By Junaid Kathju An unexpected resurgence in ties between the United States and Pakistan amid Washington’s simmering tensions with India has turned the tables in the dynamics between the three nations, according to observers. US President Donald Trump last week imposed a 25 per cent tariff on goods imported from India, on top of a “penalty” […]
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 […]
Read MoreNEW DELHI/MOSCOW: At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new US sanctions, trade sources said, and LSEG trade flows showed. The US Treasury Department this week imposed sanctions on more than 115 Iran-linked individuals, entities, and ships, some of which are involved in […]
Read MoreBy Vlad Savov India has overtaken China to become the top source of smartphones sold in the US, after Apple Inc. shifted to assemble more of its iPhones in the South Asian country. In the quarter through June, India was the largest manufacturer of smartphones shipped to the US for the first time, accounting for […]
Read MoreRIYADH: A Saudi delegation visiting Damascus on Wednesday announced investment and partnership deals valued at $5 billion to help rebuild war-battered Syria. The delegation of some 150 investors and representatives of the Saudi public and private sectors, led by Investment Minister Khalid Al-Falih, attended a forum in Damascus. “The announced investments, valued at SR19 billion […]
Read MoreBy Joe Luc Barnes Almaty – Kazakhstan’s Halyk Bank has announced it will acquire a 49% stake in Uzbek digital payments company Click for $176.4 million, marking one of the largest cross-border banking investments in Central Asia to date. The deal values Click at approximately $360 million, highlighting the growing importance of digital finance in […]
Read MoreBy Liu Zhen China has staged a warfare demonstration using a full spectrum of uncrewed systems, underscoring its role as a leading global drone supplier, according to a state media report on Monday. The drone and counter-drone exercise at a testing ground in the Inner Mongolia autonomous region simulated the “seizure and control of critical […]
Read MoreKuwait and India signed a new air services agreement with an aim to increase weekly air capacity by 50 per cent, as reported by the Gulf News. This partnership will allow the airline operators to raise seats up to 18,000 per week, each direction, up from the previous limit of 12,000. The Gulf News reported […]
Read MoreBy Biman Mukherji India and Britain are poised to sign a long-awaited free-trade agreement during Prime Minister Narendra Modi’s visit to London this week, a deal analysts see as a signal that New Delhi is willing to shed its traditionally protectionist stance and engage more deeply with Western partners amid rising global trade tensions. The […]
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