Trump criticises USAID funding for India, sparks diplomatic tensions

US President Donald Trump has criticised the United States Agency for International Development (USAID) for allegedly allocating funds to interfere in India’s electoral process, questioning why American taxpayers’ money was being sent to the country. Speaking at the Conservative Political Action Conference (CPAC) in Washington on Sunday, President Trump alleged that India already benefits from […]

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Almost 90% of Japanese companies see Trump as bad for business: Survey

Almost nine out of 10 Japanese companies expect U.S. President Donald Trump’s policies to negatively affect business, a Reuters survey showed on Thursday, the clearest sign yet of mounting worry in the United States’ top foreign direct investor. The results of the survey show how the prospect of higher tariffs and increased trade friction between […]

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South Korea police building case against Yoon for obstructing arrest

A South Korean court issued an arrest warrant for Yoon on December 31 in a criminal investigation accusing the suspended leader of insurrection over his martial law decree last year. South Korean police are formally building a case against impeached President Yoon Suk Yeol over accusations he obstructed the execution of an arrest warrant, a […]

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“Concerned Over Pakistan Army, ISI Presence In Bangladesh”: India Army Chief

India Army Chief General Upendra Dwivedi stated that he was concerned about the presence of Pakistan Army and ISI officials in Bangladesh areas close to India’s Chicken’s Neck area Speaking to ANI in an exclusive interview, General Dwivedi said that they must make sure that those anti-India elements must not be able to use that […]

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Sri Lanka not seeking to renegotiate Adani power deal, says top official from Energy Ministry

Sri Lanka has clarified that it is not looking to renegotiate the controversial power deal with Indian energy giant Adani Group, despite rising concerns over the terms of the agreement. A senior official from Sri Lanka’s Energy Ministry made the statement, reaffirming the government’s stance on the deal, which has been a topic of heated […]

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Speaker of Azerbaijani Parliament meets with Speaker of National Council of Bhutan

Sahiba Gafarova, Azerbaijan’s Speaker of Milli Majlis, met with Lungten Dorji, Speaker of the National Assembly of the Kingdom of Bhutan, who is visiting Azerbaijan to participate in the 15th plenary session of the Asian Parliamentary Assembly (APA) in Baku. During the meeting, Speaker Sahiba Gafarova said that it was the first visit from the […]

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BII and Sanima Bank sign $15 million loan deal to support clean energy sector in Nepal

British International Investment (BII), the UK’s development finance institution, has signed a $15 million trade loan agreement with Sanima Bank of Nepal. The credit facility will support Sanima Bank’s trade finance activities, funding the import of capital goods for renewable energy projects, particularly in hydropower, as well as manufacturing, food, and agriculture. Hydropower accounts for […]

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Erdogan’s fight with Turkish business stirs economic concern

President Tayyip Erdogan has escalated Turkey’s battle with its top business group, expanding a broad political crackdown on dissent and raising the stakes for his government’s economic turnaround programme, analysts say. On Thursday, an Istanbul court banned international travel by two executives of the association TUSIAD in an investigation of their remarks on democracy that […]

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Saudi Arabia invites leaders of Gulf states, Egypt and Jordan for talks

Saudi Crown Prince Mohammed bin Salman has invited the leaders of Gulf Arab countries, Egypt, and Jordan for a meeting in Riyadh on Friday, the Saudi state news agency SPA reported on Thursday. Arab states have pledged to work on a post-war plan for the Gaza Strip’s reconstruction to counter U.S. President Donald Trump’s proposal […]

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KKR lifts stake in Japan’s Fuji Soft, ending bidding war with Bain

Japan’s Fuji Soft (9749.T), opens new tab said on Thursday that KKR (KKR.N), opens new tab now owns nearly 58% of the company after the second stage of a tender offer, ending a fierce battle with rival Bain Capital to take the software developer private. The two private equity powerhouses had engaged in a protracted […]

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