KOSPI surged 112% in 2026 yet MSCI still classes South Korea as emerging. The CEO says one currency rule is the key obstacle.
Vietnam unveils sweeping financial strategy overhaul to boost growth
Deputy Prime Minister Nguyen Van Thang signed Decision No.1119/QD-TTg on June 23, amending and supplementing several provisions of Decision No.368/QD-TTg dated March 21, 2022, which enacted the ...
South Korea to lower fuel price caps, finance minister says
SEOUL, June 26 (Reuters) - South Korea will lower its cap on fuel prices as part of efforts to curb inflation pressure, the finance minister said on Friday. "We kept the sixth fuel cap price unchanged ...
Indonesia to inject more liquidity into state banks, finmin says
JAKARTA: Indonesia's finance minister said on Friday that the government will inject another 200 trillion rupiah ($11.15 billion) of liquidity into state lenders in order to boost credit, using its ...
Casablanca Finance City, Istanbul Financial Center forge strategic partnership
Casablanca Finance City Authority (CFCA) and the Istanbul Financial Center (IFC) have signed a strategic partnership aimed at boosting investment flows from Turkey into Africa through Morocco, the ...
China’s audit body censures state lenders over tax failures
China's National Audit Office (CNAO) has uncovered tax evasion and oversight failures at several major state-owned financial institutions. In its annual work report, the CNAO said the Bank of China ...
TikTok, YouTube deactivate 4.7 million child accounts in Indonesia following government curbs, minister says
JAKARTA, June 26 (Reuters) - Social media companies TikTok and YouTube have deactivated a total of around 4.7 million accounts belonging to children under the age of 16 in Indonesia, the country's ...
Indonesia Set to Boost Cash Placed in State Banks to $22 Billion
The Indonesian government will put an estimated 400 trillion rupiah ($22 billion) of its standby funds in state-owned lenders to keep on fueling economic growth, according to its finance chief.
Indonesia charges 24 foreigners over illegal gold mining
The suspects were allegedly building infrastructure around the mines in Maluku, including roads and processing facilities.
The Faint Hope for Peace Between India and Pakistan
Geoeconomics, historical precedents, and awareness of the grim dangers of renewed escalation suggest that the relationship between India and Pakistan could gradually improve.