South Koreas newly appointed Finance Minister Koo Yun-cheol announced that he and top Trade Minister Yeo Han-koo will meet with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative ...
South Korea Ramps Up U.S. Trade Talks Ahead of Tariff Deadline
South Koreas newly appointed Finance Minister Koo Yun-cheol announced that he and top Trade Minister Yeo Han-koo will meet with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative ...
S. Korea, U.S. to hold ‘2+2’ trade talks in Washington: finance minister
Finance Minister Koo Yun-cheol said Tuesday that he will hold "2+2" high-level trade talks with the United States later this week, ahead of the looming Aug. 1 deadline for bilateral negotiations on ...
Thailand names rate-cut advocate Vitai to lead central bank
BANGKOK: Thailand picked a rate-cut advocate with close ties to the government as its next central bank governor, defying concerns over a potential erosion of the monetary authority's independence.
Vietnam’s SHB bank okayed to expand charter capital to $1.76 bln
Saigon-Hanoi Bank (SHB) has received approval from Vietnam's central bank to raise its charter capital to VND45.942 trillion ($1.76 billion) after issuing a 13% share dividend, maintaining its ...
Vietnam audit reveals financial sector’s cracks: Bad debts and poor returns
The State Audit of Vietnam has released its consolidated 2024 report, spotlighting multiple irregularities and inefficiencies across financial and banking institutions.
How Japan’s election outcome muddles the BOJ’s policy path
Japan's election outcome may put the central bank in a double bind as prospects of big spending could keep inflation elevated while potentially prolonged political paralysis and a global trade war ...
Extreme heat threatens lives, livelihoods of workers in Bangladesh: Report
Extreme heat driven by the human-induced climate emergency is endangering the lives and livelihoods of urban workers in Bangladesh, Climate Rights International said in a new 172-page report published ...
Garuda Indonesia Eyes New Loans for 50 Boeing 777 Purchase
Currently, Garuda Indonesia is utilizing a Rp6.65 trillion loan from the national sovereign wealth fund Danantara, supplemented by its internal funds.
Pakistan’s first ‘agri Sukuk’ launched
KARACHI: In a major development for Islamic finance and agricultural infrastructure, InfraZamin Pakistan, Sunridge Foods (Pvt) Limited and BankIslami Pakistan marked the launch of the country’s first ...