FinancialGovernance

Swift Crisis Response by South Korea Mitigates Market Turbulence

6 months ago

In a decisive move, South Korea has effectively navigated a potential market crisis that could have echoed through the financial systems of Asia and beyond. The government implemented a series of rapid interventions aimed at stabilizing the economy amidst growing concerns regarding international trade dynamics and domestic financial pressures.

Malaysian PM Initiates Audit of Sovereign Fund's Troubling Investment

7 months ago

In a significant move aimed at increasing accountability and transparency, Malaysian Prime Minister Anwar Ibrahim has directed a comprehensive audit of the country’s sovereign wealth fund following revelations of substantial losses tied to a controversial investment venture. This decision comes in the wake of growing scrutiny over the management of these public assets, particularly in sectors that are reportedly underperforming.