Month: August 2026

INDONESIA: Indonesia reported a trade deficit of $450 million in June, marking the second consecutive month of trade imbalance, as imports surged beyond expectations. Analysts had forecasted a larger deficit of $790 million, but the actual figures indicated a less severe shortfall. In

SINGAPORE: Singapore is focusing on transforming constraints into strategic assets to maintain its competitive edge in a rapidly fragmenting global landscape. Transport Minister Jeffrey Siow has highlighted the importance of addressing energy scarcity and demographic changes to secure the country's future prosperity. Singapore

JAPAN: The United States and Japan have formed an agreement to tackle yen speculation, a move that was first considered at the beginning of the year. The decision aims to stabilize the currency and mitigate the economic impact of speculative trading, which has

IRAN: Former President Donald Trump announced a temporary halt on military action against Iran, expressing optimism for a swift agreement regarding Iran's nuclear program and the reopening of the Strait of Hormuz. The decision comes as Middle Eastern countries urge for additional time

JAPAN: The US Treasury Secretary, Sarah Bessent, has joined forces with Japan in a coordinated effort to bolster the Japanese yen, which has been experiencing significant depreciation. This move aims to stabilize the currency and address concerns about Japan gaining an unfair trade

ISRAEL: Israeli airstrikes have resulted in the deaths of at least four individuals in Gaza, despite former U.S. President Donald Trump announcing a breakthrough in disarmament talks with Hamas. The strikes occurred as part of ongoing military actions in the region, with no

KUALA LUMPUR: FIFA President Gianni Infantino is facing a significant leadership crisis as UEFA and Concacaf have declared no confidence in him. This comes in response to Infantino's controversial decision to scrap a proposed World Cup sell-off plan, raising concerns about his leadership

TOKYO: Japan and the United States have taken joint action to support the yen, marking the first such intervention since 2011. This move comes amid growing concerns over the yen's declining value against the US dollar, which has been affecting Japan's economy by

MALAYSIA: The competition to control radio spectrum in space is intensifying as its value skyrockets, with companies and governments vying for a larger share. This battle for spectrum is driven by the increasing demand for wireless communication technologies, which require significant bandwidth to

JOHOR: Pakatan Harapan (PH) has suffered a significant defeat in the Negeri Sembilan state election, with the Barisan Nasional (BN) and Perikatan Nasional (PN) alliance claiming victory. This loss adds to a series of setbacks for PH, following their recent electoral disappointments in