In a statement the U.S. State Department said, it has approved the potential sale of M270 Multiple Launch Rocket Systems Upgrade and related equipment to Bahrain at an estimated cost of $176 million. The principal contractor will be the Lockheed… Read More ›
On Friday, Australia’s defence minister said, China’s move to establish a military base in Solomon Islands would be of concern since it is a neighbouring island. The development comes in the wake of a draft security document between Beijing and… Read More ›
On Thursday, Asian importers of Russian gas scrambled as Russian President Vladimir Putin declared “unfriendly” countries must pay in roubles for Russian gas, the latest jolt to global energy markets following Moscow’s invasion of Ukraine. On the list of unfriendly… Read More ›
According to government officials and industry insiders, India has halted plans to allow local companies to list on foreign exchanges as it attempts to strengthen its own capital markets, dealing a blow to foreign funds and stock exchanges hoping to… Read More ›
After a nearly month-long hiatus, Russia expects to resume stock trading on Thursday, with 33 rouble securities to be traded on the Moscow Exchange. Non-residents, on the other hand, will have to wait until April 1 to sell equities and… Read More ›
On Thursday, in a landmark development that sees the first ever transaction of an Australian lender to mint a digital asset linked to its currency, the Australia and New Zealand Banking Group said, it has carried out an Australian dollar stablecoin… Read More ›
The Biden Administration has reinstated 352 from U.S. “Section 301” tariffs on Chinese imports, effective retroactively from October 12, 2021 and extended through Dec. 31, 2022, said the USTR. The move covers a wide range of Chinese products worth around… Read More ›
In a statement Russian President Vladimir Putin said, unfriendly countries will have to pay for gas in rubles. Following the announcement European gas prices soared since the move will exacerbate the region’s energy crunch. Western nations led by the United… Read More ›
In a statement on Thursday, Singapore’s Prime Minister Lee Hsien Loong said, it is lifting more COVID-19 curbs including most restrictions for fully vaccinated visitors arriving in the country; it is also dropping requirements to wear masks outdoors. Singapore was… Read More ›
On Wednesday, Thailand’s market regulator said, from April 1, 2022, it has banned the use of digital assets for being used to pay for goods and services. The move is in line with earlier discussions between the Securities and Exchange… Read More ›
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