live U.S. considers Iranian assets for Gulf rebuilding as war enters 100th day
The U.S. plans to seek the redirection of Iranian assets to Gulf states to help fund reconstruction and repairs for damage attributed to Iran, a sourc...
Malaysia Prime Minister Anwar Ibrahim said he intends to convene a summit of the Regional Comprehensive Economic Partnership in October, local media reported on Wednesday.
The RCEP, the world's largest trade bloc, is backed by China and counts 15 Asia-Pacific economies as members, including Australia, Japan, South Korea, New Zealand and the 10 countries of the Association of Southeast Asian Nations.
Malaysia, the current chair of The Association of Southeast Asian Nations (ASEAN), is due to host a leaders' summit of the grouping and its regional partners in the same month as the planned RCEP meeting.
"The aim (of the RCEP meeting) is to take stock, to accelerate implementation and to demonstrate that Asia can still lead the cause of openness even as others turn inward," Anwar was quoted as saying by Malaysian daily The Star.
The RCEP, which came into force in 2022, is aimed at lowering tariffs, boosting investment and allowing freer movement of goods within the region.
Armenian authorities arrested six candidates from the pro-Russian Strong Armenia bloc on Saturday, one day before voters were due to take part in parliamentary elections.
More than 6,000 people gathered outside a vote-counting centre in Seoul on Friday night, demanding this week’s local elections be repeated after ballot shortages left some voters unable to cast their ballots.
Armenia heads to the polls on 7 June in a key parliamentary vote seen as a test of its democratic reforms and political direction since 2018. Prime Minister Nikol Pashinyan is seeking re-election amid domestic polarisation, security challenges and regional diplomatic tensions.
Azerbaijan's Foreign Ministry has confirmed the number of casualties its citizens suffered as a result of the 5 June drone attacks on the cargo ships Natra and Zircon in the Sea of Azov. In a statement, it said four Azerbaijani citizens were killed and four others were injured.
The U.S. said it struck Iranian radar sites on Qeshm Island and in Goruk after intercepting four drones, while Iran's Revolutionary Guards said they launches retaliatory strikes on four tankers in the Strait of Hormuz and targeted U.S. bases in the Gulf.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
BP has removed its chair, Albert Manifold, with immediate effect, citing concerns over governance and conduct. The company said its board had unanimously decided that Manifold should no longer serve as chair or director.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
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