Tag: Asia Economy
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Ukraine is raising the cost of war for Russia — and testing Putin’s resolve
A string of political victories and deep-strike successes has bolstered confidence in Ukraine amid its long-running war with Russia.
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MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade risk
The review comes amid hopes that Seoul could be included in MSCI’s Developed Markets watchlist.
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U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
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Singapore inflation holds at 1.8% in May, cooler than expected as services costs ease
Core inflation, which strips out accommodation and private transport costs, came in at 1.4%
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How a $4 billion Indian startup won Meta’s backing but lost its founder to WhatsApp
Indian fintech startup Cred will raise $900 million in a round led by Meta, but has lost its founder and CEO to WhatsApp.
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Beijing is summoning executives again, but here’s why that’s causing less worry than in 2021
Beijing is summoning tech executives for meetings as it did in 2021, but now it has less room to wield a heavy hand due to deflation and rivalry with the U.S.
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Why a 66-year-old water treaty is becoming the latest India-Pakistan flashpoint
India and Pakistan are locked in a dispute over the Indus Water Treaty after New Delhi suspended the pact, raising concerns about regional stability.
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China imposes trade curbs on dozens of U.S. firms in retaliation for Pentagon blacklist
The Pentagon earlier this month updated its so-called 1260H list by adding a slew of Chinese technology companies to a roster of entities it believes have aided Beijing’s military.
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U.S., Iran agree on roadmap for final deal and plan to end military operations in Lebanon
The talks were the first round of negotiations under a memorandum of understanding signed last week, which extended a tenuous ceasefire by 60 days.
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Massive bonuses for South Korea’s chip workers puts central bank on inflation alert
Workers from tech industries receive bonus worth millions of won, prompting the Bank of Korea to warn of the upward pressure to inflation.
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