India scraps tax on foreign investors in government bonds to support rupee
SATURDAY, JUNE 06, 2026
India has exempted foreign institutional investors and the Bank for International Settlements from tax on interest and capital gains from government securities, aiming to attract steadier foreign capital.
Japan joins US Genesis Mission with US$1bn AI science funding drive
FRIDAY, JUNE 05, 2026
The five-year scheme will fund autonomous laboratories and joint projects in quantum technology, fusion and biotech, with each government contributing $500m.
Japan boosts Rapidus funding to spur advanced chip production
FRIDAY, JUNE 05, 2026
A new 150 billion yen investment through the IPA backs 2-nm mass production and 1.4-nm research, while giving Tokyo broader voting rights if finances sour.
TMD flags flash flood risk as strong monsoon sweeps across Thailand
FRIDAY, JUNE 05, 2026
The department said heavy to very heavy rain could trigger flash floods and forest run-off, while small boats in the upper Andaman Sea and upper Gulf of Thailand should stay ashore.