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SINGAPORE -- Ukrainian President Volodymyr Zelenskyy is expected to attend Asia's largest defense forum this weekend in Singapore, at a critical moment in his country's war against Russia.
Data from Japan's Ministry of Finance on Friday confirmed the country's first currency intervention since 2022, after the yen plunged to a 34-year-low in April.
Experts also doubt the possibility that India has any direct involvement in providing weapons to Israel, citing Delhi’s comparatively unsophisticated weapons technology and logistical difficulties.
The European Union's upcoming 14th sanctions package against Russia must do more to choke off energy exports and clamp down on circumvention by third parties, an advisor to the office of Ukrainian President Volodymyr Zelenskyy told CNBC.
The oil-producing Organization of the Petroleum Exporting Countries and its allies could extend existing output cuts this week, delegates and analysts told CNBC, even as focus shifts from Middle East tensions to summer demand.
KUALA LUMPUR: Amid Malaysia’s high-profile raids in recent months by its anti-graft busters as part of the country’s most extensive crackdown on corporate corruption, one has flown under the radar but stirred disquiet within the country’s clubby corporate and banking circles.
Thai police have broken up a large network that illegally helped foreigners, mostly Russians, to stay in Thailand long-term through the use of company nominees or shell companies, officials said Friday.
After the meeting, Indonesia’s Coordinating Economic Minister Airlangga Hartarto, who chairs the country’s OECD National Team to oversee the accession process, reaffirmed Jakarta’s aspirations to join the group in three years.