MOSCOW: Kazakhstan on Wednesday urged the US and Europe to help secure the transport of oil following drone attacks on tankers heading to a Black Sea terminal on the Russian coast which handles one percent of global supply. Unidentified drones struck at least two oil tankers in the Black Sea on Tuesday, including one chartered […]
Read MoreBy Junaid Kathju India plans to lift long-standing restrictions on Chinese companies bidding for government contracts, a move officials say is aimed at easing shortages and project delays as relations with Beijing show tentative signs of stabilising. The proposal, first reported by Reuters, would roll back curbs, imposed after the two countries’ deadly 2020 border […]
Read MoreTaiwan prosecutors have issued an arrest warrant for the chief executive officer of Chinese smartphone maker OnePlus, alleging he was involved in illegal business and recruitment activities in Taiwan. Taiwan’s Shilin District Prosecutors Office said in a document it had indicted two Taiwanese citizens for helping OnePlus CEO Pete Lau illegally operate a business and […]
Read MoreBy Biman Mukherji German Chancellor Friedrich Merz’s first visit to Asia has raised India’s hopes for a long-awaited trade pact with the European Union as Berlin pushes for deeper engagement with South Asia amid heightened global tensions. Merz began his two-day visit to India on Monday by paying homage to India’s founding father Mahatma Gandhi […]
Read MoreThe Trump administration plans to replace the US ambassador to Vietnam with a nominee set on addressing “imbalanced” trade relations, as Hanoi’s goods trade surplus with Washington surpassed China’s in recent quarters while it was locked in unresolved tariff negotiations with Washington. On Sunday, current ambassador Marc Knapper will end his tenure after being abruptly […]
Read MoreRIYADH: Pakistan’s Ambassador to the Kingdom Ahmad Farooq has conferred the country’s second-highest civilian award on Saudi Arabia’s Minister of Commerce Majid Al-Kassabi for his role in strengthening ties between Islamabad and Riyadh, Pakistan’s Embassy in Saudi Arabia said. Farooq presented the Hilal-e-Pakistan to Al-Kassabi during a meeting in Riyadh, the Saudi Press Agency reported. […]
Read MoreBangladesh plans to sign a government-to-government (G-to-G) agreement with China to set up a military drone manufacturing facility, enhancing the country’s air defence capabilities. Ahead of the formal signing, the finance ministry on 6 January approved a project proposal – officially titled “Establishment of Manufacturing Plant and Transfer of Technology (ToT) for Unmanned Aerial Vehicles […]
Read MoreJi Siqi in Beijing and Xiaofei Xu in Paris China has banned the export of products with both commercial and military applications to end users linked to the Japanese military amid a protracted diplomatic row between Beijing and Tokyo. Effective immediately, the export of these items – known as “dual-use” goods – to those entities […]
Read MoreRIYADH: Saudi Arabia has reached the final implementation stage of launching a metals exchange after completing the feasibility study phase, the deputy minister of energy, industry and mineral resources revealed. In an interview with Asharq Bloomberg, Khalid Al-Mudaifer explained that the exchange aims to support the mining sector by providing financing tools, improving price stability, […]
Read MorePakistan’s leading business body has named its representatives to a newly formed committee aimed at managing border affairs with Afghanistan and addressing ongoing disruptions to cross-border trade. The Federation of Pakistan Chambers of Commerce and Industry said in a statement that the Pakistan–Afghanistan Border Management Committee will be tasked with resolving border-related issues, improving coordination […]
Read More
