Tun Razak Exchange, Malaysia’s international financial centre, draws global firms, talent and capital in support of the nation’s growth.
Saudi Arabia posts $33.5bn budget deficit amid drop in oil sales
Saudi Arabia has posted a sharp rise in its budget deficit amid declining oil revenues due to the effective closure of the Strait of Hormuz. The kingdom’s budget shortfall widened to 125.7 billion ...
Saudi PIF opens new office in bid to deepen investment ties in China
Saudi Arabia's sovereign wealth fund PIF has opened a new office in mainland China, as part of renewed efforts to strengthen relations with the 2nd largest economy in the world.
Thailand approves $29 billion of investment projects, led by $25 billion from TikTok
Thailand has approved six major projects worth a combined 958 billion baht, or $29 billion, its investment board said on Wednesday.
Could China push Iran into a peace deal? Only if it gets something in return
A visit to Beijing by Iran’s top diplomat – days before US President Donald Trump is set to travel to the Chinese capital – has turned up the spotlight on a key question: can China take on the role of ...
Gold, silver jump on report that the US and Iran are nearing a peace deal
Investors were assessing an Axios report that the US believes it’s close to an agreement with Iran on a one-page memorandum to end the war. What else you need to know: Gold has been an underperformer ...
China steps up Iran war diplomacy days before Trump’s summit with Xi
China’s diplomatic role in the Iran war has come into sharper focus after talks between Chinese and Iranian foreign ministers on Wednesday, days before U.S. President Donald Trump is expected to meet ...
China’s top envoy tells his Iranian counterpart a ‘comprehensive ceasefire’ is needed
Chinese Foreign Minister Wang Yi has told his Iranian counterpart Abbas Araghchi that China was “deeply distressed” over the war that has lasted more than two months and said a “comprehensive ...
China presses Iran to pursue diplomacy, restore Hormuz shipping ahead of Trump-Xi summit
Iran's Foreign Minister Abbas Araghchi trip to Beijing on Wednesday marks the first time he has visited China since the beginning of the Iran war.
China warns against resuming war in talks with top Iran diplomat
China’s Foreign Minister Wang Yi urged Iran to keep negotiating in pursuit of a lasting truce with the US, as he hosted Tehran’s top diplomat just days before Donald Trump is scheduled to arrive in ...