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Posted on June 12, 2025

China-backed militia secures control of new rare earth mines in Myanmar

A Chinese-backed militia is protecting new rare earth mines in eastern Myanmar, according to four people familiar with the matter, as Beijing moves to secure control of the minerals it is wielding as ...

Posted on June 12, 2025

Earthquake worsens Myanmar’s economic decline, World Bank says

Myanmar's beleaguered economy is expected to contract by 2.5 percent in the 2025/26 fiscal year largely due to the devastating impact of a powerful earthquake in late March, the World Bank said in a ...

Posted on June 12, 2025

Earthquake worsens Myanmar’s economic decline, World Bank says

Myanmar's beleaguered economy is expected to contract by 2.5 percent in the 2025/26 fiscal year largely due to the devastating impact of a powerful earthquake in late March, the World Bank said in a ...

Posted on June 12, 2025

Did Myanmar rebels down a Pak-supplied JF-17 fighter jet? Suspicions rise after warplane crash in Sagaing

While Myanmar’s state-run media attributed the crash to mechanical issues, a resistance group has claimed it shot the aircraft out of the sky.

Posted on June 12, 2025

Euro Commission removes PH in list of ‘high-risk’ countries for dirty money, financial crimes

The European Commission, the European Union’s (EU) executive body, has removed the Philippines from its list of high-risk countries the bloc monitors for money laundering and terrorism financing. In a ...

Posted on June 12, 2025

Japan’s business mood worsens as US tariff uncertainty takes toll

Japan's business sentiment worsened in April-June for the first time in five quarters, a government survey showed on Thursday, a sign uncertainty over U.S. tariff policy was taking a toll on the ...

Posted on June 12, 2025

India to tighten remittance rules, bar offshore time deposits, sources say

India's central bank plans to tighten rules for overseas remittances by resident Indians, barring them from holding foreign currency deposits with lock-in periods, two government sources said. The Res ...

Posted on June 12, 2025

Bangladesh considers ‘settlements’ with tycoons accused of funnelling assets abroad

Dhaka is also in touch with litigation funding firms to help it reclaim tens of billions of dollars, central bank chief says ...

Posted on June 12, 2025

India’s Paytm slumps after government says reports of UPI transaction fees false

India's benchmark Nifty 50 was trading 0.2% lower. There is no fees on UPI payments. The delay or non-introduction of the fees is "sentiment negative for Paytm", brokerage UBS said, adding that the ...

Posted on June 12, 2025

India to tighten remittance rules, bar offshore time deposits, sources say

India's central bank plans to tighten rules for overseas remittances by resident Indians, barring them from holding foreign currency deposits with lock-in periods, two government sources said. The Res ...

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