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Posted on August 23, 2025

Iraq signs agreement with Chevron to explore and develop oil fields

These agreements have been facilitated by improved contract terms that have made Iraq a more appealing destination for oil companies.

Posted on August 23, 2025

South Korea makes AI investment a top policy priority to support flagging growth

South Korea vowed on Friday to make investment in artificial intelligence a top policy priority, as the government slashed its economic growth projection for this year due to trade headwinds caused by ...

Posted on August 23, 2025

South Korea sets up fund to support auto parts makers

South Korean state-owned Korea Trade Insurance Corporation (K-Sure), with the support of Hyundai Motor Group (HMG) and Hana Bank, has launched a new KRW 630 billion (US$ 450 million) fund to provide ...

Posted on August 23, 2025

South Korea bets on AI to revive growth amid trade pressure

South Korea today unveiled plans to prioritize AI investments to accelerate its economic growth amid U.S. tariff-related trade headwinds.

Posted on August 23, 2025

South Korea sets up fund to support auto parts makers

South Korean state-owned Korea Trade Insurance Corporation (K-Sure), with the support of Hyundai Motor Group (HMG) and Hana Bank, has launched a new KRW 630 billion (US$ 450 million) fund to provide ...

Posted on August 23, 2025

Korea’s Early Export Lifted by Chips Despite US Tariffs Toll

Exports through the first 20 days of August came in stronger than expected, driven by a surge in semiconductor shipments,” said Bloomberg economist Hyosung Kwon. “Strong global demand for AI-related ...

Posted on August 23, 2025

Vietnam: Technical Assistance Report-Report on Government Finance Statistics and Public Sector Debt Statistics Mission (March 3–7, 2025)

An IMF Statistics Department mission visited Hanoi from March 3-7, 2025, to provide training and technical assistance to Vietnamese authorities on improving government finance and public sector debt ...

Posted on August 23, 2025

China’s economic data is famously unreliable—and could be a warning if Trump meddles with the Bureau of Labor Statistics

Beijing “is really intolerant of economic instability, and so everything gets smoothed,” says Derek Scissors of the American Enterprise Institute.

Posted on August 23, 2025

Philippines condemns China’s swarm of forces near disputed shoal and vows to defend the territory

The Philippine defense chief condemned China’s deployment of a swarm of armed coast guard forces, backed by a helicopter and a drone, closer to the Philippines’ military outpost in a fiercely disputed ...

Posted on August 23, 2025

Philippines, Australia to seal new defence pact as China tensions rise

The Philippines and Australia are working towards a new defence agreement to be signed next year, their defence ministers said on Friday, as both nations seek to step up military cooperation to deal ...

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