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Asia Business Gazette: Press Releases

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Press releases published on April 28, 2025

India advices Bangladesh to ‘avoid rhetoric’ that damages relations

India advices Bangladesh to ‘avoid rhetoric’ that damages relations

(MENAFN) Indian Prime Minister Narendra Modi and the chief adviser of Bangladesh’s interim government, Muhammad Yunus, have emphasized the importance of "constructive" cooperation in their first bilateral meeting since the change of government in Dhaka. …

Russian finance minister warns about budget

Russian finance minister warns about budget

(MENAFN) Russian Finance Minister Anton Siluanov has warned that the country may face budgetary difficulties due to falling oil revenues and global economic instability. During a recent meeting, Siluanov advocated for boosting fiscal reserves and revising …

Russia denies Ukrainian allegations it attacked Indian warehouse in Kiev

Russia denies Ukrainian allegations it attacked Indian warehouse in Kiev

(MENAFN) The Russian embassy in India has rejected Ukrainian claims that Russia intentionally targeted an Indian pharmaceutical warehouse in Kiev, suggesting instead that an errant Ukrainian air-defense missile was likely responsible for the destruction. …

US Strikes Kill Many at Migrant Shelter in Yemen

US Strikes Kill Many at Migrant Shelter in Yemen

(MENAFN) Nearly 68 people were murdered, as well as 47 others wounded in airstrikes carried out by the United States on a shelter for African migrants in the northern Saada province of Yemen, based on the Houthi party. The incident was reported on Monday, …

Police Arrests Suspect After Vancouver Car Attack

Police Arrests Suspect After Vancouver Car Attack

(MENAFN) A man has been arrested and charged with murder after deliberately driving his vehicle into a crowd at a street festival in Vancouver, Canada, which was celebrating Filipino culture. The tragic incident resulted in the deaths of 11 people, and …

Ukrainian Premier Discusses Aid, Minerals Deal with US

Ukrainian Premier Discusses Aid, Minerals Deal with US

(MENAFN) Ukrainian Premier Denys Shmyhal clarified that previous aid provided by the United States to Ukraine will not be part of the minerals agreement being negotiated between Kyiv and Washington. "Agreements have been reached that the document does not …

Google opponent declares willingness to snap up Chrome

Google opponent declares willingness to snap up Chrome

(MENAFN) Yahoo is prepared to acquire Google’s popular web browser, Chrome, if a US federal court orders Google to divest from it due to anti-monopoly concerns, according to Bloomberg. Brian Provost, the general manager for Yahoo Search, testified at …

Trump Eyes Renewed Diplomatic Approach with North Korea

Trump Eyes Renewed Diplomatic Approach with North Korea

(MENAFN) Sources indicate that the team advising the US President Donald Trump is exploring a renewed diplomatic approach towards North Korea, drawing parallels to the engagement strategy employed during his initial time in office. Trump made history by …

Russian, US Diplomats Report Progress in Ukrainian Settlement

Russian, US Diplomats Report Progress in Ukrainian Settlement

(MENAFN) Russia and the United States have announced advancements in resolving the Ukrainian conflict, emphasizing the development of conditions that are vital for beginning negotiations aimed at securing a dependable route to lasting peace. The Russian …

Russia’s Kalashnikov wants to enlarge gun supplies to Indian law enforcement

Russia’s Kalashnikov wants to enlarge gun supplies to Indian law enforcement

(MENAFN) A joint venture between Russia and India has bid for a contract to supply Kalashnikov AK-203 assault rifles to the police in Kerala, a southern state in India, according to a statement from Russian arms exporter Rosoboronexport. Indo-Russian …

China Remains Confident in Meeting 2025 Growth Target Despite Trade Tensions

China Remains Confident in Meeting 2025 Growth Target Despite Trade Tensions

(MENAFN) China remains "fully confident" in meeting its 5% economic growth target for 2025, even amidst ongoing trade disputes with the United States, a senior official affirmed during a news briefing on Monday. “We still have ample policy reserves and …

Major Power Cut Disrupts Spain, Portugal

Major Power Cut Disrupts Spain, Portugal

(MENAFN) A major power outage hit Spain and Portugal on Monday around midday, with the cause still unclear. According to reports, the blackout has caused significant travel disruptions, affecting airports, trains, metro systems, and traffic lights. …

California’s economy reaches Japan

California’s economy reaches Japan

(MENAFN) California's economy has surpassed Japan's to become the fourth-largest in the world, according to a recent announcement from Governor Gavin Newsom’s office. The state's nominal GDP reached $4.1 trillion in 2024, outpacing Japan's $4.02 trillion, …

New Delhi exposes efforts to limit representation at UN Security Council

New Delhi exposes efforts to limit representation at UN Security Council

(MENAFN) India has urged for significant reforms to the United Nations Security Council (UNSC), emphasizing the need to reflect the current geopolitical landscape and improve representation from underrepresented regions. Speaking at a meeting of the …

ICJ Begins Public Hearings on Israel's Obligations in Occupied Territories

ICJ Begins Public Hearings on Israel's Obligations in Occupied Territories

(MENAFN) Public hearings commenced on Monday at the International Court of Justice (ICJ) in The Hague to review Israel's responsibilities concerning its actions in the occupied Palestinian territories. The hearings aim to address a request for an advisory …

Davos creator gets investigated due alleged misconduct

Davos creator gets investigated due alleged misconduct

(MENAFN) The World Economic Forum (WEF) has initiated an internal investigation following whistleblower claims of misconduct involving its founder and former chairman, Klaus Schwab, the Wall Street Journal reported on Tuesday. This development came a day …

Modi opens India’s first vertical-lift sea bridge

Modi opens India’s first vertical-lift sea bridge

(MENAFN) Indian Prime Minister Narendra Modi officially opened the Pamban Bridge on Sunday, marking the launch of India’s first vertical-lift sea bridge. The bridge, which spans 2 kilometers across the Palk Strait, links the island town of Rameswaram to …

India passes contentious law that regulates traditional Islamic trusts

India passes contentious law that regulates traditional Islamic trusts

(MENAFN) India's parliament has passed a contentious law that regulates traditional Islamic trusts, known as waqf, despite concerns it may undermine property rights for the Muslim community. A waqf is a charitable endowment under Islamic law, where a …

What Real AI Business Transformation Means: Insights from Forbes Tech Council and Intetics Live Webinar

What Real AI Business Transformation Means: Insights from Forbes Tech Council and Intetics Live Webinar

NAPLES, Fla., April 28, 2025 (GLOBE NEWSWIRE) -- Intetics Inc., a leading global technology company specializing in custom software development and digital transformation, is proud to announce the publication of an insightful article by President and CEO …

46% of the most trusted US companies' employees reuse breached passwords

46% of the most trusted US companies' employees reuse breached passwords

Cybernews researchers analyzed the top 100 most trusted companies in America – including Nvidia, Costco, Apple, American Express, and others – and found that all of them had experienced data breaches, exposing critical cybersecurity weaknesses. Moreover, …

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