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Posted on November 22, 2024

Sen. Romney wants U.S. to compete better with China on foreign development investments

He introduced a bill to require the U.S. International Development Finance Corporation to prioritize projects that take into account national security needs.

Posted on November 22, 2024

Slower, Shallower Rate Cuts Likely in Indonesia, Economists Say

Bank Indonesia is likely to pursue slower and fewer cuts to its benchmark interest rate as global uncertainties put rupiah stability at risk, according to economists.

Posted on November 22, 2024

Xi was unusually frank in spelling out China’s 4 ‘red lines’ for the US, a clear warning for Trump’s China hawks

In Xi's last meeting with Biden, he set ground rules for the incoming Trump administration and its China hawks.

Posted on November 22, 2024

Indonesia to return death-row drug convict to Philippines after yearslong appeal for mercy

Philippine President Ferdinand Marcos Jr. said Wednesday that a deal has been reached for Indonesia to send home a Filipino death-row drug convict who was nearly executed by firing squad but got a ...

Posted on November 22, 2024

Mathews: Undermining local democracy in Indonesia and the world

When his term expired in 2022, the regent of West Seram, a local jurisdiction in Indonesia’s Maluku province, couldn’t run for re-election. Article 18 of Indonesia’s constitution guarantees local ...

Posted on November 22, 2024

Apple Offers $100 Million Investment in Indonesia to Lift iPhone 16 Ban

The amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.

Posted on November 22, 2024

41-Year-Old Retired American Living Off Dividends In The Philippines With Family Shares Stock Portfolio–’Life Is Good. Freedom To Choose’

Rising costs of living and shrinking savings force millions of Americans to consider retiring overseas. Last year, data from the Social Security Administration showed that about 450,000 people ...

Posted on November 22, 2024

KKR-Bain Brawl Worth $4 Billion Shows Japan Private Equity Boom

It set off a rare open tussle between the private equity giants that has shocked investors. “I’ve seen lots of private equity activity in Japan. I cannot remember two large firms in a bidding war for ...

Posted on November 22, 2024

Japan plans $90 billion spending in new stimulus package, document shows

Japan is considering spending 13.9 trillion yen ($89.7 billion) from its general account to fund a new stimulus package aimed at mitigating the impact of rising prices on households, according to a ...

Posted on November 22, 2024

Transforming Pakistan’s Financial Ecosystem: PBA, Finance Ministry, and SBP Discuss Actionable Steps

The Pakistan Banks' Association (PBA), under its priority sector initiatives, is leading a range of strategic projects aimed at fostering a more inclusive ...

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