Dollar Drops to Three-Week Low Against Japanese Yen as US Jobs Data Boosts Fed Cut Bets
The US dollar dipped to a three-week low against the Japanese yen on Friday following reports of US jobs and wage growth slowed down in April.
Asia/Pacific
Japan's Finance Minister Stresses Close Coordination with Bank of Japan
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
Former Economy Minister Gets 24 Years in Prison for Beating His Wife to Death — A Murder Case That Shocked Kazakhstan
A former economy minister of Kazakhstan was sentenced to 24 years in prison on Monday for beating his wife to death...
Lawrence Wong to be Sworn in as Singapore’s 4th PM on May 15
Singaporean Deputy Prime Minister Lawrence Wong is set to be sworn in as the city-state’s prime minister and retain his finance portfolio after Lee Hsien Loong’s 20-year leadership of the ASEAN nation..
India Secures 10-Year Chabahar Port Deal With Iran, Bypassing Rival Pakistan's Gwadar
India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tens..
South Korea to Provide Chip Investment and Research Support Package Valued Over $7 Billion
South Korea is planning to release a chip investment and research supp...
Chinese Companies Dominate Licensing Bids to Explore Iraq Oil and Gas Fields as US Snubs Energy Bidding Round
Chinese companies won five more bids to explore and develop oil and ga...
Latest News
South Korea Joins Digital Economy Partnership, Boosting Global Digital Trade Initiatives
South Korea joins the Digital Economy Partnership Agreement (DEPA), boosting global digital trade initiatives.
Joe Biden Says 'Xenophobia' Hinders China, Japan, and India's Economic Growth as US Benefits From Migration
President Joe Biden said "xenophobia" among countries like China, Japan, and India is impeding their economic growth, contrasting it with the US, which he claimed benefits from migration.
US Accuses Russia of Quietly Shipping Refined Petroleum to North Korea at Levels Violating UN Cap
The US has revealed that Russia has been discreetly supplying refined petroleum to North Korea at levels that seem to exceed UN Security Council limits.
Gold Scams on the Rise in China — Thousands Got Duped Into Buying Expensive Fake Jewelry
China is grappling with a rise in gold scams amid strong interest in the precious metal as an alternative investment.
Microsoft Increasing Presence in Southeast Asia With Substantial AI Investments in Thailand and Malaysia
Microsoft CEO Satya Nadella made big investments in Thailand and Malaysia and other initiatives to expand its Southeast Asian footprint and advance AI technologies.
Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology
The administration of President Joe Biden has announced nearly 300 new sanctions targeting international suppliers of military equipment technology accused of helping Russia in its war against Ukraine
Report: China Damages Philippine Vessel in Disputed South China Sea Shoal
The incident, which damaged a canopy on the Philippine Coastguard BRP Bagacay, occurred just outside Scarborough Shoal.
China’s Firms Reportedly Go Underground on Russia Payments to Avoid US Sanctions
Chinese firms operating in the Russian market are looking for alternate ways to facilitate trade with its northern neighbor, as they can no longer rely on large banks to finance such transactions.
Apple Secures Top Spot as Singapore's Best Employer for 2024, Google Ranks Second
The survey results also showed that being unhappy with work-life balance led more employees to leave their jobs.
