- November 20th, 2024
Oil prices experienced slight gains on Wednesday, buoyed by an intensification of the Ukraine conflict and increasing crude imports by China, the world’s largest oil importer. However, these price increases were tempered by a significant rise in U.S. crude oil...
Sony Group Corp. is reportedly exploring a potential takeover of Kadokawa Corp., a renowned Japanese publisher and entertainment giant, in what could mark a significant expansion of its intellectual property (IP) portfolio. This move would further solidify Sony’s dominance in...
Bitcoin, the largest and most widely recognized cryptocurrency, surged to an all-time high of $94,078, fueled by speculation that former President Donald Trump’s media company is negotiating an acquisition of crypto trading platform Bakkt. The report, combined with optimism about...
The International Monetary Fund (IMF) has sounded a cautionary note about the growing risk of escalating tariffs in undermining Asia’s economic prospects. Speaking at a forum on systemic risk in Cebu, IMF Asia-Pacific Director Krishna Srinivasan highlighted the potential impact...
Chinese and Russian foreign ministers met on the sidelines of the Group of 20 (G20) meeting in Brazil to deliberate on pressing international issues and reaffirm their strategic partnership. The discussions spanned bilateral relations, the ongoing conflict in Ukraine, and...
South Korean President Yoon Suk Yeol has announced a significant 45% increase in the nation's contribution to the World Bank's International Development Association (IDA), signaling South Korea's commitment to global development. This pledge, totaling approximately 845.6 billion won (US$608.26 million),...
Lee Jae-myung, the leader of South Korea’s Democratic Party and a prominent opposition figure, was indicted on Tuesday, November 19, for allegedly misusing more than 100 million won (US$71,900) of public funds during his tenure as governor of Gyeonggi Province...
The Group of 20 (G20) leaders concluded their annual summit in Brazil on Tuesday, leaving analysts and observers underwhelmed with the outcomes of their joint declaration. The meeting, which brought together the world’s major economies, failed to meet expectations, particularly...
United States Defense Secretary Lloyd Austin reaffirmed the strength and resilience of the U.S.-Philippines alliance during a visit to the Philippine military's Western Command on Palawan island. In his statement, Austin underscored that the partnership between the two nations would...
North Korean leader Kim Jong Un met with Russian Minister of Natural Resources and Ecology Alexander Kozlov on Monday to discuss trade, science, and technology cooperation, according to the state-run Korean Central News Agency (KCNA). This meeting underscores the strengthening...
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