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Asia Business Gazette: Press Releases

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Press releases published on May 11, 2025

Olympic Medalist Leon Taylor Reflects on Career

Olympic Medalist Leon Taylor Reflects on Career

(MENAFN) Former Olympic diver Leon Taylor considers earning the silver medal at the 2004 Athens Olympics—breaking a 44-year medal drought for Great Britain in diving—as one of the most significant achievements in his life. Recalling the event, Taylor said, …

Slovak Premier makes veto promise to Putin

Slovak Premier makes veto promise to Putin

(MENAFN) Slovak Prime Minister Robert Fico has pledged to veto any future European Union proposal for a total energy embargo on Russia, emphasizing his opposition during a meeting with Russian President Vladimir Putin in Moscow on Friday. Fico also …

India-Pakistan ceasefire agreement gets breached hours following coming into force

India-Pakistan ceasefire agreement gets breached hours following coming into force

(MENAFN) A ceasefire agreement between India and Pakistan fell apart within hours of being implemented on Saturday, according to Indian officials. Air defense units in Jammu and Kashmir reportedly opened fire in response to perceived aerial threats, as …

Kremlin announces Russia is not afraid of Western sanctions

Kremlin announces Russia is not afraid of Western sanctions

(MENAFN) Kremlin spokesman Dmitry Peskov has stated that Russia is unfazed by new Western sanctions, claiming the country is accustomed to such pressure and has strategies in place to mitigate their impact. Speaking to journalist Pavel Zarubin on Saturday, …

Media reports Trump seeking tax hike on wealthy folks

Media reports Trump seeking tax hike on wealthy folks

(MENAFN) US President Donald Trump is reportedly considering a tax increase on the country’s wealthiest individuals to help fund a sweeping economic and legislative package, according to multiple media outlets citing sources close to the discussions. The …

Nuggets Edge Thunder in Playoff Clash, Secure 2-1 Advantage

Nuggets Edge Thunder in Playoff Clash, Secure 2-1 Advantage

(MENAFN) The Denver Nuggets secured a 2-1 advantage in the NBA Western Conference semifinals on Friday night, narrowly defeating the Oklahoma City Thunder 113-104 in an overtime battle. Playing at home in Ball Arena, the Nuggets saw strong performances …

Kremlin affirms Putin ‘doing whatever possible’ for Ukraine peace

Kremlin affirms Putin ‘doing whatever possible’ for Ukraine peace

(MENAFN) Russian President Vladimir Putin is making every effort to resolve the Ukraine conflict through peaceful means, but is left with no alternative but to continue military actions due to Ukraine's unwillingness to engage in dialogue, Kremlin …

Slovak Premier praises ‘extremely successful’ Moscow trip

Slovak Premier praises ‘extremely successful’ Moscow trip

(MENAFN) Slovak Prime Minister Robert Fico praised his recent visit to Moscow as a major success and a clear statement of Slovakia’s independent foreign policy, despite facing criticism from EU officials and travel restrictions from other member states. In …

Ukraine’s European supporters unable to replace US army assistance

Ukraine’s European supporters unable to replace US army assistance

(MENAFN) According to The New York Times, European nations backing Ukraine are unable to match the scale of U.S. military support due to limited arms production capabilities. Under President Donald Trump, the U.S. has scaled back its financial and military …

Protesters in London Rally on Republic Day

Protesters in London Rally on Republic Day

(MENAFN) A collective of demonstrators convened in central London on Saturday to voice their opposition to the monarchy in recognition of "Republic Day 2025." The anti-monarchy demonstration unfolded in Trafalgar Square, led by Republic, a prominent …

US, China Trade Talks Mark ‘Total Reset’

US, China Trade Talks Mark ‘Total Reset’

(MENAFN) United States Leader Donald Trump announced on Saturday evening that his administration held a "very good meeting" with Chinese officials regarding trade matters in Switzerland. The discussions, according to Trump, resulted in a "total reset" of …

Serbia indorses commitment to energy collaboration with Russia

Serbia indorses commitment to energy collaboration with Russia

(MENAFN) Serbia aims to preserve, or even enhance, the favorable terms of its current natural gas agreement with Russia, President Aleksandar Vučić said during talks with Russian President Vladimir Putin in Moscow. The existing deal is set to expire at the …

Ukraine declares it’s willing to agree on 30-day ceasefire

Ukraine declares it’s willing to agree on 30-day ceasefire

(MENAFN) Ukrainian Foreign Minister Andrey Sibiga announced on Saturday that Ukraine is prepared to initiate a 30-day “full unconditional ceasefire” with Russia starting Monday. He emphasized that this potential truce covers land, air, and sea operations, …

Iran Holds Firm on Nuclear Rights Ahead of U.S. Meeting

Iran Holds Firm on Nuclear Rights Ahead of U.S. Meeting

(MENAFN) Iran's top diplomat, Seyed Abbas Araghchi, declared on Saturday that the nation will not compromise its right to nuclear technology during upcoming negotiations with the United States. Speaking at a conference in Doha just before the fourth round …

Israeli Blockade Leaves Gaza "Dying of Thirst," Water Authority Warns

Israeli Blockade Leaves Gaza "Dying of Thirst," Water Authority Warns

(MENAFN) The Palestinian Water Authority (PWA) issued a grave warning on Saturday regarding a severe water crisis in the Gaza Strip, stating that the region is 'dying of thirst' as a result of the near-total breakdown of water and sanitation services amid …

China describes Xi’s Moscow trip as ‘a complete success’

China describes Xi’s Moscow trip as ‘a complete success’

(MENAFN) Chinese Foreign Minister Wang Yi has praised President Xi Jinping’s recent trip to Moscow as a major success, highlighting the strength and resilience of China-Russia relations. Xi's visit coincided with Russia's 80th Victory Day celebrations and …

Zelenskyy Expresses Thanks for Continued US Aid

Zelenskyy Expresses Thanks for Continued US Aid

(MENAFN) Ukrainian Leader Volodymyr Zelenskyy announced on Saturday that new US military assistance is set to arrive in Ukraine today, expressing his gratitude to United States Leader Donald Trump for the ongoing support and intelligence exchange, …

Leo XIV’s election reveals details about US power

Leo XIV’s election reveals details about US power

(MENAFN) The newly elected Pope Leo XIV has made history as the first-ever pope from the United States, though his background reveals a far more global identity than his Chicago birthplace might suggest. Known affectionately as “Father Bob,” Pope Leo XIV— …

Macron Reveals 30-Day Ceasefire Proposal in Ukraine

Macron Reveals 30-Day Ceasefire Proposal in Ukraine

(MENAFN) On Saturday, French Leader Emmanuel Macron revealed that European leaders have proposed a 30-day, unconditional ceasefire in Ukraine, set to begin Monday. The ceasefire would be monitored primarily by the United States, with additional support …

Putin Describes Israel’s Ban on Gaza Aid as ‘worrying’

Putin Describes Israel’s Ban on Gaza Aid as ‘worrying’

(MENAFN) Russian Leader Vladimir Putin, during discussions with Palestinian President Mahmoud Abbas in Moscow on Saturday, referred to the situation in Palestine as a series of "tragic events" and labeled it "a humanitarian catastrophe." He condemned …

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