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Posted on August 8, 2025

What is Payment ID? Here’s What You Need to Know About Indonesia’s New Financial System

Bank Indonesia (BI) is set to launch a new digital payment system called Payment ID on August 17, 2025. Here's what you need to know about it.

Posted on August 8, 2025

Bank of Thailand set to cut rates on August 13 to support economy

The Bank of Thailand will lower its key interest rate on Wednesday to support a slowing economy as negative inflation persists and U.S. tariffs remain elevated, according to a Reuters poll of ...

Posted on August 8, 2025

Hundreds of Buddhist monks in Cambodia gather to praise ceasefire with Thailand and mourn the dead

Hundreds of Buddhist monks in Cambodia have held a religious ceremony to honor soldiers killed in recent border clashes with Thai forces and to pray for peace.

Posted on August 8, 2025

The Man Who Could Unite Iran’s Opposition

a bright line runs through Iran’s domestic movement for democratic change: on one side, frank opponents of the regime, and on the other, proponents of incremental reform. One figure stands out for ...

Posted on August 8, 2025

Turkey nears exit from costly FX-protected deposit scheme

Turkey is on the verge of ending a scheme protecting deposits from currency depreciation that is estimated to have cost $60 billion, another step to abandon unorthodox economic policies that triggered ...

Posted on August 8, 2025

Japan’s Inpex ups annual profit forecast on strong Ichthys LNG production

Japan's biggest oil and gas explorer Inpex on Friday raised its annual net profit forecast by 23%, citing strong production at its key Ichthys liquefied natural gas project in Australia, higher oil ...

Posted on August 8, 2025

Japan Says U.S. Has Agreed To Fix ‘Regrettable’ Error In Trump’s Tariff Order And Give Refunds

The change will mean Trump’s reciprocal tariff rate of 15% on Japan will not stack on top of existing sector-specific levies, similar to an arrangement with the EU.

Posted on August 8, 2025

India’s Nifty, Sensex suffer longest weekly losing streak in five years on trade, earnings fears

India's equity benchmarks fell on Friday, posting their sixth straight weekly loss as U.S. tariffs, trade uncertainty and muted earnings dampened sentiment.

Posted on August 8, 2025

China tells brokers to stop endorsing stablecoins in bid to avoid instability, Bloomberg News reports

(Reuters) -Chinese regulators have asked local brokers and other bodies to stop research publication and seminars to endorse stablecoins in a bid to check the asset class and avoid instability, ...

Posted on August 8, 2025

China narrows gap with US as Germany’s biggest trading partner

China came close to overtaking the United States as Germany's largest trading partner in the first half of 2025, preliminary data from the German statistics office showed, as German exports to the U.S ...

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