Money & Finance

The 1997 NATO-Russia Founding Act envisioned mutual trust and cooperation. Today, Russia's invasion of Ukraine has shattered those hopes, prompting a fundamental rethinking of NATO's strategic posture and defensive capabilities in Europe.

Bursa Malaysia has expanded its FTSE4Good Bursa Malaysia (F4GBM) Index with 21 new additions, increasing total constituents to 98. The index, which tracks companies with strong environmental, social, and governance principles, continues its growth trend since launching in 2014. The recent review period of December 2022 saw 21 additions and 10 deletions.

Finance Minister Tengku Zafrul emphasizes the need for unorthodox ideas and innovative business models to drive Malaysia's economic transformation, particularly in the context of pandemic-induced challenges.

Crude oil prices jumped 4.5% in Asian markets following Iran's missile attacks on US forces in Iraq. The strikes, launched after the killing of Iranian commander Qasem Soleimani, heightened tensions and sparked worries about potential disruptions to Middle East oil supplies.

9 June 2023, Islamabad, Pakistan The Pakistan Economic Survey 2022/23 highlights the challenges faced by Pakistan's economy and the growth experienced during the fiscal year....

The European Union and United Kingdom have expanded sanctions against Russia, focusing on luxury items like pure-bred horses and truffles. The measures aim to restrict Russian oligarchs' access to global markets and limit the country's economic resources in response to ongoing conflicts.

Japanese Prime Minister Shinzo Abe announced a massive $989 billion stimulus package to protect the economy from coronavirus damage, representing 20% of GDP and more than double the 2008 financial crisis relief efforts.

Arizona Governor Doug Ducey met with Taiwanese President Tsai Ing-wen, celebrating a significant $12 billion semiconductor investment. The partnership underscores Taiwan's crucial role in global chip production and strengthens U.S.-Taiwan economic ties amid ongoing technological competition with China.

The newly launched China-Laos-Thailand train route offers a faster, more cost-effective transportation solution. Covering 55 hours from Kunming to Bangkok, the train carries 19 refrigerated containers of fresh vegetables, cutting travel time by a day and reducing transportation expenses by at least 20%.

The new year begins with market uncertainty as US-Iran tensions rise following the assassination of Iranian General Qasem Soleimani. Global markets experience sharp stock declines and oil price increases, with fears of potential military escalation and President Trump's warning of "major retaliation" creating investor anxiety.