Finance Minister Purbaya Yudhi Sadewa said the idea to impose a levy was inspired by Iran’s plan to charge ships passing through the Strait of Hormuz. Singapore and Malaysia have however said that …
Volkswagen to expand China-made EV exports to emerging markets
The move comes as China’s car market faces softer demand, leaving the industry with excess capacity and sharper price competition while domestic carmakers increase their overseas presence.
S. Korea-US critical minerals agreement finalized, says Bessent
Bessent made the remarks during a meeting with South Korea’s Finance Minister Koo Yun-cheol in Washington on Friday, the Treasury Department said in …
India, South Korea target doubling trade by 2030
India and South Korea aim to double bilateral trade to $50 billion by 2030, the leaders of both countries said on Monday following talks in New Delhi. “We aim to increase the current $25 billion level …
India, South Korea target doubling trade by 2030
India and South Korea aim to double bilateral trade to $50 billion by 2030, the leaders of both countries said on Monday following talks in New Delhi. “We aim to increase the current $25 billion level …
South Korea, U.S. agree that Korean won’s excessive volatility not desirable
SEOUL, April 19 (Reuters) – South Korean Finance Minister Koo Yun-cheol and U.S. Treasury Secretary Scott Bessent agreed that excessive volatility in the Korean won was not desirable and that they …
Trump extends Iran ceasefire after insisting he wouldn’t hours earlier, citing a ‘seriously fractured’ Iran
The president promised a “great deal” before the opening bell and extended the ceasefire after the closing one.
Japan finance minister to meet banks to discuss Mythos AI model, Bloomberg News reports
April 21 (Reuters) – Japan’s Finance Minister Satsuki Katayama plans to meet the country’s biggest banks and other financial institutions as early as this week to discuss Anthropic PBC’s latest AI …
Nepal scraps monthly pay cycle, rolls out fortnightly salaries for govt staff
Under the new system, employees will receive their salaries in two equal parts every 15 days instead of a single payment at month-end.
Nepal: Govt Employees Paid Fortnightly
Nepal government to pay employees fortnightly to boost spending and revitalise the economy. New rule divides monthly salaries in half.