News
India, China move to restart border trade after five-year gap
India and China are reportedly holding discreet discussions over a possible resumption of border trade, five years after it was suspended.
Romania to target profit-shifting by multinationals as it seeks to boost revenues
Finance minister says Bucharest wants multinationals to invest "but they must pay corporate tax".
Vietnam’s Ho Chi Minh sees sharp rebound in foreign investment
Ho Chi Minh City has recorded a striking recovery in foreign direct investment during the first seven months of 2025, securing $6.2bn - a 45% rise compared with the same period last year.
Sanctions on Russia push India to send diesel to China for first time since 2021
India’s Nayara Energy, which has ties to Russia’s Rosneft, is shipping diesel to China for the first time in more than four years, as European Union sanctions disrupt its petroleum exports
_1755109812.jpg)
Foreign influencers fuel Colombia's tourism boom as revenues hit record $40bn
Colombia's pioneering digital diplomacy strategy, underpinned by a deft use of foreign social media influencers, has catalysed the nation's record-breaking tourism performance.
Bulgaria’s Uni Energy to acquire NIS petrol network for over €30mn
NIS, majority-owned by Russia’s Gazprom and its subsidiary Gazprom Neft, is divesting its Bulgarian assets amid increasing pressure from secondary US sanctions.
South Sudan rejects claims of Gaza resettlement discussions with Israel
South Sudan denies reported Israel talks on Gaza Palestinian resettlement as international community condemns forced displacement proposals violating international law.
_Cropped_1755095305.jpg)
Dozens injured in Serbia as anti-government protests turn violent
At least 50 people were injured in the town of Vrbas, where protesters, members of the ruling Serbian Progressive Party and police clashed outside local party offices.
Venezuela clears way for Russian extradition of Ukraine supporter held in Caracas
Venezuela's Supreme Court will consider extraditing a Russian national and prominent Ukraine supporter to Moscow on terrorism charges, in yet another case that illustrates the deepening ties between Maduro's regime and the Kremlin.
Foreign investors welcome to cultivate cannabis legally in Sri Lanka
Sri Lanka has, for the first time, authorised seven overseas investors to cultivate cannabis legally under tightly regulated conditions.
Japan’s Maritime Self Defence Force ‘protects’ Royal Navy in Far East
Japan has provided military asset protection to the British armed forces, marking a further deepening of defence ties amid rising global security concerns.
Japan’s Nikkei sets new record
The Nikkei stock index closed above the 43,000 mark for a second consecutive day on August 13, setting a fresh all-time high amid optimism over the United States economy and expectations of an earlier-than-anticipated interest rate cut.
Pakistan selects Japanese blockchain developer to run digital currency
The State Bank of Pakistan has chosen Japanese blockchain developer Soramitsu to design and implement a central bank digital currency, following last month’s federal approval of the Virtual Assets Act 2025.
Ukraine's position deteriorates ahead of key Trump-Putin summit in Alaska
US President Donald Trump and Russian President Vladimir Putin will meet in Anchorage, Alaska on August 15 in what could be critical talks that could bring the war in Ukraine a step closer.
Canada’s Asante Gold secures $172mn in equity to fund Ghana mine expansion
Canada’s Asante Gold Corp. said it has received the net proceeds from its C$237mn ($172mn) equity offering, marking a key step in a $500mn financing plan to expand its mining operations in Ghana.
Japan presses South Korea to end seafood import ban
Japan’s agriculture minister, Shinjiro Koizumi, has urged South Korea to remove restrictions on Japanese seafood imports that were introduced after the 2011 Fukushima nuclear disaster.
Former first lady Kim Keon Hee arrested, making history in South Korea
A Seoul court has approved the arrest of former first lady Kim Keon Hee on allegations including stock price manipulation, interference in election processes, and bribery.
‘Asbestos ship’ ordered to leave Croatian waters
The Moby Drea has been at the centre of a public row since arriving in Split for reconstruction work that includes the removal of asbestos-containing panels
South Africa's African Bank recovers from 2014 collapse, eyes JSE return in 2027
CEO Kennedy Bungane said African Bank has bounced back, adopting a business model embracing traditional and modern banking channels. "It is that knowledge that propels us towards an IPO."
Turkey sells purebred Arabian foal Ergunes in online auction
State agricultural organisation TIGEM turning a notable profit breeding and raising champion horses.