Sri Lanka Central Bank

Sri Lanka Eyes Stronger Economic Recovery Following Impressive GDP Growth in 2024

Sri Lanka's economy is poised for a significant rebound in 2025, building on the momentum of an impressive 5 percent real GDP growth in 2024, the highest in seven years. This growth marks a critical turning point as the island...
7-Eleven

Japanese Economy Minister Labels Seven & i Buyout a National Security Concern

Japan's growing sensitivity towards foreign acquisitions, Economy Minister Ryosei Akazawa declared on Wednesday that a potential takeover of retail giant Seven & i Holdings Co. by foreign entities could pose serious national security risks.  The company, widely recognized for its...
Security personnel conduct checks at the entrance gate inside the compound of the presidential residence of impeached South Korean President Yoon Suk Yeol, as seen from a hill in Seoul

South Korea’s President Yoon Suk Yeol Faces Renewed Arrest Threat Amidst Escalating Political Turmoil

South Korean President Yoon Suk Yeol faces a renewed and potentially more forceful attempt to arrest him on insurrection charges. The head of the Corruption Investigation Office for High-ranking Officials (CIO), Oh Dong-woon, vowed to take all necessary measures to...
Sydney, Australia

Australian Inflation Edges Up in November Amid Rising Electricity Costs, Core Inflation Trends Downward

Australia's consumer price inflation slightly increased from three-year lows in November, primarily driven by a sharp rise in electricity costs. However, the overall drop in core inflation metrics has strengthened arguments for a potential interest rate cut by the Reserve...
Stock information display in Shanghai

Asian Markets Drift Lower Amidst U.S. Rate Concerns and Robust Dollar

Asian stocks edged lower on Wednesday, reflecting investor apprehensions as a strong U.S. dollar kept the yen pinned near six-month lows. Market sentiment was dampened by the realization that the Federal Reserve may be slow to reduce interest rates, following...
Samsung

Samsung Shares Rise as Nvidia’s Jensen Huang Backs Company Amid AI Memory Struggles

Samsung Electronics Co.’s shares experienced a notable uptick following remarks by Nvidia Corp. founder Jensen Huang, who expressed confidence in Samsung’s capability to overcome the technical challenges hampering its cutting-edge memory products. This optimism provided a much-needed boost to the...
Tencent

Tencent’s Record Share Buyback Amid US Blacklist Fallout

In an unprecedented move, Tencent Holdings Ltd., China’s most valuable tech giant, executed its largest share buyback in nearly two decades following a steep selloff triggered by its addition to a U.S. blacklist for alleged ties to the Chinese military....
Rafale M fighter aircraft operating on France's aircraft carrier

Indo-French Defense Ties: From Gnat to Rafale; How the Indian Air Force’s Evolving Fleet Has Bolstered National Defense Against China and Pakistan

The Indo-French defense relationship, a cornerstone of strategic cooperation, spans decades, originating in the 1950s when India acquired its first French fighter aircraft, the Toofani. Over the years, this partnership has grown into a robust alliance with notable acquisitions like...
South Korea Transport Minister, Park Sang-woo

South Korea’s Transport Minister Resigns Over Deadly Jeju Air Crash

South Korea’s Transport Minister, Park Sang-woo, announced his intention to resign on Tuesday, January 7, taking responsibility for the tragic crash of Jeju Air flight 7C2216. The fatal accident, which occurred on December 29, has cast a somber shadow over...
vietnam currency

Vietnam Central Bank to Maintain Flexible Monetary Policy, Global Uncertainties

Vietnam’s central bank announced its commitment to maintaining a flexible monetary policy aimed at controlling inflation, while closely monitoring the economic policies of U.S. President-elect Donald Trump. This approach is intended to allow the country to adjust its domestic policies...
Loading posts...

All posts loaded

No more posts