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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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    India Working On Developing 5G: President Lauds 'Digital India' Initiative

    President Ram Nath Kovind on Monday appreciated the vision of the government for the success of the country's Unified Payments Interface (UPI) platform in the context of Digital India.

    South Asia
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    Indian economy contracts by 6.6 per cent in 2020-21

    Indian economy contracted by 6.6 per cent in 2020-21 on account of outbreak of Covid-19 and subsequent nationwide lockdown to contain the coronavirus pandemic.

    Business
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    Iran offers rare glimmer of hope as $100 oil looms

    Oil prices are on track for their biggest monthly gain in almost a year following a series of retaliatory attacks by Yemeni forces in the UAE and Saudi Arabia.  

    Business
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    Lankan dash brand enters international markets

    Multichemi International Ltd, which manufactures and distributes a wide range of products under dash, one of Sri Lanka’s leading detergent and household care brands, has begun exporting its products.

    Business
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    ComBank named ‘Most Sustainable Bank in Bangladesh’

    Commercial Bank Bangladesh, Commercial Bank of Ceylon’s largest overseas operation, has been adjudged the ‘Most Sustainable Bank in Bangladesh’ at the close of 2021.

    Business
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    Iran, Russia to ditch dollar in bilateral trade

    Chairman of the Iran-Russia parliamentary friendship group says that Tehran and Moscow have reached good agreements in various fields. Ebrahim Rezaei told local media on Sunday.

    Business
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    Iran leader quotes US State Department saying sanctions failed

    In his speech Khamenei expressed disappointment at low GDP growth, lack of investments, a fast-growing liquidity problem leading to inflation and other serious problems the country faces.

    West Asia
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    Israel president on 1st visit to UAE amid regional tension

    Israel’s figurehead president arrived in the United Arab Emirates on Sunday in the first official visit by the country’s head of state, the latest sign of deepening ties between the two nations.

    World
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    As Omicron pushes the West to reopen, Asia hunkers down

    As Omicron pushes Western countries towards reopening, Asia is hunkering down, sharpening an East-West divide on the balance between public health, the economy and basic rights and freedoms.

    World
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    Tata regains Air India control after years of taxpayer bailouts

    Tata Sons Pvt formally took charge of debt-laden Air India Ltd., ending years of failed attempts to sell the money-losing airline that has been kept afloat with billions of dollars of taxpayer money.

    South Asia
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    'Unprofessional Move':Iran After Adani Ports Ban Container Trade

    Iran has criticised the decision to ban the import and export of containerised cargo from Iranian ports to all terminals by India’s private largest port operator, Adani Ports.

    Business
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    India sells struggling Air India back to Tata group in $2.4bn deal

    MUMBAI: Tea-to-software Indian giant Tata is buying back Air India, 89 years after founding it as Tata Air and half a century following its nationalisation, the government said on Friday.

    Business

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