Browsing: Business

Oil prices dropped sharply on Tuesday following remarks by U.S. President Donald Trump indicating that China can continue purchasing oil from Iran. The statement signals a potential shift in Washington’s “maximum pressure” policy against…

Foreign currency deposits in the Republic of Korea recorded their first increase in four months during May, supported by a rise in deposits at securities firms and the…

Renewable energy sources accounted for 42.5% of the European Union’s net electricity generation in the first quarter of 2025, marking a decline of 4.3 percentage points compared to…

The price of Kuwaiti crude oil increased by $1.29 on Thursday, reaching $77.46 per barrel, according to a statement issued by the Kuwait Petroleum Corporation on Friday. This marks a…

Global foreign direct investment (FDI) rose by 4 percent in 2024 to reach US$1.5 trillion, according to the World Investment Report 2025 released by the United Nations…

The European Commission has estimated that the European Union will need to invest €241 billion in nuclear energy infrastructure by 2050 to meet its climate neutrality and decarbonisation targets. The…

Japan recorded a trade deficit of 637.6 billion yen ($4.4 billion) in May, marking the second consecutive month of red ink as exports declined amid falling demand…

The United Arab Emirates’ real gross domestic product (GDP) reached AED1,776 billion in 2024, reflecting a year-on-year growth rate of 4 percent, according to figures released…

China’s exports to the United States collapsed in May, plunging 34.5% year-on-year in the sharpest drop since the pandemic-era crash of early 2020. The dramatic fall underscores escalating trade…

China’s consumer prices declined for a fourth consecutive month in May, heightening concerns over persistent deflation and sluggish domestic demand despite ongoing government stimulus efforts. Data released…