US stocks open lower on tariff uncertainty. Trump said higher tariffs start Aug 1 for nations without deals. Tesla sinks on feud with Trump.
Central Asia: Bringing Afghanistan in from the cold
Relations between the five Central Asian countries and Afghanistan are warming as plans move ahead for new rail links, increased trade and creating opportunities for ordinary Afghans. Central Asian ...
Trump tariffs live updates: Trump tells Japan, South Korea leaders he’s imposing 25% tariffs
President Trump on Monday said he was imposing 25% tariffs on imports from both South Korea and Japan, and he warned of added duties to countries embracing what he called "anti-American" policies of ...
Reforms to Philippine deposit insurance system eyed
A central bank-led government group said it was eyeing reforms to the country’s deposit insurance system to strengthen the local financial sector amid “potential vulnerabilities” emanating from the ...
Trump sends tariff letters to Japan, South Korea, extending deadline
The 25 percent duty threatened in the letters effectively matches the initial reciprocal tariffs Trump briefly imposed on the two countries in April.
Trump sends tariff letters to Japan, South Korea, extending deadline
The 25 percent duty threatened in the letters effectively matches the initial reciprocal tariffs Trump briefly imposed on the two countries in April.
Trump unveils 25% tariffs on South Korea and Japan, nearly identical to his ‘Liberation Day’ rates
President Trump announced 25% duties on both South Korea and Japan. The new rates — which aren’t scheduled to take effect until Aug. 1 — track closely with the rates the president first announced on ...
Stricter provisioning on losses from share, bond, and subsidiary investments by financial institutions
Provisioning must now be made ranging from 25% to 100% depending on the category of investment, with quarterly reporting to begin from this September quarter ...
Indonesia, US companies including Pertamina, Exxon to sign $34 billion deal
JAKARTA (Reuters) -Companies from Indonesia and the United States are expected to sign a memorandum of understanding worth $34 billion, including state energy Pertamina (PGEO.JK), Exxon Mobil Corp ...
ADB grants $500m to empower women economically in Pakistan
The Asian Development Bank (ADB) has launched a $500 million financing programme with Pakistan to boost women's financial inclusion. This move is part of the global Women Entrepreneurs Finance Code ...