Kazakhstan has praised Russian President Vladimir Putin and U.S. President Donald Trump for their meeting in Alaska, describing it as “the beginning of high-level negotiations on the situation in Ukraine.” President Kassym-Jomart Tokayev “regards the summit as a historic event, made possible by the political will and sincere determination of both leaders to seek common […]
Read MoreBy Sadokat Jalolova Central Asia is set to remain one of the world’s fastest-growing regions, although its economic momentum is expected to moderate in the coming years, according to the World Bank’s Spring 2025 Europe & Central Asia Economic Update. The region posted a growth rate of 5.5% in 2024, with projections of 5.0% for […]
Read MoreBy Maria Siow Vietnamese leader To Lam’s state visit to South Korea this week has offered a first glimpse of President Lee Jae-myung’s new foreign policy direction for Southeast Asia, as both countries seek to navigate US-China rivalry and Washington’s economic upheaval. The four-day visit began on Monday, with the two leaders pledging to deepen […]
Read MoreBy Biman Mukherji For decades, India’s economic rise has been intertwined with the fortunes of its trading partners, none more so than the United States. Now, as Washington moves to impose punitive tariffs, industry leaders and policymakers alike are asking how the world’s most populous democracy might build a more self-reliant, resilient economic future. The […]
Read MoreBeijing: China voiced its opposition to the US announcement of tariffs against India. The Spokesperson of China’s Ministry of Foreign Affairs, Guo Jiakun, in his press briefing while responding to media queries called the act an ‘abuse of tariffs’. When asked on comments on Trump’s executive order to place an additional 25 percent tariff on […]
Read MoreUnited States President Donald Trump has issued an executive order imposing an additional 25-percent tariff on goods from India, as penalty for importing Russian oil. Wednesday’s hike comes in addition to the 25-percent tariff India already faces, making it subject to one of the US’s highest import tax brackets under Trump, at a total of […]
Read MoreRamifications of the tariff deal that Japan frantically negotiated with the Trump Administration in recent weeks are still reverberating in Tokyo. On Monday, Prime Minister Shigeru Ishiba said the government is ready to draw up an additional budget to manage the economic impact from US tariffs. And that likely means a further burden for the […]
Read MoreTesla has granted 96 million new shares worth about $29 billion to CEO Elon Musk, a move aimed at keeping the billionaire entrepreneur at the helm as he fights a court ruling that voided his original pay deal for being unfair to shareholders. In 2024, a Delaware court voided Musk’s 2018 compensation package, valued at […]
Read MoreBy Aidan Jones For days, the piercing whistle of Cambodian rockets sent 69-year-old Kantapong Prakaew scrambling for cover in his makeshift bunker – a frail fortification against the conflict in Thailand’s Surin province. He is one of the few elderly residents who refused to flee, holding out as artillery fire ravaged the fields and wrecked […]
Read MoreIndia is engaged in trade talks with the United States, an Indian government source with knowledge of the discussions said on Friday, a day after US President Donald Trump signed an order imposing a 25% tariff on New Delhi’s exports. Trump set steep import duties on dozens of trading partners, including a 35% tariff on […]
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