British finance minister Jeremy Hunt said on Saturday it would be "absolutely devastating" if the United States failed to reach agreement to raise its debt ceiling and had its gross domestic product "knocked off track".
China has a "deficit of trust and credibility" it needs to overcome in order to mend its fraught defence ties with the Philippines, though any breakthrough in the near term remains unlikely, Manila's top defence official said on Saturday.
Glencore said on Monday it will sell its stake in Koniambo Nickel SAS (KNS) in New Caledonia and that production at KNS's processing plant will be halted for six months while a new investor is sought for the loss-making business.
Tariff hikes imposed by the US, supply chain disruptions and geopolitical risks are driving some retailers and brands to explore "nearshoring" manufacturing, or bringing it closer to the end consumer.
Copper prices are set to languish this year, weighed down by weaker demand as rising interest rates curb economic growth while mines churn out more supply.
Iraq was the top target for China's Belt & Road infrastructure initiative in 2021, receiving $10.5 billion in financing for projects including a heavy oil power plant, a study published on Wednesday said.
Global coal consumption is set to rise to an all-time high in 2022 and remain at similar levels in the next few years if stronger efforts are not made to move to a low-carbon economy, a report by the International Energy Agency (IEA) said on Friday.
Singapore lenders Oversea-Chinese Banking Corp (OCBC.SI) and United Overseas Bank (UOBH.SI) beat profit estimates, driven by recovery in core markets, but their sequential performance slowed sharply, underscoring challenges to maintain growth.
Cambodian Prime Minister Hun Sen on Tuesday confirmed he had invited Myanmar's junta chief to a summit of the Association of Southeast Asian Nations (ASEAN), on the condition he makes progress on a peace plan he agreed to last year.
Secretary of War Pete Hegseth and Indonesia Minister of Defense Sjafrie Sjamsoeddin stand for the playing of the U.S. and Indonesian national anthems prior to a bilateral meeting at the Pentagon, ...
Indonesian authorities said other climbers had safely evacuated Mount Dukono, which had been off-limits because of volcanic activity. By John Yoon and Muktita Suhartono At least three hikers were ...
ACHIEVING RECIPROCAL TRADE: Today, the Trump Administration finalized a landmark trade agreement with Indonesia that will provide Americans with unprecedented market access and unlock major ...
Indonesia's outgoing president hopes the nation's new capital city will be his greatest legacy, but some say the plan has critical flaws. Indonesia's future capital Nusantara is under development but ...
Since the resumption of diplomatic relations in 1990, China and Indonesia have seen comprehensive development in bilateral economic and trade cooperation. In recent years, this cooperation has ...
The rush to cut interest rates at major central banks slowed to a trickle in April, as policymakers faced uncertainty on the outlook for economic growth and inflation in the wake of escalating trade tensions.
It only took 24 hours last month for Prime Minister Narendra Modi's government in India - the world's second-largest producer of wheat - to shelve its plans to "feed the world".
Attorneys at Haynes Boone discuss recent DOJ enforcement actions targeting customs fraud and practical steps companies can take to mitigate the risk of DOJ scrutiny such as monitoring import activities to ensure compliance.
JFE Holdings plans to ramp up overseas investments as part of a long-term drive to double profits, Japan's No. 2 steelmaker said on Tuesday, as it posted a 21.4% rise in annual net profit but also flagged a smaller increase for this year.
The CEO of the world's biggest vaccine maker, Serum Institute of India, said the company has bolstered its manufacturing ahead of launches over the next few years of shots against diseases like malaria and dengue by repurposing facilities used to make COVID-19 immunizations.
Oil prices fell on Thursday after the International Energy Agency (IEA) said the spread of the Delta variant of the coronavirus would slow the recovery of global oil demand.
The amount of Ivorian cocoa that can be traced back to where it was grown remains at just under half, calling into question how the world's top cocoa grower will manage to comply with the EU's looming anti-deforestation law, according to a new analysis released on Tuesday by the non-profit Trase.
Indonesian presidential contender Prabowo Subianto topped a second opinion poll in the space of two days on Friday, though still ahead of the ruling party's Ganjar Pranowo by only a narrow margin as election season kicks off in earnest.
U.S. Assistant Secretary of State for East Asia and Pacific Affairs Daniel Kritenbrink on Saturday said the situation in the South China Sea is deeply concerning, and said China's recent actions in the disputed waterway were "deeply destabilising".
China's iron ore imports in 2024 rose to a record high for a second year, customs data showed on Monday, as lower prices spurred buying while demand remained resilient due in large part to massive steel exports that are inflaming trade tensions.
Bryan Cave Leighton Paisner on Wednesday announced it has tapped cross-border deal maker Kwon Lee, who was most recently global head of Mayer Brown's Korea practice, to lead its own Korea practice.