After a months-long suspension, the U.S. has resumed dollar transfers to Iraq, easing financial tensions and stabilizing key economic ties.
South Korea’s currency chief says in talks with Japan, allies
By Cynthia Kim and Yena Park SEOUL, July 2 (Reuters) - South Korea's vice finance chief on Thursday said Seoul is closely communicating with Japan and other key allies on foreign exchange issues, and ...
Iran’s Floating Oil Stockpile Swells as Major Buyers Stay Away
A hoard of Iranian oil is building up at sea, as the Islamic Republic struggles to find buyers before the expiry of a 60-day window granted by Washington.Most Read from BloombergMeta Is Planning a ...
Gulf plans to cut the US out of Iran deal
The first talks were between Iran and Oman, then between Oman and Qatar, followed by Iran and Saudi Arabia, and finally, Qatar and Saudi Arabia – all aimed at hammering out what regional co-existence ...
Danantara Indonesia says financial report is still being processed
JAKARTA, July 2 (Reuters) - Sovereign wealth fund Danantara Indonesia said on Thursday that the companies under its control have all completed their financial statements for 2025, but the fund is ...
Danantara Indonesia’s 2025 Financial Statements Still Under Audit
Rohan stated that Danantara has begun to fulfill its investment mandate through several strategic investments funded by SOE dividends received in 2025. Some of the dividends will ...
Indonesia parliament begins deliberations on international financial centre bill
The Indonesian parliament's financial commission has agreed to begin deliberating on a bill to create international financial centres with their own separate court system to settle business disputes, ...
India’s IIFCL plans $1 billion loan; in talks for $400 million ADB funding
India Infrastructure Finance Company (IIFCL) is planning to borrow $1 billion from overseas investors, which could be its biggest foreign-currency loan, while also exploring a separate $400 million ...
Vietnam and Philippines raised to upper-middle income status
HANOI: The World Bank has elevated Vietnam and the Philippines to upper-middle income status after years of brisk of economic expansion, potentially bolstering investor confidence in the two nations.
Taal Volcano Eruption in Philippines Hurls 1,476-Foot Plume and Triggers Crater Tsunami Waves (Video)
Footage captured a July 30 phreatomagmatic eruption at the Taal Volcano in the Philippines, launching ash 1,476 feet into the air and creating minor tsunami waves.