Paraguayan President Santiago Peña has resigned after parliament initiated impeachment proceedings against him over alleged irregularities linked to the collapse of Ueno Bank, a financial crisis that has triggered protests and left
Singapore has raised more than S$1.1 million (US$862,000) from the first auction of luxury goods seized in the country’s S$3 billion (US$2.35 billion) money laundering case, with intense competition for handbags and
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Japan is seeking 6.7 billion yen (US$43 million) in next financial year’s initial budget to combat a longhorn beetle that is destroying cherry trees and threatening agricultural production, ecosystems and the country’s
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China’s revenue from stamp duty on stock sales surged 82 per cent year on year in the first eight months of the year, reflecting a sharp increase in trading activity as investor
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The escalating conflict around the Black Sea is threatening to create a new global food supply shock, with attacks on Russian and Ukrainian ports disrupting grain shipments and forcing buyers thousands of
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North Korean hacker group known as WaterPlum was behind a cyberattack spanning more than 100 countries, including Japan, that resulted in the theft of cryptocurrency worth approximately US$10.71 million, according to Japan’s
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The China-India relationship is showing signs of a broader diplomatic engagement, with Indian defence experts at the 13th Beijing Xiangshan Forum pointing to artificial intelligence governance, maritime security and multilateral cooperation as
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For decades, one of the foundations of American financial power was the relationship between oil and the US dollar. The oil shocks of the 1970s generated enormous current-account surpluses for petroleum exporters,
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One humid morning in July, Miriam Wickertsheim woke to a phone filled with more than 100 messages from people around the world asking how they could find work in China. For the
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Hong Kong has unveiled its first five-year strategic blueprint, placing the financial sector at the centre of its economic strategy and describing finance as the city’s “pivotal and crowning strength”. The plan,
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The renminbi’s role in South-east Asia is moving beyond trade settlement as companies increasingly incorporate the Chinese currency into their treasury strategies, financing arrangements and capital-market activities. Karen Ng, Standard Chartered’s head
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Malaysia’s multibillion-dollar data-centre expansion is creating a broader opportunity for the country to capture more of the artificial intelligence supply chain, with companies and industry leaders looking beyond server facilities towards chips,
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Hackers claiming responsibility for a data breach at Revolut have threatened to sell confidential records belonging to hundreds of customers to other criminal groups unless the British online bank pays a ransom
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Oil prices in China have surged to record highs as refiners in the world’s biggest crude importer intensify their search for supplies amid growing fears over the security of exports from the
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India’s exports surged 26% in August, helped by a sharp increase in shipments to the United States, a weaker rupee and lower gold imports, according to data released Tuesday by the Ministry
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More than 100,000 Yemenis have fled their homes since early July as escalating violence along the country’s western coast drives a growing displacement crisis, according to the United Nations High Commissioner for
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