News
British MPs seek sanctions against Serbia’s President Vucic
Cross-party coalition of over 20 MPs urged the UK government to impose sanctions on Vucic after he attended a military parade in Moscow on May 9.
EBRD2025: Moldova aims to double its economy within a decade
Deputy PM Doina Nistor has outlined plans to transform Moldova into a resilient, innovation-driven economy more closely integrated with the European Union.
CK Hutchison stresses legal compliance in Panama port sale amid US-China tensions
Hong Kong’s CK Hutchison has reiterated that its planned sale of major global port assets, including key terminals at the Panama Canal, will move forward only under strict legal and regulatory compliance.
China's SWM to launch auto plant in Turkey
BYD's sales of zero-tariff Chinese EVs on Turkish market are, meanwhile, booming.
Iran heading for demographic hole as fertility rate falls below 1.36
The director of population youth at Mashhad University of Medical Sciences has warned that the World Health Organization predicts Iran's fertility rate will fall below 1.36.
EBRD2025: France pledges €10mn to repair Chernobyl shelter after drone strike
The European Bank for Reconstruction and Development has secured a €10mn ($10.8mn) contribution from France to help fund emergency repairs to the New Safe Confinement (NSC) structure at the Chernobyl (Chornobyl) nuclear power plant.
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Norway dumps Mexico's Pemex over decades of corruption scandals
Pemex faces international scrutiny after Norway’s Government Pension Fund Global sold its fixed-income investments, citing unresolved corruption risks spanning nearly two decades.
Norway dumps Mexico's Pemex over decades of corruption scandals
Pemex faces international scrutiny after Norway’s Government Pension Fund Global sold its fixed-income investments, citing unresolved corruption risks spanning nearly two decades.
US President Donald Trump concludes historic meeting with Syrian President Ahmad al-Sharaa
US President Donald Trump met with Syria's interim President Ahmad al-Sharaa on May 14, marking the first encounter between leaders of the two nations in 25 years
Hungary’s Richter expands US footprint with strategic investment in biopharma company
CEE’s leading pharma Richter Gedeon has acquired a "significant stake" and entered into a business development partnership with Granata Bio, a US-based company specialising in reproductive health.
Albania’s ruling Socialists secure a fourth term
PM Edi Rama wins an unprecedented fourth consecutive election victory, but opposition claim irregularities and announce protest.
Magyar Telekom to spin off mobile towers unit
Magyar Telekom will spin off its passive mobile infrastructure into a separate unit, the company announced on May 13. The transaction, pending approval by shareholders at the June 26 EGM, could be closed in the last quarter.
Bulgaria’s parliament speaker blocks euro referendum request
President Rumen Radev caused political crisis by proposing euro referendum just months before Bulgaria is expected to join the eurozone.
Japan’s auto industry left reeling under tariff pressure as Honda and Nissan feel the pain
The twin disclosures from Honda and Nissan underscore how devastating tariff uncertainty, EV disruption and internal financial strain are converging to threaten Japan’s automotive dominance.
India's April inflation drops to lowest level since 2019
The steepest moderation came in food inflation, which eased to 1.78% y/y from 2.69% in March. This is the lowest reading since October 2021.
Russia eyes deeper coal partnership with India amid long-term supply plans
Russia’s coal reserves are sufficient to meet domestic demand for over 500 years, and the country sees significant scope for deepening cooperation with India in the coal sector.
South Korea, ASEAN launch first joint economic think-tank talks
ASEAN, comprising Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam, has become an increasingly vital partner for Korea in recent years.
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Bloodshed and disruption overshadow the Philippines midterm elections
Since the beginning of May, at least 21 people have been killed in BARMM, including five on election day. According to data from Climate Conflict Action Asia, election-related violence since October 2024 has left 239 dead and 172 others injured.