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Business

Vietnam's Radical Bureaucratic Overhaul: A Leap Forward or a Risky Gamble?

Vietnam is undergoing its most significant bureaucratic reform in decades, slashing ministries and agencies to reduce red tape. While aiming to attract more foreign investment, the...

Business

Hong Kong's Unemployment Rate Stays at 3.1%: What's Behind the Stability?

Hong Kong's seasonally adjusted unemployment rate stayed at 3.1% in the September-November period, with the government noting potential sector-specific impacts from global economic...

Business

Bank of Korea's Urgent Move: Preemptive Rate Cuts Amid Economic Slowdown

South Korea's monetary policy board members called for swift and preemptive actions to address the slowing economy, voting for back-to-back rate cuts and emphasizing the need for p...

Business

Can Sri Lanka's $80 Million Governance Bond Drive Real Change?

Investors are using Sri Lanka's debt restructuring to push for better governance, introducing a first-of-its-kind governance-linked bond. This bond could reduce debt costs if Sri L...

Business

India's IT Industry Sees Bright Future with $210 Billion Export Target by FY25

India's IT exports are expected to reach $210 billion by FY25, capturing 18% of global IT outsourcing spending, according to HSBC Global Research. The industry has seen significant...

Business

Trump Election Win Triggers Record Capital Outflows from China's Markets

China's capital markets experienced a record high outflow of US$45.7 billion in November, largely due to the impact of Donald Trump's US presidential election win. This significant...

Business

South Korea's Forex Market Shows No Crisis Signals Amid Martial Law Attempt

South Korea's central bank governor reports normal function in the forex market despite a recent martial law declaration, with the won trading slightly better against the dollar.

Business

Revolutionizing Overnight Travel: Vande Bharat Sleeper Nears Launch with RDSO Trials

The Vande Bharat sleeper train prototype has left ICF Chennai for RDSO field trials, aiming to offer superior ride comfort and revolutionize overnight travel on Indian Railways.