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Posted on August 12, 2026

Saudi Arabia, IMF to Hold a High-Level Annual Conference on Emerging Markets in AlUla on February 16–17, 2025

Minister of Finance of the Kingdom of Saudi Arabia Mohammed Aljadaan and Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva issued a joint statement today: “The world is ...

Posted on August 12, 2026

Iran to Join BRICS Development Bank Soon, Central Bank Governor Says

DUBAI, Aug 12 (Reuters) - Iran will soon ⁠join ⁠the New Development Bank, ⁠the development lender established by the BRICS group of ​nations, central bank governor Abdolnaser Hemmati said in a state ...

Posted on August 12, 2026

Iran to Join BRICS Development Bank Soon, Central Bank Governor Says

DUBAI, Aug 12 (Reuters) - Iran will soon ⁠join ⁠the New Development Bank, ⁠the development lender established by the BRICS group of ​nations, central bank governor Abdolnaser Hemmati said in a state ...

Posted on August 12, 2026

Iran to join BRICS bank soon as Trump claims US controls Tehran’s frozen assets

Iranian central bank governor Abdolnaser Hemmati said in a state media report on Wednesday that Iran will soon join the New Development Bank, the multilateral lender established by the BRICS group of ...

Posted on August 12, 2026

Oil rises as doubts over US-Iran deal heighten supply concerns

By Sam Li and Colleen Howe BEIJING, Aug 12 (Reuters) - Oil prices rose on Wednesday as doubts about a U.S.-Iran peace deal and attacks on two ships fuelled concerns about disruptions to Middle East ...

Posted on August 12, 2026

Japan fund managers chase retail cash as JGB yields surge

By Junko Fujita TOKYO, Aug 12 (Reuters) - After years of paying investors almost nothing, Japanese government bonds are suddenly worth owning again, and domestic asset managers are hurrying to give ...

Posted on August 12, 2026

Nintendo to launch Switch consoles in Indonesia in December

JAKARTA, Aug 12 (Reuters) - Japanese game maker Nintendo said on Wednesday that it would launch its Switch consoles in Indonesia for the first time this year, marking its entrance into Southeast ...

Posted on August 12, 2026

Wildfire at Indonesia’s Mount Bromo mostly contained as smoke forces school closures

Indonesian firefighters have mostly contained a wildfire that has burned nearly 900 hectares in Bromo Tengger Semeru National Park ...

Posted on August 12, 2026

India’s small steelmakers could save money and cut emissions with switch to renewable power

Smaller steel companies responsible for nearly 40% of India’s crude steel production could cut their electricity bills by about a third while sharply reducing carbon emissions by switching to ...

Posted on August 12, 2026

China’s Tencent posts 11% second-quarter revenue rise, profit misses estimates

BEIJING, Aug 12 (Reuters) - Tencent Holdings reported a 11% rise in second-quarter revenue on Wednesday, driven by strong advertising sales and steady gaming income, as the Chinese technology giant ...

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