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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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    China, India rivalry looms over BRICS summit

    China and India may have ended a tense border standoff for now, but their longstanding rivalry raises questions about the possibility of meaningful cooperation at an upcoming summit of major emerging economies.

    South Asia
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    McDonald’s to shut down 169 outlets in India

    The US burger chain, which has a presence in around 119 countries, said on Monday that it was terminating its agreement with Connaught Plaza Restaurant (CPRL) due to alleged breach of franchise agreements.

    Business
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    Saudi Arabia, Iraq to re-open border crossing after 27 years

    Saudi Arabia and Iraq plan to open the Arar border crossing for trade for the first time since 1990, when it was closed after the countries cut ties following Saddam Hussein’s invasion of Kuwait, Saudi local media.

    West Asia
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    China bans North Korean imports

    China will halt iron, iron ore and seafood imports from North Korea starting Tuesday, following through on new UN sanctions after US pressure for Beijing to strongarm Pyongyang over its ally's nuclear programme.

    Business
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    Kurds oppose Iraq-Iran oil pipeline

    Authorities in the autonomous Iraqi Kurdistan have opposed exporting oil from the northern fields of Kirkuk via Iran, marking their first escalation of a spat which has started with secessionist calls.

    Business
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    Darjeeling unrest threatens tea shortage

    In the dozens of lush green plantations across the picturesque hill station, the June-August harvest season normally provides the bulk of the nearly eight million kilos of tea sold a year – most of which goes to Europe.

    Business
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    India allowed to construct Kishanganga, ratle Hydroelectric Projects:WB

    The World Bank has said that India is allowed to construct hydroelectric power plants on the Jhelum and Chenab Rivers after secretary-level discussions between India and Pakistan on the technical issues.

    South Asia
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    Qatar files complaint to WTO against blockading Gulf nations

    Qatar has filed a complaint with the World Trade Organization over an "illegal siege" imposed by its Gulf neighbors, the commerce ministry said Monday.

    Business
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    UAE-based Etihad loses $1.87B in 2016

    The Abu Dhabi-based airline's loss comes during a tough time for the Gulf's long-haul carriers, as a diplomatic crisis with Qatar upended regional air routes and Trump administration's travel ban on six majority Muslim.

    Business
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    Sri Lanka Cabinet approves long-delayed port deal with China

    Sri Lanka’s cabinet cleared a revised agreement for its Chinese-built southern port of Hambantota on Tuesday, the government said, after terms of the first pact sparked widespread anger in the island nation.

    South Asia
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    US announces new sanctions against Iran

    The United States announced new sanctions against Iran on Tuesday over its ballistic missile programme and what it called Tehran's support for terrorist groups in the Middle East.

    West Asia
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    Kazakhstan, China ink $160 million in agricultural agreements

    Kazakhstan and China signed $160 million in agreements July 11 during the Kazakh-Chinese Agriculture Investment Forum held as part of a two-day visit to the capital by Chinese Minister of Agriculture.

    Business

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