The International Monetary Fund (IMF) has revised downward its economic growth projection for Bangladesh for the fiscal year 2025–26, citing persistent political uncertainty, continuation of a tighter ...
Pakistan, Uzbekistan vow to boost economic, Industrial ties
Pakistan and Uzbekistan have reaffirmed the resolve to transform their longstanding diplomatic ties into robust economic and industrial partnerships.
Indonesia races to rescue Brazilian hiker stranded on volcano cliff for four days
Emergency responders in Indonesia are struggling to find a Brazilian woman who fell off a cliff while hiking around the country's second highest volcano at the weekend, officials said on Tuesday, as ...
Toyota crashes Indonesia’s used-car party with US$120 million bet
After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese automaker shelled out US$120 million for a 40% stake in ...
Starbucks considering sale of China business – Caixin Global
Starbucks (NASDAQ:SBUX) is reportedly considering a full sale of its China operations, according to sources cited by Caixin Global. Shares were launched higher on the report but have since retreated ...
Starbucks says it is not currently considering a full sale of its China operations
U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it obtained ...
Starbucks denies plans of full China sale as business sstalls
We have a world-class team in China, and a strong brand,” the company said in a statement. “We see significant long-term potential in the market and are evaluating the best ways to capture the future ...
China vows to protect rights of Chinese companies against EU ban
The European Commission, the executive arm of the EU, decided last week to bar Chinese companies from bidding on public procurement contracts for medical devices worth more than 5 million euros ($5.75 ...
Oil market awaits Iran response to US attacks. Strait of Hormuz seen unlikely to close.
Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, they warned.
Oil Gains and US Stock Futures, Asian Shares Slip After US Strikes Iran Nuclear Sites
Global markets appeared to take the U.S. strike against nuclear targets in Iran in stride as investors watched to see how Iran will react. The price of oil initially jumped more than 2% but fell back slightly on Monday.