China's Credit Rating Outlook Downgraded to 'Negative' by Fitch Ratings, Citing Risk From Debt Growth
Fitch Ratings has downgraded the outlook on China's sovereign credit rating from stable to negative.
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.
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 support package worth over $7.3 billion...
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...
Hong Kong Cracks Down Fake Crypto Exchange Using Elon Musk Deepfakes to Trick Investors
The public has been cautioned by the Hong Kong Securities and Futures ...
Latest News
Indian Businessman Jumps to His Death From the 19th Floor of a Star Hotel in Bengaluru
A 27-year-old Indian businessman died after jumping off from the 19th floor of a star hotel in India in an apparent suicide.
Russia, China Agree to Boost Economic and Security Ties to Counter US Dominance in Europe and Asia
Russia and China have announced plans to deepen their security cooperation in Asia and Europe to counter the US' attempts to exert dominance on these regions.
Hong Kong Discovers Over $10 Million Worth of Gold on Board a Cargo Plane Headed for Japan in Largest Smuggling Bust
Hong Kong officials confiscated an estimated $10.7 million worth of gold disguised as machine parts being shipped to Japan.
South Korea to Invest Nearly $7 Billion in AI to Maintain Semiconductor Chips Dominance
South Korea's President Yoon Suk Yeol said the government will invest 9.4 trillion won ($6.94 billion) in artificial intelligence (AI) by 2027 in a bid to maintain its global dominance in semiconducto
Russia Seeks Emergency Gasoline Supply From Kazakhstan as Ukraine Aims Drones at Oil Refineries: Report
Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries.
Salary Trend: These Jobs in Singapore See Wages Jump This Year!
According to a new report, certain tech positions in Singapore experienced a significant increase in wages, reaching as high as 11%, despite the overall decline in tech salaries in 2023.
Dutch Government Set to Comply With US Demands on Chip Exports to China
The Dutch government is reportedly set to comply with the US demand to tighten restrictions on semiconductor-related exports to China.
North Korea Bans Carrying Bags on One Shoulder Because That's How They Do It in Its Rival Country, South Korea
North Korea has banned carrying a bag with a strap on one shoulder because that's how they do it in its rival country, South Korea.
Indian Businessman Kills Wife, 4-Year-Old Daughter Before Committing Suicide by Hanging
An Indian businessman allegedly killed his wife and daughter before committing suicide inside their home in New Delhi, India.
