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The Bank of Korea estimates that North Korea's economy grew by 3.5% in 2025, marking the third consecutive year of positive growth. Analysts attribute this to a gradual recovery from pandemic-related lockdowns and sanctions, though specific details remain undisclosed.
The commercial value of the Indian Premier League (IPL) has increased by more than 11% to $20.6 billion this year, according to a report from U.S. investment bank Houlihan Lokey. This marks the second consecutive year of double-digit growth for the league. The report highlights record franchise valuations and increasing private equity participation.
Japan's economy grew at an annualized rate of 1.8% in Q1 2026, revised down from 2.1% due to slower capital investment. Personal consumption rose 0.6% and exports contributed positively, but labor shortages and rising input costs pose challenges. The data will influence the Bank of Japan's monetary policy review.
Japan's industrial output rose 0.8% in April, beating market expectations of 0.5%. The recovery was led by key manufacturing sectors, but analysts warn of headwinds from global demand and currency swings.
Bilateral trade between Russia and Iran surged more than 20% in 2025 compared to the previous year, according to a Russian official. The growth reflects deepening cooperation in energy, transport, and agriculture, driven by recent deals and corridor usage. Moscow highlights a positive trend despite potential variations in detailed statistics.
