The deal, alongside TotalEnergies’ $27 billion project, is part of Western efforts to reduce Iraq’s dependence on Iran for energy.
Indonesia’s digital rupiah CBDC to get stablecoin twist with government bond backing
Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital currency backed by government bonds (SBN). The initiative was unveiled ...
Indonesia’s digital rupiah CBDC to get ‘stablecoin’ companion backed by government bonds
Bank Indonesia plans to introduce a digital rupiah-linked stablecoin backed by government bonds, marking a significant step toward integrating blockchain technology into the country’s monetary system.
India’s IIFL Home Finance names veteran Girish Kousgi as CEO, MD
India's IIFL Home Finance named Girish Kousgi, former chief executive and managing director of PNB Housing Finance, as its new CEO and MD, effective Thursday, succeeding Monu Ratra. Kousgi has nearly ...
India’s retirement readiness improves, but financial sufficiency still a major concern: Axis Max Life 5.0 study
Axis Max Life Insurance, in partnership with Kantar Insights, has released the fifth edition of its India Retirement Index Study (IRIS 5.0), marking five years of tracking the country’s preparedness ...
Union Bank of India working with two external agencies for ECL norms implementation, says CFO
Further, the managing director and chief executive officer Asheesh Pandey said there is no communication from the government on the consolidation of the state-owned banks.
China remains a key market for Canadian firms; bilateral trade devt underscores strong complementarity: business group representative
A display screen featuring the logo of the Annual Conference of Financial Street Forum 2025 in Beijing's Xicheng district on October 28, 2025. Photo: Yin Yeping/GT ...
China’s auto funding blitz and a US rush for rare earths
Around the time Trump was leaving Tokyo’s Haneda Airport on board Air Force One, the Japan Mobility Show was kicking off at Tokyo Big Sight, just a few kilometres away. Journalists got an advance look ...
Treasury Secretary says Trump, Xi discussed ‘bigger picture ideas’ in historic South Korea meeting
President Trump and Chinese President Xi Jinping were able to discuss "bigger picture ideas" during the world leaders' historic South Korea meeting, Treasury Secretary Scott Bessent said Thursday on ...
Pakistan and Afghanistan to resume talks in Istanbul after dialogue deadlock, officials say
Pakistan and Afghanistan are expected to resume peace talks in Istanbul to revive a dialogue that collapsed earlier this week, according to Pakistan's defense minister, two officials and state media ...