Oil Prices

Oil Prices Slide for Second Straight Session Amid Supply Concerns and Strong Dollar

Oil prices continued their downward trajectory for the second consecutive session on Tuesday. This decline is attributed to technical corrections following last week’s gains, compounded by forecasts of ample supply and the impact of a robust U.S. dollar. By 0148...
Earthquake

Powerful Earthquake Shakes Nepal, Sparking Panic in Kathmandu Valley

A powerful earthquake struck Nepal early Tuesday morning, sending waves of panic across the nation and prompting thousands of residents to flee their homes in fear. The tremor, which jolted various parts of the country including the densely populated Kathmandu...
South Korea anti-corruption agency

Impeached South Korean President Yoon Suk Yeol Evades Arrest as Deadline Looms

Impeached South Korean President Yoon Suk Yeol appeared poised to evade arrest ahead of a critical Monday night deadline, as anti-graft investigators scrambled to extend a warrant that was set to expire at midnight. The embattled former prosecutor has steadfastly...
Azerbaijan Airlines passenger plane at the crash site near the city of Aktau, Kazakhstan

Azerbaijan President Blames Russia for Fatal Airline Downing

Azerbaijan’s President Ilham Aliyev issued a stern rebuke to Russia on Monday, accusing Moscow of responsibility for the downing of an Azerbaijan Airlines Embraer 190 jet last month. The tragic incident, which resulted in 38 fatalities out of the 67...
Antony Blinken

US Secretary of State Antony Blinken Highlights Need for Stronger Trilateral Cooperation After North Korean Missile Test

On the Korean Peninsula, North Korea fired an intermediate-range ballistic missile (IRBM) on Monday, coinciding with US Secretary of State Antony Blinken's visit to Seoul. The launch, which sent the missile flying over 1,100 kilometers east before it splashed down...
India National Security Advisor Ajit Doval- Chinese Foreign Minister Wang Yi.

India-China Relations: December 18 Meeting Marks an Important Step, but Challenges Persist

The meeting on December 18, 2024, between India’s National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi in Beijing, marked a cautious step toward normalizing relations between the two nations. As the 23rd meeting of the Special Representatives...
Thailand

Thailand Inflation Returns to Target Range, Bolstered by Rising Energy and Food Prices

Thailand’s inflation rate has returned to the central bank’s target range for the first time since May 2023, as rising energy and food prices propelled headline inflation upward in December. The country’s economic trajectory, was characterized by subdued inflationary pressures...
Indonesia Currency

Indonesia’s 2024 Budget Deficit Smaller Than Expected But Larger Than 2023’s Gap

Indonesia’s unaudited budget deficit for the 2024 fiscal year was reported at 2.29% of the country’s gross domestic product (GDP), according to data released by the finance ministry on Monday. The figure is smaller than the previously estimated 2.7% but...
China's Consumer Prices Rise Less Than Expected in September; Factory-Gate Charges Continue Decline for 24th Month

China’s Mental Health Crisis: Can New National Hotline Address Growing Pressure Faced by Its Citizens?

China’s National Health Commission (NHC) unveiled a new centralized mental health hotline, 12356. However, the helpline’s launch has been met with mixed reactions, especially due to the absence of the number four, leading to its pronunciation as "mei si," which...
UBS Group AG

UBS Group AG Expands in Japan: A Strategic Push into High-Yield Structured Investments

UBS Group AG, the Swiss multinational investment bank, has made a significant move to enhance its presence in Japan's lucrative market for high-yield structured investments and tailored derivative products. In a strategic hiring spree, UBS's Tokyo brokerage arm has recruited...
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