Business

As stated by Singapore's central bank chief, the city-state is considering new measures that will make it more difficult for retail investors to trade cryptocurrencies at a time when retail investors seem to be "irrationally oblivious" to…
Read More...

Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and next. International Monetary Fund (IMF) and World Bank projections for India's growth for the next two fiscal years are in line…
Read More...

China's industrial firms reported a drop in profits in July, reversing previous gains as fresh COVID-19 curbs dragged down demand and squeezed factory margins, while power shortages caused by heatwaves threatened production during the…
Read More...

During a conference in Tunisia this weekend, Japan will pledge $30 billion in aid for African development, the Sankei Shimbun reported on Friday. During the Tokyo International Conference on African Development (TICAD), Prime Minister Fumio…
Read More...

The South Korean government announced that a subsidiary of theirs had won an order worth $2.2 billion from the Egyptian government. This is for the construction of the country's first nuclear power plant. El-Dabaa Nuclear Power Plant will…
Read More...

In a global wave of monetary tightening, the Bank of Japan needs to maintain massive stimulus to support an economy facing a resurgence of COVID-19 infections and slowing global demand, one of its board members said. On Thursday, BOJ board…
Read More...

In response to mounting supply tightness concerns over disruptions in Russian exports, the possibility of major producers cutting output, as well as the partial shutdown of a U.S. refinery, oil prices rose on Thursday. By 0400 GMT, Brent…
Read More...

A record two-decade low in the euro was recorded on Tuesday as renewed concerns over an energy shock pushed inflation higher and made Europe more likely to become recession-prone. The Chinese yuan slid down to a two-year low on Monday,…
Read More...

Updated official figures published on Monday showed that Britain recorded its biggest drop in output in more than 300 years as it faced the brunt of the COVID-19 pandemic in 2020, Reuters reported. According to the Office for National…
Read More...

According to the Egyptian Central Agency for Public Mobilization and Statistics (CAPMAS), Emirati investments increased by 169.1 percent during the first half of the fiscal year 2021-2022 to US$1.9 billion (AED6.98 billion), compared with…
Read More...