SEOUL: South Korea's central bank said on Monday (Jan 20) it had slashed its 2025 growth forecast because of the political crisis triggered by President Yoon Suk Yeol's declaration of martial law last month.
Iran Unveils New Underground Naval Base
The Iranian military seems to be sending a message to Donald Trump by revealing a new naval base ahead of his inauguration.
Cecilia Sala, Boyfriend’s Contact with Musk ‘Fundamental’ to Iran Release
Italian journalist Cecilia Sala has told how Elon Musk played a pivotal role in her release from an Iranian detention center.
Italian journalist detained in Iran says she expected to be held longer and praises Musk’s role
An Italian journalist detained in Iran whose fate became intertwined with that of an Iranian engineer wanted by the United States says she assumed she would have been held much longer.
Philippines’ president accuses predecessor Duterte of peddling lies over budget barb
Philippine President Ferdinand Marcos Jr on Monday accused his predecessor Rodrigo Duterte of peddling lies after the former leader said this year's national budget was invalid, in the latest feud ...
Lebanon moving closer to forming cabinet at critical juncture
Lebanon could have a new government soon, several high-level sources have said, but challenges remain a week after Prime Minister Nawaf Salam was designated by President Joseph Aoun. Mr Salam has the ...
Seeking market confidence, Israel central bank urges budget passage without changes
Israel's monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank of Israel said on Monday in the minutes ...
Syria has issued public tenders for oil and its products, its oil minister says
Syria has issued public tenders for oil and its products, Ghiath Diab, the oil minister in the caretaker government appointed by Syria's new rulers, told state news agency SANA on Monday.
Austin Tice’s mother hopeful new US, Syria administrations will help find him
The mother of American journalist Austin Tice said on Monday she was hopeful that the new administrations in the U.S. and Syria would help her find her missing son, who was taken captive during a ...
Brunei ranks 13th globally in Islamic finance development; Malaysia and Saudi Arabia maintain their top two positions
Brunei has achieved a notable milestone, ranking 13th out of 136 countries globally in the Islamic Finance Development Report 2024: From Niche to Norm, marking its return to the top 15 rankings, ...