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Last updated: 21 May, 2025  
 Global Business


Venezuela has largest oil reserves but production remains poor; Indian OMCs to benefit
IANS | 05 Jan, 2026
Venezuela has the largest proven oil reserves in the world but lack of expertise, under-investment, political interference, mis-management, corruption and sanctions have paralysed the exploitation of its oil reserves, a report showed on Monday.
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Trump's trade policies 'disaster': US media
IANS | 29 Dec, 2025
The Southern California News Group (SCNG) published an editorial titled "$12 billion payout to farmers is a tariff-based disaster," saying a bailout announced earlier this month underscored the failure of the Trump administration's trade policies.
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S. Korea to offer tax benefits to retail investors investing back home
IANS | 24 Dec, 2025
The finance ministry here on Wednesday announced a package of tax benefits aimed at revitalising the domestic capital market, including a new incentive program for retail investors who sell overseas stocks and reinvest the proceeds in domestic assets.
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South Korea discusses AI, energy partnership with UAE
IANS | 18 Dec, 2025
South Korean Industry Minister Kim Jung-kwan met with his United Arab Emirates (UAE) counterpart on Thursday to discuss expanding cooperation in the artificial intelligence (AI) and energy sectors, Kim's office said.
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Indian American community leader calls for tariff reversal to bolster India–US relations
IANS | 15 Dec, 2025
Eminent Indian American physician and community leader Dr Bharat Barai warned that India–US relations could remain strained for the foreseeable future unless Washington reverses recent tariff measures, arguing that New Delhi has been unfairly singled out amid broader global trade and energy dynamics.
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India, Chile aim for timely conclusion of CEPA negotiations
IANS | 09 Dec, 2025
India and Chile have reiterated their strong commitment to the timely conclusion of the Comprehensive Economic Partnership Agreement (CEPA) negotiations, acknowledging the strategic significance of further strengthening bilateral economic ties.
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S. Korea's exports rise 8.4 pc to $61 billion in Nov
IANS | 01 Dec, 2025
South Korea's exports increased 8.4 per cent from a year earlier in November to over $61 billion, marking the sixth consecutive month of increase on the back of strong demand for semiconductors, government data showed on Monday.
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Foreign currency deposits in S. Korea post biggest drop in nearly 2 yrs in Oct
IANS | 28 Nov, 2025
Foreign currency deposits in South Korea declined by the most in about two years in October amid increased corporate repayment of foreign-currency borrowings and overseas investments by pension funds, central bank data showed on Friday.
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Piyush Goyal’s Israel visit bolsters bilateral economic ties
IANS | 25 Nov, 2025
Commerce and Industry Minister Piyush Goyal concluded a productive visit to Israel during which he held a series of high-level engagements aimed at strengthening the India–Israel strategic and economic partnership, according to an official statement issued on Tuesday.
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S. Korean govt to launch AI-powered platform for farm products in 2026
IANS | 24 Nov, 2025
The government said on Monday it plans to launch an information and price comparison platform for agricultural products that is powered by artificial intelligence (AI) next year as part of its broader effort to adopt AI-based public services.
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As on 29 Dec, 2025
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