Seven central banks and over 40 commercial banks have participated in a successful prototype of Project Agorá, an initiative to test the feasibility of a multi-currency shared programmable platform. A… read more →
South-East Asia has moved beyond the label of “emerging” and into something far more consequential: a payments-first economic region operating at real scale. The region’s digital economy is on track… read more →
The Korean won (KRW) is under heavy pressure amid the conflict in the Middle East and the resulting shock to oil flows. In the near term, the outlook remains highly… read more →
Asian countries have been increasing their local coal-fired power generation and seeking new coal suppliers, as liquefied natural gas (LNG) shipments into the region remain stuck at the Hormuz chokepoint. … read more →
Listen to this podcast on Spotify, Apple Podcasts, Podbean, Podtail, ListenNotes, TuneIn In a grocery store in Cape Town, Korean instant noodles and ice cups sit alongside local biltong. “The younger generation is observing on social… read more →
25 member countries have used the Universal Postal Union’s emergency communication system to alert of a suspension in services, said the agency. They join a range of other countries, including… read more →
Canada is also considering using Arctic ports to establish new trade routes with Europe, Energy Minister Tim Hodgson told Bloomberg last week. The US and China have been investing heavily… read more →
The facility aims to improve Korean shipping companies’ export capabilities, thereby enhancing competitiveness among mid-sized maritime operators in the country’s shipping sector. Under the arrangement, K-SURE will help cover time… read more →
In spite of its £17.3 million annual turnover, and holding innovation certification, the company cited a “sharp decline in order volumes” as the primary cause of its distress. This case… read more →
The unprecedented measure, unveiled on Thursday as part of the government’s 2025 Economic Policy Direction, comes as Asia’s fourth-largest economy braces for tepid export growth of just 1.5% this year,… read more →
