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Russia’s government is considering a full ban on diesel exports to stabilize the domestic fuel market amid growing shortages and rising prices linked to Ukrainian drone attacks on oil refineries and supply networks.
Dubai developer Nakheel has launched 222 beachfront residences for sale at Palm Jebel Ali on the back of “strong demand” recorded for the megaproject.
Analysts say the plunge in the KOSPI on June 23 was a correction rather than a breakdown, attributing the selloff to a confluence of factors. (Photo by Mayumi Tsumita)
The Netherlands has protested Washington’s proposed Match Act, which would further curtail its semiconductor firms’ business in China
The Netherlands has protested Washington’s proposed Match Act, which would further curtail its semiconductor firms’ business in China
Malaysian Transport Minister Anthony Loke speaks at a forum on the country's commercial drone ambitions on June 24. (Photo by Norman Goh)
In this photo released by Xinhua News Agency, Chinese Premier Li Qiang, center, listens to enterprise introduction and report on the development of shipbuilding industry in Dalian at the Dalian Shipbuilding Industry Co., Ltd. in Dalian, northeastern China’s Liaoning Province on Monday, June 22, 2026. (Huang Jingwen/…
Inflation, which contracted 0.08% on the year in March, jumped to 2.89% in April as the effects of the Iran war began to push energy prices higher. (Photo by Lauren DeCicca)
Transactions on the Tokyo bourse in June have nearly doubled year-on-year amid soaring overseas investor activity. (Photo by Kazuho Fujiwara)
Japanese discount chain Don Quijote's new store in Tokyo targets overseas tourists with its displays. (Photo by Yuka Konishi)
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Eight companies and 12 individuals suspected of rigging bids for at least 11 building maintenance projects, including at Wang Fuk Court
Eight companies and 12 individuals suspected of rigging bids for at least 11 building maintenance projects, including at Wang Fuk Court
SEOUL, June 24 (Yonhap) -- SK hynix Inc. said Wednesday it plans to raise up to 45.45 trillion won (US$29.4 billion) via stock offering for the listing of its American depositary receipts (ADRs) on the Nasdaq market in order to fund its production facility purchases.
A mutually beneficial pact must acknowledge a new economic reality and more fully tap the potential for two-way investment
A mutually beneficial pact must acknowledge a new economic reality and more fully tap the potential for two-way investment
The Adani Group has identified land parcels for nuclear power plants as looks to benefit from the liberalization of India's nuclear energy laws late last year. © Reuters
Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani said that the Gulf state would resume its usual levels of liquefied natural gas production “within a few weeks”, the Financial Times reported on Wednesday.
Electricity companies will be forced to justify increases in supply charges on household bills after Energy Minister Chris Bowen escalated concerns about sudden pricing changes to federal regulators.
A phone case seller in Kediri, East Java, uses a candle to show customers items during a power outage on June 16. (Antara)
A phone case seller in Kediri, East Java, uses a candle to show customers items during a power outage on June 16. (Antara)
WASHINGTON, D.C. — Donald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces criticism over the impact of the Mideast war.
Defense stocks plummeted on Wednesday after a report that Germany will abandon plans to build six warships, fuelling investor fears that the boost to defense contractors from increased government spending may not fully materialize.
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
Arcapita Group Holdings Limited, the global alternative investment firm, and Hines, one of the world’s largest real assets investment managers, are to partner to explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf Co-operation Council.
AD Ports increased its stake in Global Feeder Shipping to 81 per cent through a Dh1.1 billion ($300 million) deal funded by debt and asset monetisation.
Samsung's financial affiliates surpassed 100 trillion won ($65 billion) in capital for the first time at the end of 2025, accounting for most of the capital growth among South Korea's major financial groups as a stock market rally boosted investment gains.
Financial Secretary Paul Chan discusses penalties on three brokerages at SCMP closed-door event
Financial Secretary Paul Chan discusses penalties on three brokerages at SCMP closed-door event
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MANILA, Philippines — A program designed for members of the Social Security System (SSS) has posted an average return of investment (ROI) of 6.2 percent from January to May this year despite the prevailing economic challenges, its top official revealed on Wednesday.
Beijing’s No. 2 official played down worries about the disruption wrought by his country’s surging exports on the global economy, instead championing the benefits provided to the world by China’s development.
US President Donald Trump has said he has ordered an investigation into major energy companies, accusing them of "gouging" drivers by not cutting fuel prices after wholesale oil costs fell on global markets.
South Korean stocks rebounded more than 3 percent Wednesday as investors snapped up major semiconductor shares following one of the market's steepest declines on record in the previous session. The local currency weakened against the US dollar.
True North Copper is pushing its Cloncurry copper project towards a December-quarter prefeasibility study (PFS) and ore reserve.
Citi analysts say 5 largest Chinese-owned groups – SAIC, BYD, Geely, Chery and Leapmotor – have 10.6 per cent share of wider European market
Citi analysts say 5 largest Chinese-owned groups – SAIC, BYD, Geely, Chery and Leapmotor – have 10.6 per cent share of wider European market
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MANILA, Philippines — Interior Secretary Jonvic Remulla on Wednesday said business tycoon Manny V. Pangilinan was also summoned by the Criminal Investigation and Detection Group to appear before its fact-finding probe into the deaths of Ateneo de Manila University (ADMU) basketball players.
When a gold major takes a $550,000 bite out of a junior explorer, the market tends to sit up and take notice. Augustus Minerals just felt that attention as a subsidiary of multi-billion-dollar producer Gold Fields emerged with a 5.33 per cent substantial holding in the company.
Morgan Stanley has sharply raised its outlook for China's humanoid robotics market, saying the industry's shift from demonstration to commercial deployment has proved faster than expected.
SEOUL, June 24 (Yonhap) -- South Korean stocks rebounded more than 3 percent Wednesday as investors snapped up major semiconductor shares following one of the market's steepest declines on record in the previous session.
Standard Chartered Bank Korea is broadening its private banking services beyond traditional wealth management and offering exclusive art and education programs for affluent clients and their families.
Foreign exchange access remains key hurdle despite Seoul's push to align market infrastructure with developed market standards
Taxis from VinFast-backed Green SM roll through Almaty, Kazakhstan. Green SM accounts for about 13% of VinFast's electric vehicle sales. (VinFast)
Oil exports from the UAE in early June recovered to reach nearly 85 per cent of prewar levels, as the country used alternative shipping routes and pipelines, the International Energy Agency said.
SAN FRANCISCO — Meta on Tuesday launched a new line of smart glasses priced slightly lower than its Ray-Ban-branded glasses, as competition heats up in the AI-powered wearable tech space.
Airbus A380 aircraft operated by Emirates airline and Qantas will undergo urgent inspections by the European aircraft manufacturer after cracks were discovered in key wing structures.