The U.S. subsidiary of India’s Vadilal Industries will start manufacturing ice cream at its local facility by the year-end to reduce dependence on imports and boost sales, an executive of the unit ...
China says fiscal support will remain flexible, debt ratio stays reasonable
China's fiscal policy has ample room, the government's debt ratio remains "reasonable" and risks are controllable, finance minister Lan Foan said on Friday, pledging a more flexible fiscal push to ...
Can Trump force G7 nations to impose tariffs on India, China? Finance ministers’ key meet today
In what could be a big development in the ongoing tariff trouble across the globe, the finance ministers of the G7 nations are reportedly scheduled to meet on Friday to decide secondary sanctions on ...
Vietnam Investigates Hackers Targeting National Credit Database Exposing Sensitive Financial Data
Vietnam is investigating a serious cyberattack on a large database that contains information about creditors across the country. The database belongs to the National Credit Information Center, also ...
U.S. will split profits with Tokyo from Japan-funded projects until $550 billion is recouped: Lutnick
Lutnick said the U.S. will initially split profits equally on projects funded through Japan's $550 billion investment.
Japan’s emperor and his family mourn Nagasaki atomic bomb victims, marking 80 years since tragedy
Japanese Emperor Naruhito, accompanied by his wife and daughter, have paid their respects to atomic bombing victims in Nagasaki as he wrapped up a tour to some of the worst-hit places in World War II ...
Indonesia says banks must use government liquidity boost for lending
Indonesia's state-controlled banks must use 200 trillion rupiah ($12.2 billion) in new government funding for lending, and not to buy bonds, Finance Minister Purbaya Yudhi Sadewa said on Friday, as the government takes steps to boost credit growth.
Will Indonesia’s US$80 billion sea wall hold firm against environmental critics?
Indonesia is hoping to involve China in the project along northern Java, as critics also question Jakarta’s ability to finance the wall.
Charlie Kirk’s killing opens opportunity for China and Russia
Charlie Kirk's killing has exposed U.S. divisions, creating an opening for foreign adversaries to exploit through disinformation.
Indonesia finance minister says banks must use government funds only for lending
Indonesia's Finance Minister Purbaya Yudhi Sadewa on Friday said that the 200 trillion rupiah ($12.2 billion) given to state-controlled banks must be used for lending, and not to buy bonds, as he sought to improve what he has called a "dry" banking system.