Tag: business news

Unlucky gamble ends in major crackdown as Vietnam police uncover US$133 million World Cup betting network

Unlucky gamble ends in major crackdown as Vietnam police uncover US$133 million World Cup betting network

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Illegal online gambling continues to pose a serious challenge across many countries, and major international sporting events often become the biggest opportunity for underground betting syndicates. During the ongoing World Cup, Vietnamese authorities have launched one of their largest crackdowns yet, uncovering two massive illegal betting operations valued at approximately US$133 million (RM542 million). Police […]

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Iran warns ships crossing Strait of Hormuz without approval may face action

Iran warns ships crossing Strait of Hormuz without approval may face action

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Iran’s Revolutionary Guards have issued a stern warning to vessels transiting the Strait of Hormuz, saying any ship crossing the strategic waterway without authorisation from Iran “will be dealt with.” The statement comes as uncertainty continues over the future governance of the Strait of Hormuz, one of the world’s most important maritime trade routes and […]

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Bank of Japan Raises Interest Rates to Highest Level in 31 Years Amid Inflation Concerns

Bank of Japan Raises Interest Rates to Highest Level in 31 Years Amid Inflation Concerns

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The Bank of Japan (BoJ) has raised its benchmark interest rate to 1.0%, marking the highest level seen in more than three decades as policymakers work to contain growing inflationary pressures linked to the recent Middle East conflict. The 25-basis-point increase, announced on Tuesday, is the first rate hike since December and reflects the central […]

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China and India Reconnect the Skies After Years of Silence — A New Chapter Begins

China and India Reconnect the Skies After Years of Silence — A New Chapter Begins

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After nearly five long years of suspended air connections, China and India are once again opening their skies. Starting November 9, travelers will finally see a revival of direct commercial flights between the two nations — a move that signals not just the return of tourism and business, but the rekindling of people-to-people connections that […]

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