South Korea’s prolonged economic downturn and rising corporate bankruptcies are challenging investment banks in Yeouido’s financial district this year. As demand for corporate financing rises and the ...
Kremlin’s billion-dollar scheme in Turkey to dodge sanctions
The Wall Street Journal reported that Russia wanted to create a "dollar reserve" in Turkey to finance the construction of a nuclear power plant. This was a strategy by the Kremlin to circumvent ...
Russia used US banks to send billions to Turkey, dodging sanctions, WSJ reports
A U.S. Justice Department investigation found that Russia funneled billions of dollars through American banks to Turkey in 2022, using the Akkuyu nuclear power plant project as cover to evade ...
Japan Auto Stocks Skid After Trump Hits Mexico, Canada, China With Tariffs
Japanese auto stocks fell sharply after new U.S. tariffs against Mexico, Canada and China raised concerns about their U.S. sales of cars made in the North American trading partners and a further ...
Japan ‘deeply concerned’ at global impact of Trump tariffs — minister
Japan is “deeply concerned” about the possible repercussions on global trade of US President Donald Trump’s sweeping tariffs targeting major trading partners Canada, Mexico and China, its finance ...
India’s 2025 budget targets fiscal trinity, economist says ‘something’s gotta give’
Pranjul Bhandari from HSBC expects India's central bank to do more to boost growth since the latest budget announcement sets a target to lower budget deficit.
India embracing high-risk approach in T20s, says Gambhir
India will look to deploy a high-octane, attacking style in Twenty20 Internationals and are ready to accept the risks that come with it, head coach Gautam Gambhir said after his side beat England to ...
India to Actively Manage Cash Amid Tightness, Says Official
India will actively manage its cash needs so as to not choke the private sector of funds amid tight banking liquidity, Economic Affairs Secretary Ajay Seth said in an interview.
India rupee strained by Trump tariffs; bonds await central bank policy decision
The Indian rupee this week is expected to be undermined by the fallout of U.S. President Donald Trump imposing tariffs on Mexico, Canada and China, while government bonds will await cues from the ...
Dying with dignity: Breaking the taboo around ‘living wills’ in India
In 2018, India's Supreme Court allowed people to draw up living wills and thereby choose passive euthanasia, where medical treatment can be withdrawn under strict guidelines to hasten a person's death ...