Japan's minister of economy, trade and industry Akazawa said August crude oil procurement is likely to reach roughly 100% of year-ago volumes and that "the total quantity required by Japan" has been secured.

2026-08-02

Japan's minister of economy, trade and industry Akazawa said August crude oil procurement is likely to reach roughly 100% of year-ago volumes and that "the total quantity required by Japan" has been secured.

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2026-08-02

South Korea's retail investors, long known for risk-taking, were hit by a sharp July reversal: the KOSPI plunged 22% for its largest monthly drop since the global financial crisis, and despite an 18% rebound on Friday retail investors registered record net sales of KOSPI constituents. Under South Korea's Lee's market reforms and encouragement of single-stock leveraged ETF listings, retail poured roughly 78 trillion won (about $54.2bn) into KOSPI stocks in May–June, leaving many heavily exposed t

2026-08-02

US Secretary of State Rubio told Fox News rebuilding Venezuela is not limited to ousting President Maduro and requires a multi-step roadmap: first stabilise the country to prevent further unrest and large-scale migration; next pursue economic recovery and measures to attract investment; and finally hold legitimate democratic elections. He said durable peace after more than 25 years of political division will require national reconciliation.