International News

European countries ramp up defense spending amid mounting security concerns

AKP Phnom Penh, 12 June, 2026-- The recent announcement by the United States that it will reduce military presence in Europe, alongside the European Union's (EU's) persistently tense relations with Russia, has heightened security concerns across the bloc and accelerated efforts to strengthen milita...

ECB hikes interest rates amid inflationary pressures

AKP Phnom Penh, 12 June, 2026-- The European Central Bank (ECB) decided on Thursday to raise all three key interest rates by 25 basis points. The deposit facility rate through which the ECB steers the monetary policy stance will be lifted to 2.25 percent and the rates on the main refinancing ope...

Trump says U.S. secretly escorted over 200 commercial ships through Hormuz Strait

AKP Phnom Penh, 11 June, 2026-- U.S. President Donald Trump said Wednesday that the U.S. military has secretly assisted more than 200 commercial vessels in transiting the Strait of Hormuz since last month. "This effort has resulted in more than 100 MILLION Barrels of Oil making its way through t...

Libya signs unified oil field deal to boost production

AKP Phnom Penh, 11 June, 2026-- Libya's National Oil Corporation (NOC) announced on Wednesday the signing of a unified operating agreement for the I/R oil field in the Murzuq Basin in southwestern Libya, aimed at enhancing coordination among partners and improving operational efficiency. The agr...

S. Korean banks' household lending rises faster in May

AKP Phnom Penh, 11 June, 2026-- South Korean banks' household lending rose faster last month due to solid demand for both mortgage and credit loans, central bank data showed Thursday. Debt owed by households to deposit-taking banks totaled 1,181.8 trillion won (772.9 billion U.S. dollars) at the...

Vietnam capital proposes bond issuance to support development

AKP Phnom Penh, 11 June, 2026-- Vietnam's capital Hanoi has submitted a draft resolution on bond issuance and borrowing mechanisms to mobilize resources for strategic projects during 2026-2035, the Vietnam News Agency reported Thursday. Under the document, the city would be allowed to issue loca...

Mexico, U.S. to bolster security, migration cooperation

AKP Phnom Penh, 10 June, 2026-- Mexico will hold talks with the United States this week to strengthen bilateral cooperation on key issues, including border security, law enforcement and migration, Foreign Minister Roberto Velasco said Tuesday. Security working groups from both sides will meet Fr...

Senior Chinese political advisor visits Vietnam

AKP Phnom Penh, 10 June, 2026-- Xian Hui, vice chairperson of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), visited Vietnam from Monday to Wednesday. Xian met with senior officials of the Communist Party of Vietnam Central Committee and the Vietnam Fathe...

Indonesia pushes AI-based GovTech acceleration to strengthen governance, state revenue

AKP Phnom Penh, 10 June, 2026-- Indonesia has been accelerating the development of artificial intelligence (AI)-based government technology (GovTech) to strengthen governance, improve public services, and boost state revenue, a senior official has said. The initiative was discussed during a meet...

EU climate monitor reports second-warmest May globally

AKP Phnom Penh, 10 June, 2026-- May 2026 was the world's second-warmest May on record, with Western Europe experiencing an unusually early heatwave, the European Union's climate monitoring service said on Wednesday. The Copernicus Climate Change Service (C3S) said the global average surface air...

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