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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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    New oil terminal gives Iran greater geopolitical power

    The $2 billion Jask terminal officially became operational by loading 300,000 barrels on an oil tanker last Thursday, with President Hassan Rouhani hailing it a "historic day" when Iran.

    Business
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    Wakhan Corridor: A new great game in Central Asia?

    He who controls the heartland controls the world”- Halford Mackinder. The assertion of this concept is portrayed in contemporary dynamics of Central Asia, along with its emerging power struggles.

    Central Asia
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    China mulls turning tutoring companies into non-profits

    China is considering asking companies that offer tutoring on the school curriculum to go non-profit, according to people familiar with the matter, as part of a sweeping set.

    Business
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    Zomato IPO catapults founder towards list of Indian billionaires

    A 66% stock jump on debut turned Zomato Ltd founder Deepinder Goyal into a poster boy for India’s fledgling startup scene, pushing his fortune close to the $1bn mark.

    Business
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    US says India "remains challenging place" to do business

    India "remains a challenging place" to do business, the US has said, urging it to foster an attractive and reliable investment climate by reducing barriers to investment

    Business
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    Global stocks on worst run in 18 months amid Covid-19 surge

    Investors moved away from risky assets on Monday as a rise in worldwide coronavirus cases crushed bond yields and left stocks facing losing streaks, with Wall Street falling more than 1%.

    Business
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    Ben & Jerry’s to stop sales in occupied Palestinian territories

    Ben & Jerry’s ice cream said Monday it was going to stop selling its ice cream in the Israeli-occupied West Bank and East Jerusalem, saying the sales are “inconsistent with our values”.

    Business
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    Iran opens oil terminal to bypass strategic Strait of Hormuz

    Iran has started loading crude from a new oil export terminal built just outside the Strait of Hormuz, a key waterway which accommodates a fifth of the global oil supply.

    Business
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    12 Dead In Pak Bus Blast, China Says 'Bombing', Islamabad Says 'Gas Leak'

    Beijing said nine Chinese workers were among 12 people killed Wednesday by a bomb attack on a bus in northwestern Pakistan and called for severe punishment, but Islamabad blamed the explosion on a "gas leak".

    South Asia
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    China vows retaliation after US blacklists companies

    China on Sunday said it would take “necessary measures” to respond to the US blacklisting of Chinese companies over their alleged role in abuses of Uyghur people.

    World
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    India's Flagship Global Conference Kickstarts in Delhi

    Along with foreign ministers from 12 countries, including Russia, Iran and the European Union, the National Security Adviser of Afghanistan and the Deputy NSA of the United States will also present their ideas.

    South Asia
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    Oman's New Sultan Faces Diplomatic, Economic Challenges

    The new Sultan, Haitham bin Tariq named by Qaboos in a letter opened following his death, will now have to undertake serious economic reforms to safeguard Qaboos's legacy and maintain internal stability, analysts said.

    West Asia

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