs, based on their fiscal-year investment plans, Barclays’ Japan FX and Rates Strategy team said.
Trump Eyes Iran Deal: ‘We’ll Have Something Without Dropping Bombs’
Trump's remarks contrast with Israel's call for the complete dismantling of Iran's nuclear program, underscoring the complex geopolitical stakes involved.
Dramatic drone video flies through destruction left by blast at Iran’s port
Drone video captures the scale of destruction in Iran’s largest port of Bandar Abbas following an explosion Saturday that’s at least 65 people dead and more than 1,000 injured, according to the ...
Japan’s Ishiba will discuss Chinese aggression in disputed seas and US tariffs on Philippines visit
Japanese Prime Minister Shigeru Ishiba is heading to the Philippines seeking to further boost an alliance in the face of China’s growing assertiveness in the region and he plans to symbolically board ...
Bangladesh faces currency crisis as central bank halts issuing notes featuring Mujibur Rahman
Bangladesh Bank faces significant financial losses due to the interim government's decision to withhold Taka 15,000 crore worth of printed notes featuring Sheikh Mujibur Rahman, leading to a market ...
Bangladesh’s internet future hampered by fragmentation, says APNIC Chief Scientist
Geoff Huston, Chief Scientist at the Asia Pacific Network Information Centre (APNIC), believes Bangladesh has made important strides in internet development but faces critical hurdles, particularly in ...
India Accuses Pakistan of Supporting Terrorism. Here’s What We Know.
India renewed its claims after a deadly terror attack last week in Kashmir, a territory that it has long fought over with Pakistan.
India shuts over half of Kashmir tourist spots in security review
More than half of the tourist destinations in India's insurgency-torn Kashmir region have been closed to the public from Tuesday, according to a government order reviewed by Reuters, in a bid to ...