Hong Kong's exports surged by 40.8% year-on-year in May, reaching HK$611.2 billion, marking the second consecutive month of over 40% growth. This robust expansion is primarily attributed to strong global demand for AI-related electronic products, despite a trade deficit of HK$44.2 billion.
AI lab Anthropic is rapidly expanding its compute capacity in the Asia-Pacific region, hiring for multiple data center roles in Australia and Japan to meet surging demand for its products. The expansion is driven by increasing usage of its enterprise and consumer offerings, despite ongoing tensions with the U.S. administration.
Saw Chia Liang, 41, appeared in Perth Magistrates Court facing 31 new charges including child exploitation offenses. A bail hearing is scheduled for Tuesday, with investigators identifying potentially eight or nine victims.
Toss Bank is partnering with Solana to test blockchain-based global remittance infrastructure. The proof of concept aims to integrate stablecoin settlement within a regulated bank app, potentially improving speed and cost while maintaining customer relationships.
The RBI has removed interest rate caps on certain non-resident foreign currency deposits until September, aiming to attract overseas funds and boost bank deposits. This move seeks to supplement household savings and ease liquidity challenges as credit growth outpaces deposit mobilization.
Private companies have pledged over £100bn in investment for the UK's green economy, primarily in offshore wind, solar, and electricity grids. Energy Secretary Ed Miliband hailed this as a boost for jobs and growth, countering claims that net zero policies harm the economy.
Iranian President Masoud Pezeshkian is visiting Islamabad, Pakistan, following a US-Iran agreement on a 60-day roadmap towards a final deal. The visit, his first abroad since recent attacks on Iran, aims to convert the fragile agreement into political capital and deepen bilateral cooperation.
Iranian President Masoud Pezeshkian arrives in Islamabad for a state visit, his first abroad since recent US-Iran attacks. The trip follows a 60-day roadmap agreement between the US and Iran, mediated by Pakistan, aiming for a final deal. Pezeshkian seeks to leverage this fragile agreement for political capital.
Iran's chief negotiator, Mohammad Bagher Ghalibaf, stated the Strait of Hormuz will remain under Tehran's administration and will not revert to its pre-war status. He also announced an agreement to release $12 billion in frozen Iranian assets and establish a communication channel for ship movements.
Indians can now invest globally via direct overseas brokers or GIFT City. Direct investing offers wider choices and lower entry barriers, ideal for hands-on investors. GIFT City provides a structured, convenient route with higher initial investment, suitable for managed diversification.
Special prosecutor's team summons former Police Chief Yoon Hee-geun over allegations of suppressing investigation into the Unification Church's overseas gambling. Yoon denies involvement, stating he heard nothing about it during his tenure.
Samantha Ruth Prabhu's 'Maa Inti Bangaaram' has grossed over Rs 46 crore worldwide in four days. Despite a dip on Monday, the film collected Rs 4.10 crore net in India, bringing its total net collection to Rs 27.20 crore. Overseas markets contributed significantly, pushing the global gross to Rs 46.04 crore.
Hong Kong and Fujian have signed six agreements to enhance collaboration in finance, trade, tourism, and education. The pacts aim to finalize 28 projects across 11 sectors, encouraging Fujian businesses to list on Hong Kong's stock exchange.
Nichola Yuen Hang-yiu, a new apprentice jockey in Hong Kong, is exceeding expectations with 12 winners in her debut season. She has achieved this faster than record-holder Jerry Chau, demonstrating a strong start and potential for future success in the highly competitive racing environment.
Coca-Cola and the IRS are in a Florida court over a decades-long tax dispute concerning transfer pricing of overseas profits. The case could result in Coca-Cola owing up to $20 billion in back taxes, setting a precedent for other multinational corporations.
Indian banks are asking the RBI for permission to let their overseas branches lend to non-residents for FCNR(B) deposits. Some banks, like SBI, already offer structured products where deposits collateralize loans, seeking regulatory comfort before a special RBI window closes in September.
Indian banks are asking the RBI for guidance on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some banks, like SBI, already offer structured products where deposits collateralize loans, aiming to boost NRI deposits before a special RBI window closes in September.
A weakening Indian rupee, rising costs, and uncertain job prospects are causing many Indian students to reconsider studying abroad, impacting traditional destinations like the UK and US, while European countries like Germany and Italy gain traction.
네이버페이의 해외 QR결제 서비스가 중국과 일본을 넘어 홍콩, 싱가포르 등 아시아 주요 국가에서 빠르게 성장하고 있다. 올해 1~5월 기준 중국·일본 결제 규모는 4.5배 증가했으며, 홍콩 50%, 싱가포르 44% 성장하는 등 아시아 전역으로 확산 중이다.
US and Iranian delegations met in Switzerland to discuss an interim deal, focusing on the Strait of Hormuz, sanctions, and the conflict in Lebanon. Tensions are high due to Iran's decision to keep the strait closed and internal dissent regarding the negotiations.
US and Iran negotiators met in Switzerland to discuss a fragile interim deal. Key issues include a ceasefire in Lebanon, lifting sanctions on Iranian oil, and reopening the Strait of Hormuz. Tensions are high due to Iran's decision to close the strait and internal Iranian disputes over the talks.
Prime Minister Anthony Albanese and Opposition Leader Angus Taylor have criticized Pauline Hanson's One Nation party for its plans to slash migration, warning it could worsen skilled worker shortages. Hanson claims multiculturalism has failed and blames migration for housing and infrastructure pressures.
China's Ministry of State Security claims overseas groups are funding influencers to promote "lying flat" to hinder national development. However, social media users attribute their fatigue to domestic issues, not foreign influence.
Jiang Mingdian, a 77-year-old from Quanzhou, China, has written over 100,000 letters for families to relatives overseas in a career spanning 59 years. This tradition stems from Fujian's history of emigration, where letter writers bridged the communication gap for illiterate relatives.
