Indian banks and insurers will launch a common customer identification system in August, with asset managers joining later, two regulatory sources and industry executives revealed ...
HSBC to sell Singapore life insurance arm to Allianz for $2.09bn
Holdings, an indirect wholly owned subsidiary of HSBC, will sell 100% of the issued share capital of HSBC Life SG to Allianz Asia.
Thailand eyes $714 million EV program to revitalize auto sector
Thailand is set to make a major move to speed up the use of electric vehicles as part of its proposed 24 billion baht ($714 million) program to revive its moribund motorcar sector. The initiative ...
Indonesia’s Bali financial hub ‘a matter of survival’: economic tsar
Luhut Pandjaitan wants investors to imagine kamikaze drones over Abu Dhabi, then picture themselves in Bali instead.
Four people, nine entities tied to Iran financial evasion network sanctioned by US Treasury
The Treasury further called for governments and financial institutions worldwide to avoid engaging with financial networks connected to Iran.
AI boom drives an 80% surge in foreign investment bids for Thailand
Foreign investors applied to pour $40.6bn into Thailand in H1, up 80%, with AI and data centres taking three-quarters of the total.
Live Updates: Iran targets American bases in Jordan and Iraq as raging war depletes U.S. interceptor stockpiles
Explosions were heard near a U.S. base in Iraq, and Iran said it targeted Bahrain, Jordan and Kuwait as the 21-week war intensifies.
Trump swings back toward diplomacy in escalating war with Iran
After threatening a "massive attack," the president said his envoys were talking with Tehran but left open the possibility of a sharp military escalation.
Japan identifies large share of rare earths in deep-sea mud off remote island
By Yuka Obayashi TOKYO, July 24 (Reuters) - An analysis of rare earth-rich mud retrieved from the deep seabed off a remote Pacific Island earlier this year found medium and heavy rare earth elements ...
Pakistan warns of military action over Houthi threats to Saudi Arabia
Pakistan has threatened possible military action as tensions flare again between Saudi Arabia and Yemen's Iran-backed Houthi militia. "Pakistan reaffirms that any hostile act against ...