China expands digital yuan network with 12 new banks
BEIJING: China’s central bank has added 12 banks to the roster of institutions authorized to operate the digital yuan, widening the reach of the e-CNY and lifting...
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South Korea FX reserves fall in March on stronger dollar
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations...
Ternate earthquake triggers tsunami alert, leaves one dead
TERNATE: A 7.4-magnitude earthquake struck the Molucca Sea off eastern Indonesia early Thursday, killing one person, damaging buildings and prompting a tsunami warning that was later lifted after...
South Korea inflation hits 2.2% in March on oil surge
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official...
Northern China coal mine roof collapse kills four
LVLIANG: Four workers were killed after a roof collapse late Wednesday at the Guanjiaya coal mine in Xingxian county in northern China’s Shanxi province, with local authorities confirming...
Japan factory output drops 2.1 percent in February
TOKYO: Japan’s industrial output fell 2.1% in February from the previous month, official preliminary data showed on Tuesday, as weaker production in autos, fabricated metals and electronic...
Magnitude 5 earthquake hits eastern Japan without tsunami
TOKYO: A magnitude 5.0 earthquake struck southern Ibaraki Prefecture in eastern Japan at 10:06 a.m. on Wednesday morning, shaking the Kanto region and causing buildings in Tokyo to...
WTO digital tariff deadlock clouds reform push
YAOUNDE: The World Trade Organization’s 14th ministerial conference ended early Monday without agreement on extending the long-running moratorium on customs duties for electronic transmissions, a lapse that sharpened...
South Korea central bank hits record annual profit
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains...
Magnitude claims Dubai World Cup 2026 title with strong run
DUBAI, March 28, 2026: American colt Magnitude won the 30th Dubai World Cup on Saturday night at Meydan Racecourse, delivering a commanding performance in the emirate’s...