Lutnick said the U.S. will initially split profits equally on projects funded through Japan's $550 billion investment.
Japan’s emperor and his family mourn Nagasaki atomic bomb victims, marking 80 years since tragedy
Japanese Emperor Naruhito, accompanied by his wife and daughter, have paid their respects to atomic bombing victims in Nagasaki as he wrapped up a tour to some of the worst-hit places in World War II ...
Indonesia says banks must use government liquidity boost for lending
Indonesia's state-controlled banks must use 200 trillion rupiah ($12.2 billion) in new government funding for lending, and not to buy bonds, Finance Minister Purbaya Yudhi Sadewa said on Friday, as the government takes steps to boost credit growth.
Will Indonesia’s US$80 billion sea wall hold firm against environmental critics?
Indonesia is hoping to involve China in the project along northern Java, as critics also question Jakarta’s ability to finance the wall.
Charlie Kirk’s killing opens opportunity for China and Russia
Charlie Kirk's killing has exposed U.S. divisions, creating an opening for foreign adversaries to exploit through disinformation.
Indonesia finance minister says banks must use government funds only for lending
Indonesia's Finance Minister Purbaya Yudhi Sadewa on Friday said that the 200 trillion rupiah ($12.2 billion) given to state-controlled banks must be used for lending, and not to buy bonds, as he sought to improve what he has called a "dry" banking system.
Indonesia Won’t Extend EV Import Incentives in 2026
The Industry Ministry has announced it will not extend the incentives for imported battery electric vehicles (BEVs) under the CBU scheme beyond 2025.
Nepal’s tallest hotel burned down in protests
As protesters in Nepal stormed parliament this week forcing the prime minister to quit, luxury hotels and residences were attacked by arsonists amid anger at the lavish lifestyle of the elites in one ... ( read original story ...)
State comptroller exposes gaps in emergency response during war with Iran
Despite civilians’ resilience in face of missile attacks, new report highlights systemic shortcomings in evacuation, housing, compensation, and shelter management The post State comptroller exposes ... ( read original story ...)
Japan cuts price cap on Russian oil to $47.60 in additional sanction
Japan has decided to lower its price cap on Russian crude oil to $47.60 per barrel from $60 previously, effective on Friday, to punish Moscow for its continued war in Ukraine, a government ...