Indonesia is overhauling its trade policies for key commodities in a sudden move that some experts liken to a hostile takeover of major industries in the resource-rich nation.
Indonesia to ‘Listen to Market’ After Shock Commodity Plan
Indonesia is “listening very closely to the market” as it builds a body to oversee key commodity exports, according to Pandu Sjahrir, chief investment officer of sovereign wealth fund Danantara, after ...
China cracks down on Tiger, Futu and Long Bridge for illegal cross-border stock trading
CSRC cracks down on three brokerages, as overseas stock demand rises on strong US tech earnings and easing Middle East tensions.
Ministry of Finance moves to speed up South Korean ODA pledges
At a meeting at the Ministry of Finance (MoF) headquarters on May 20, general director of the Department of Debt Management and External Finance Nguyen Quoc Phuong and chief representative of KEXIM ...
Saudi’s NEOM halts work on The Line until after 2030
NEOM — the company developing the northwest corner of Saudi Arabia which is controlled by Public Investment Fund and chaired by Crown Prince Mohammed bin Salman — has also pos ...
Petition to scrap South Korea’s crypto tax reaches 50K threshold
A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and Economic Planning Committee to review objections ...
Japan will avoid over-reliance on debt for extra budget, finance minister says
By Leika Kihara TOKYO, May 22 (Reuters) - Japanese Finance Minister Satsuki Katayama said on Friday the government will seek to avoid overly relying on new debt issuance if it were to compile an extra ...
Iran, US-Israel war LIVE updates: US says ‘slight progress’ in Iran talks amid uncertainty over ceasefire
Tensions around the Iran conflict remain high as Donald Trump says the US is close to a deal but warns military action could return if talks fail. Iran has accused Washington of preparing fresh ...
Japan’s extra budget expected to reach $19B as government reverses course on spending
Japan's Finance Minister Katayama announced a ¥3 trillion ($19B) supplementary budget to counter inflation and geopolitical shocks, reversing earlier stance.
The aftermath of Trump-Xi summit: comparing U.S. and China announcements
Analysts say a comparison of the readouts issued by the U.S. and China reveals "minor inconsistencies" on issues such as agriculture, tariffs and rare earths. But, experts argue, those differences are ...