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    South Korean President apologises for martial law, but doesn't resign

    South Korean President Yoon Suk Yeol on Saturday apologised for his attempt to impose martial law this week but did not resign, defying intense pressure to step down even from some in his ruling party

    Southeast Asia
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    Trump threatens 100% tariff on BRICS members if they dump dollar

    US President-elect Donald Trump warned BRICS — a China- and Russia-backed group of emerging economies — against any move to replace the US dollar threatening 100% tariffs if they fail to give any commitment.

    Business
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    Indian Economy In 'Sweet Spot', Says Moody's, Forecasts 7.2% Growth In 2024

    Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.

    Business
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    Vistara Bids Goodbye, Ends 9 Year Long Flight

    Vistara — a joint venture between​ Tatas and​ Singapore Airlines— has now merged with​ Air India, creating an enlarged entity that is now the country’s largest international carrier.

    Business
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    Israel, Turkey Restore Full Diplomatic Ties

    Prime Minister Yair Lapid and Turkish President Recep Tayyip Erdogan spoke on Wednesday and agreed on reinstating their respective ambassadors and general consuls, thus restoring full diplomatic ties.

    West Asia
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    Liz Truss Leads Race To Become Britain's Next PM: Poll Of Party Members

    Britain's Foreign Secretary Liz Truss is 22 percentage points ahead of her rival Rishi Sunak in the contest to become the country's next prime minister, a poll of Conservative Party members by Opinium Research showed.

    World
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    Russia Launches Iran Satellite, Stokes Ukraine Surveillance Concerns

    An Iranian satellite launched by Russia blasted off from Kazakhstan Tuesday and reached orbit amid controversy that Moscow might use it to boost its surveillance of military targets in Ukraine.

    Technology
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    Explosive Situation In Gaza Following Friday’s Bloodbath

    Israeli jets have pounded the besieged Gaza Strip for a second day following a wave of air strikes on the coastal enclave that killed at least 15 people, including a five-year-old girl.

    World
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    Kazakhstan Ranks 79 Among 132 Economies Featured In Global Innovation Index 2021

    NUR-SULTAN – Kazakhstan is ranked 79th out of 132 economies for its innovation capabilities, taking third place among the 10 economies in Central and Southern Asia, according to the Global Innovation Index 2021.

    Business
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    Russia To Launch Iran’s Most Advanced Monitoring Satellite

    Russia is set to launch an advanced satellite on behalf of Iran on 9 August, substantially boosting Iran’s current space capabilities, according to a statement by Roscosmos space agency.

    West Asia
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    Israel Pummels Gaza With Airstrikes, Palestinian Resistance Responds

    The Israeli army continued its offensive campaign on the Gaza Strip into the night of 5 August, killing at least 10 people and injuring dozens more. Palestinian resistance groups launched dozens of rockets in retaliation

    World
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    Hezbollah Does Not Rule Out ‘War’ With Israel Over Disputed Gas Field

    The Lebanese resistance movement of Hezbollah does not rule out going to war with Israel over the regime’s attempts at impinging on Lebanon’s natural resources.

    West Asia
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    50 Indian items face heat as US revokes duty-free privileges on import of 90 products

    The US on Thursday revoked duty-free concessions on import of at least 50 Indian products, mostly from handloom and agriculture sectors, reflecting the Trump administration’s tough stand on.

    Business
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    Pakistan secures $6 billion rescue package from Saudi Arabia

    Pakistan said Saudi Arabia will provide a $6 billion package of loans and deferred payments in an effort to resuscitate Islamabad's flagging economy, struggling under the weight of a whopping $18.

    South Asia
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    Why India Will Struggle to Join Iran’s Sanctions Busters

    The country’s biggest oil buyers haven’t booked any cargoes from Iran for November, potentially cutting imports to zero, officials at the companies told Debjit Chakraborty, Dhwani Pandya and Javier.

    Business
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    Saudi hosts investment forum under Khashoggi shadow

    Saudi Arabia opened an investment conference on Tuesday despite a wave of cancellations from policymakers and business titans over the murder of journalist and government critic Jamal Khashoggi.

    Business
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    Pakistan to seek IMF bailout to overcome financial crisis

    After months of speculation, Pakistan's new government has decided to approach the International Monetary Fund (IMF) for financial assistance as it faces an economic crisis marked.

    Business
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    Saudi Arabia says met US demand to replace Iran oil

    nder pressure from the US to lower oil prices, Saudi Arabia says it has already replaced Iranian crude lost to US sanctions.The announcement was made by Saudi Crown Prince Mohammed bin Salman who told Bloomberg.

    West Asia
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    Saudi king wouldn't last 2 weeks without US: Trump

    "We protect Saudi Arabia. Would you say they're rich? And I love the King, King Salman. But I said 'King - we're protecting you - you might not be there for two weeks without us - you have to pay"

    West Asia
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    Iran Wins At Hague: ICJ Orders US to Lift Sanctions

    Trump received a major blow Wednesday after the ICJ ordered US to halt the unilateral sanctions it recently re-imposed on Iran giving Islamic republic a symbolic victory in the United Nations’ top court.

    World
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    India to continue import of oil from Iran: Iranian foreign minister

    India is committed to buying Iranian oil and continuing the two nations' economic cooperation, the Iranian foreign minister said after a meeting with his Indian counterpart and ahead of US.

    Business
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    Saudi Arabia to finance three CPEC projects

    The government of Saudi Arabia has signed three grant agreements with Pakistan to finance three road infrastructure and energy projects under the China Pakistan Economic Corridor (CPEC).

    South Asia
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    Rouhani slams US 'economic terrorism' in clash with Trump

    "We were engaged in the fight against Daesh, a distorted representation of Islam, before their attacks in Paris, London and Brussels. World will not have a better friend than Iran, if peace is what it seeks.”

    World
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    Indo-Pak trade potential stands at $37 billion: World Bank

    India and Pakistan have merely scratched the surface of their bilateral trade potential, as a World Bank report released on Monday estimates that trade between the two countries today is a mere.

    Business

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