Just before the United States reimposed its naval blockade of Iranian ports Tuesday afternoon, Iran appeared to be readying blockade-busting vessels in the Persian Gulf that could attempt to evade US ...
Oil Prices Jump 9% After Back-and-Forth Strikes by U.S. and Iran
The continued cycle of attacks between Iran and the United States in the Persian Gulf posed fresh risks to ships seeking to navigate the Strait of Hormuz, testing markets on Sunda ...
European business confidence in Vietnam surged in second quarter
Marking the 15-year anniversary of the European Chamber of Commerce in Vietnam (EuroCham) flagship Business Confidence Index (BCI), the second-quarter report reveals a renewed surge in European ...
After income upgrade, what investors are waiting for Philippines to fix
The Philippines has moved up the World Bank's income ladder. Now it has to show investors it can compete there. The country's recent reclassification as an upper-middle-income economy gives it a ...
Japan’s economy shows mixed picture as factories stay strong but services slow
Japan’s manufacturers remained optimistic in July due to strong semiconductor and AI demand, while service-sector confidence fell amid higher costs, a weak yen and geopolitical tensions ...
China’s Economy Grows at Slowest Pace in Years
Economic growth of 4.3 percent in the second quarter, versus the same period last year, reflected a broad slump outside of the country’s export-oriented manufacturing might.
China’s Q2 GDP growth hits slowest pace since 2022 as economic recovery loses steam
China’s Q2 GDP growth slowed to 4.3 per cent, the weakest pace since late 2022, as weak domestic demand, a property downturn and global oil shock pressures weighed on economic recovery ...
LOLC Al-Falaah launches Sri Lanka’s first structured Tawarruq-based personal finance solution
Further strengthening its position as Sri Lanka’s leading alternate financial services provider, LOLC Al-Falaah has introduced “Al-Falaah Tawarruq for Personal Finance,” the country’s first structured ...
CloudMile and Tookitaki Sign MoU to Strengthen AI-Driven Financial Crime Prevention in Malaysia
CloudMile, an established AI and cloud service provider in Asia, has signed a Memorandum of Understanding (MoU) with Tookitaki, a global pioneer in anti-money laundering (AML) and transaction fraud ...
S. Korea gov’t revises up 2026 growth outlook to 3 pct on chip supercycle
The South Korean government on Tuesday revised up its economic growth projection for 2026 to 3 percent, up 1 percentage point from its previous outlook, citing a semiconductor supercycle.