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Posted on April 14, 2025

US-China tariff war a major risk: Singapore slashes GDP forecast for 2025 to 0 to 2%

The Ministry of Trade and Industry (MTI) downgraded Singapore's economic growth forecast for 2025 to zero to two per cent, citing the current US-China tariff war as a major risk to growth. In February ...

Posted on April 14, 2025

Sri Lanka’s tourism revenue up 4.6-pct in March 2025

Sri Lanka’s foreign exchange revenue from tourism rose to $354 million in March, rising 4.6 percent compared to the same month last year, the central bank said, quoting tourism promotion authorities.

Posted on April 14, 2025

EU to boost financial support for Palestinian Authority

The European Union will increase its financial support for the Palestinian Authority with a three-year package worth around 1.6 billion euros ($1.8 billion), the European Commissioner responsible for ...

Posted on April 14, 2025

OCI Is Said to Put Brakes on Malaysia IPO Plan on Market Turmoil

OCI Holdings Co.’s financial advisers have paused work on the potential listing of its Malaysian polysilicon business amid volatility in global stock markets, people familiar with the matter said.

Posted on April 14, 2025

Thailand Says US Tariff Talks to Factor in High Chinese Levy

Thailand’s tariff talks with the Trump administration will factor in the impact of the high taxes slapped on China as local producers fret over the risk of an increase in the influx of cheap imports ...

Posted on April 14, 2025

Philippines cuts rate, signals more easing on trade turmoil

although the BSP last month reduced banks’ reserve requirement ratio, freeing about 300 billion pesos ($5.2 billion) into the Philippine financial system.

Posted on April 14, 2025

Iran Has a Reason to Strike a Nuclear Deal: Its Economy Is in Trouble

Crippling sanctions and systemic corruption are pushing ordinary Iranians to the brink at a politically sensitive moment.

Posted on April 14, 2025

Mehul Choksi Arrested: How a diamantaire brought the share of India’s second largest PSU bank from Rs 200 to Rs 60 in few days

Punjab National Bank uncovered a massive Rs 13,500 crore fraud involving Nirav Modi and Mehul Choksi, who manipulated the system to obtain fraudulent Letters of Undertaking. Choksi was recently ...

Posted on April 14, 2025

China’s Xi urges to preserve supply chains as he visits Vietnam amid tariff chaos

China's President Xi Jinping on Monday urged Vietnam to cooperate in preserving global supply chains amid disruptions caused by U.S. tariffs, as he kicks off a three-nation trip to Southeast Asia in ...

Posted on April 14, 2025

China’s Xi to meet Vietnam leaders, kick off Southeast Asia tour amid US tariffs

President Xi Jinping will meet Vietnam's leaders in Hanoi on Monday as he begins a three-nation trip to Southeast Asia, aiming to cement ties with some of China's closest neighbours amid mounting ...

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