On Wednesday, government officials announced that ten South Korean petrochemical companies have reached an agreement to restructure their operations. This will involve significant reductions in their ...
Iraq takes measures to improve its credit rating
Iraqi Prime Minister Mohammed Shia al-Sudani instructed on Wednesday the creation of a national team to improve the country's credit rating.
Thailand’s central bank caps most online transfers at $1,500 daily to thwart scams
Banks in Thailand are now required to set a daily limit of 50,000 baht ($1,537) on many online transfers to lessen financial fraud, particularly those involving customers judged vulnerable such as ...
Japan’s Exports Fall Most in Four Years as Tariff Pain Deepens
Exports fell 2.6% in value in July from a year earlier, sliding more than the median forecast of a 2.1% decline, the Ministry of Finance reported Wednesday. The downturn, led by cars, auto parts and ...
Japan’s Exports Fall Most in Four Years as Tariff Pain Deepens
Exports fell 2.6% in value in July from a year earlier, sliding more than the median forecast of a 2.1% decline, the Ministry of Finance reported Wednesday. The downturn, led by cars, auto parts and ...
Japan’s exports tumble most in four years as U.S. tariff pain intensifies
Exports fell 2.6% in value from a year earlier, sliding more than the median forecast of a 2.1% decline, the Finance Ministry has reported.
Bank Indonesia surprises with interest rate cut
Indonesia’s central bank cut interest rates again in a surprise move on Wednesday, stepping up support for Southeast Asia’s largest economy against the backdrop of global uncertainties. Bank Indonesia ...
Buckle Up Dollar Bulls, China Is Reportedly Considering Its Own Yuan-Linked Stablecoins
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what would represent a significant departure from its previous stance on ...
Buckle Up Dollar Bulls, China Is Reportedly Considering Its Own Yuan-Linked Stablecoins
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what would represent a significant departure from its previous stance on ...
China Wants Its Own Stablecoin — Should Tether and Circle Internet Worry?
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 billion), is a cornerstone of global digital finance. These U.S. dollar-backed ...