Business

Trump’s Russian Diesel Deal Raises Questions About US Sanctions Policy on Moscow

In a striking policy shift, U.S. President Donald Trump has announced a deal with Russian President Vladimir Putin to increase the supply of diesel from Russia to the United...

Trump Threatens High Tariffs on Foreign Firms Without US Manufacturing Plants

U.S. President Donald Trump has issued a stern warning to foreign companies, stating they could face tariffs ranging...

Russia to Boost 2027 Defence Budget by 27% amid Rising Deficit

Russia is set to significantly increase its defense spending, with plans to allocate 17.1 trillion rubles (approximately $202.6...

Russia’s 2027 Budget Draft Proposes Tax Increases on Passive Income and Dividends

Russia's Finance Ministry has unveiled a draft federal budget for 2027-2029, introducing several new tax measures aimed at...

Semiconductor Shares Drive Seoul Stocks Up 1.65% in Market Surge

South Korean stocks posted significant gains on Monday, propelled by a robust performance in semiconductor shares, which helped...

India, South Korea Enhance Collaboration in Trade, Defense, and Technology Talks

India and South Korea recently engaged in high-level discussions aimed at enhancing their strategic partnership, focusing on broadening cooperation across several critical sectors. This...

EU Urged by South Korea to Ease New Steel Import Limits

South Korean President Lee Jae Myung is optimistic that the European Union will consider his country's concerns regarding upcoming changes to its steel import...

Vietnam Pledges to Bolster ASEAN–Russia Strategic Partnership

Vietnam has underscored its pivotal role in enhancing cooperation between ASEAN and Russia, following the recent ASEAN–Russia Commemorative Summit that celebrated 35 years of...

South Korea Continues Lower Tariffs on Taiwan Fruits Through August

South Korea has announced an extension of its preferential tariff program on Taiwanese fruit imports, significantly reducing import duties on bananas, pineapples, and mangoes...

Elon Musk Becomes First Trillionaire as SpaceX Soars in Market Debut.

SpaceX has made a monumental entry into the public market with one of the largest initial public offerings ever recorded. Trading commenced at $150...

Putin Authorizes Sale of TotalEnergies’ Stake in Arctic LNG 2 Project

In a significant development in the global energy sector, Russian President Vladimir Putin has given the green light for the French energy company TotalEnergies...