TASS reports Russia is considering a temporary ban on diesel exports lasting several months.

MAS establishes Future Finance Institute to promote financial innovation.

South Korea's finance minister said on Friday the government will lower the national fuel price cap as part of measures to rein in inf. He said officials kept the sixth-round cap unchanged this week amid ongoing Middle East uncertainty, but the seventh-round cap will be set below the current level and maintained until consumer prices stabilize. Seoul introduced a nationwide fuel price cap in March for the first time in decades; authorities now review the cap monthly.