DHAKA, June 1, 2025;— Indonesian Vice Foreign Minister Arrmanatha Christiawan Nasir on Monday called for enhanced trade, investment, and cultural ties between Bangladesh and Southeast Asia’s largest nation, saying Jakarta is eager to deepen its engagement with Dhaka. Mr. Nasir made the remarks during a meeting with Bangladesh’s Chief Adviser, Professor Muhammad Yunus, at the […]
Read MoreSaudi Arabia’s Foreign Minister Prince Faisal bin Farhan Al-Saud said on Saturday that the kingdom will jointly offer with Qatar financial support to state employees in Syria. “The kingdom will provide with Qatar joint financial support to state employees in Syria,” Bin Farhan said during a press conference with his Syrian counterpart Asaad al-Shibani in […]
Read MoreBy Kandy Wongin Hong KongandFrank Chenin Shanghai American retail giants are now demanding that their Chinese suppliers shoulder half to 66 per cent of the cost of US import duties, as the ongoing US-China trade war ramps up pressure on businesses’ bottom lines, industry sources told the Post. US retailers have been locked in talks […]
Read MoreBy Catherine Putz In 2013, Chinese leader Xi Jinping announced the land-based portion of what we now call the Belt and Road Initiative (BRI) in a speech delivered in Kazakhstan’s capital, Astana. More than a decade – and more than a trillion dollars in FDI across Asia, Africa and Latin America – later, China is […]
Read MoreKUALA LUMPUR, Malaysia – The Southeast Asian bloc ASEAN on Tuesday, May 27, announced an ambitious strategic plan that includes harmonizing trade standards and greater financial integration in an effort to collectively become the world’s fourth-largest economy. The five-year, 41-page plan for the 10-member Association of Southeast Asian Nations, released during a leaders’ summit in […]
Read MoreSoutheast Asian leaders meet Monday for their first summit since Donald Trump’s tariff policies upended global economic norms, with the trade-dependent nations expected to issue a joint message of deep concern over recent US actions. The Association of Southeast Asian Nations (ASEAN) will also tackle pressing regional issues, attempting to increase pressure on Myanmar’s military […]
Read MoreMorgan Stanley, a global financial services firm, on Wednesday modestly upgraded its forecast for the Indian economy to 6.2 per cent year-on-year for financial year 2026, up from 6.1 per cent and 6.5 per cent for FY 2027, up from 6.3 per cent. “We upgrade our growth forecasts modestly to 6.2% YoY (vs. 6.1%) for […]
Read MoreTata Electronics has initiated the assembly of iPhone models, including iPhone 16 and iPhone 16e, at their Hosur facility amid US President Donald Trump urging Apple CEO Tim Cook to move production out of India. This development could potentially position Tata as a significant player in the mainstream smartphone supply chain, a field currently dominated […]
Read MoreIndia’s markets regulator has threatened two Mauritus-based funds with investments in the Adani Group that they could face penalties and cancellation of licences for not sharing shareholding details despite repeated requests over two years, according to a document reviewed by Reuters. The Adani Group and its 13 offshore investors have been facing an investigation by […]
Read MoreChinese Vice Premier He Lifeng resumed talks with US Treasury Secretary Scott Bessent on Saturday afternoon in Geneva in a tentative first step towards defusing a trade war that is disrupting the global economy. Bessent and He were meeting in Geneva after weeks of growing tensions in which duties on goods imports between the world’s […]
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