Business

South Korea, Japan Discuss Military Logistics Pact Impact on Economy

South Korea and Japan are contemplating the establishment of a military logistics support agreement, as revealed by South Korean Defense Minister Ahn Gyu-back after meeting with his Japanese counterpart,...

Japan-China Collaboration Targets EV Market with Kei Car by 2027

A new electric vehicle brand, spearheaded by a collaboration between Japanese automotive entities and the Chinese automaker Chery...

Japan Plans ¥3 Trillion Budget Boost to Support Utility Businesses

In response to escalating energy costs and instability in the Middle East, Japanese Prime Minister Sanae Takaichi has...

Japan Reduces Middle East Naphtha Imports Amid Increased Alternative Sources

In a significant shift in trade patterns, Japan has seen a substantial reduction in its imports of naphtha...

Asian Stocks Climb Amid Declining Oil Costs on Iran Peace Prospects

Asian stock markets largely experienced gains on Monday, driven by optimism surrounding potential diplomatic progress between the United...

Trump Raises Tariffs to 15%, Markets and Businesses Brace for New Economic Shock

Global markets and business communities were bracing Saturday for a fresh wave of economic uncertainty after President Trump announced a 15% universal tariff on...

Shareholder Value Considerations Influence Corporate Procurement Strategy Shifts

Shareholder value considerations influenced corporate procurement strategy shifts among Indian refineries in 2025, particularly for publicly listed companies facing investor scrutiny. While US crude...

‘Buy European’ Policy Framework Advances at Crucial EU Summit

The European Union's 27 leaders agreed to implement a "Buy European" policy framework during their summit addressing Europe's industrial competitiveness challenges. The meeting at...

Bank of England Holds at 3.75% as SME Financing Conditions Affect Growth Transmission

The Bank of England has maintained interest rates at 3.75%, with small and medium enterprise financing conditions affecting how monetary policy influences growth. SMEs...

Gold and Silver Markets Recover Strength Following Dramatic Crash on Policy News

Monday's trading session brought significant recovery to precious metals after extreme price swings that had rattled investors worldwide. Gold prices bounced back from an...

Chery Establishes Liverpool as European Operations Hub in Industry Milestone

Chinese automotive powerhouse Chery is opening its European research and development headquarters in Liverpool, establishing Merseyside as the strategic center for its European commercial...