Asian Markets Rise as AI Chip Rally Extends Across the Region
Asian financial markets moved higher on Wednesday as renewed enthusiasm for artificial intelligence technology continued to lift semiconductor companies and...
Business News
Luxury Industry Faces Tougher Market as Consumers Pull Back on High-End Spending
September The global luxury-goods industry is confronting a difficult period as consumers become more selective with expensive purchases, economic pressures...
ASEAN-Plus Three Trade Surges as Asian Economies Deepen Regional Economic Cooperation
Economic cooperation between Southeast Asia and the region's three major Northeast Asian partners is gaining momentum, with new figures showing...
EU and Philippines Reach Major Free-Trade Agreement After Years of Negotiations
The European Union and the Philippines have reached a substantial agreement on a free-trade deal, marking a major step toward...
Fed Rate Hike Expectations Rise as Persistent Inflation Keeps Markets on Edge
September 22, 2026 Global financial markets are adjusting to the possibility of another U.S. interest-rate increase as persistent inflation and...
US and China Step Up Trade and AI Talks Ahead of Trump-Xi Summit
September 22, 2026 The United States and China have intensified discussions on trade, investment and artificial intelligence ahead of a...
Asian Development Outlook September Update: Asia’s Economic Outlook in Focus
The Asian Development Bank’s Asian Development Outlook (ADO) 2026 continues to provide a detailed assessment of economic conditions across Asia...
ONGC Invites Expressions of Interest for Project Management Consultants for Construction Projects
New Delhi, September Oil and Natural Gas Corporation Limited (ONGC) has invited Expressions of Interest (EOI) from qualified and experienced...
Small Businesses Drive Jobs, Innovation and Growth Across Latin America and the Caribbean
September 20, 2026: Micro, small and medium-sized enterprises (MSMEs) are playing a central role in the economic development of Latin...
G20 Economic Growth Slows as OECD Data Shows 0.7 Percent Expansion in Second Quarter
Economic growth across the G20 group slowed during the second quarter of 2026, according to the latest figures from the...
ASEAN Economic Ministers Advance Regional Trade Integration and New Trade Facilitation Measures
Manila, September ASEAN economic ministers have renewed efforts to strengthen regional trade integration, improve the movement of goods and prepare...
Nestlé Reviews Its Options After Russia Places Local Business Under Temporary Administration
Zurich, September 18, 2026: Swiss food and beverage giant Nestlé is assessing its options after Russia placed the company's local...
Bank of Japan Raises Interest Rate to 1.25% as Inflation Risks Persist
Tokyo, September 18, 2026: The Bank of Japan has raised its benchmark interest rate to 1.25%, taking borrowing costs to...
Germany’s Machinery Industry Faces Fourth Consecutive Year of Decline
Berlin, September Germany's machinery and equipment industry is expected to record its fourth consecutive year of declining production in 2026,...
Chile’s Codelco Delays Major Restructuring Plan as Copper Giant Reviews Costs
Santiago, September 17, 2026: Chilean state-owned copper producer Codelco has indicated that its long-awaited restructuring strategy may not be ready...
Brazil’s Petrobras Raises Diesel Price as Government Subsidy Shields Distributors
Brasília, September 17, 2026: Brazil’s state-controlled oil company Petrobras has increased the price of diesel supplied to distributors by an...
New Zealand Parliament Approves India Trade Agreement, Opening Way for Implementation
Wellington, September 17, 2026: New Zealand's Parliament has approved legislation implementing a free trade agreement with India, marking a significant...
Thailand Pushes to Advance US Trade Deal as Tariff Talks Enter Final Stage
Bangkok, September 17, 2026: Thailand is stepping up efforts to finalize a trade arrangement with the United States as Prime...
Kenyan Anti-Corruption Agency Arrests Tax Official Over Alleged Bribe
Nairobi: Kenya's anti-corruption authorities have arrested a Kenya Revenue Authority official in Kisumu following allegations that he sought money from...
Sri Lankan-Made Amphibious Boat Exported to Europe in Local Manufacturing Milestone
Colombo, Sri Lanka — September 12, 2026: Sri Lanka has marked a notable development in its local manufacturing sector with...
Luxembourg Launches New Fund to Support Future-Focused Investments
Luxembourg has officially launched the Luxembourg Future Fund 3, a new investment initiative involving the Ministry of Finance, the Ministry...
Nigeria: Government Moves to Strengthen Gas Investment and Crack Down on Delayed Projects
Nigeria is stepping up efforts to attract investment into its natural-gas sector while putting greater pressure on companies that have...
Argentina: Inflation Eases to 1.7% in August as Milei Government Faces Economic Pressure
Argentina recorded a 1.7% monthly inflation rate in August, the lowest monthly figure in 14 months, according to data from...
Greece: Government Unveils Plan to Cut Electricity Costs by 30%
Greece is preparing a major programme aimed at reducing electricity costs for households and businesses by as much as 30%...
Czech Republic: Central Bank Keeps Key Financial Buffer Unchanged
The Czech National Bank (CNB) has decided to keep the countercyclical capital buffer for Czech banks and credit unions at...
Vietnam: Vietnam Airlines Plans Five New Airbus A350-900 Aircraft
Vietnam Airlines has signed a memorandum of understanding with Airbus for the purchase of five A350-900 wide-body aircraft, marking another...
Egypt: Cairo and India Move to Deepen Industrial Cooperation and Investment
Egypt and India are working to expand industrial cooperation and attract greater Indian investment, with both sides discussing new opportunities...
Nigeria: Regulator Threatens to Revoke Licences of Delayed Gas-Flare Projects
Nigeria is stepping up pressure on investors involved in its gas-flare commercialisation programme, warning that companies could lose their project...
South Africa: Higher Energy Costs Put Pressure on the Economy
South Africa’s economy is facing fresh pressure from the surge in global energy prices linked to the escalating Middle East...
Norway: Government Expands Salmon Farming Capacity in Selected Areas
Norway’s government has approved new rules allowing the country’s aquaculture industry to increase salmon production by a total of 8,200...
France: Economic Growth Forecast Cut Sharply as Inflation and Unemployment Risks Rise
France’s economic outlook has weakened significantly, with the country’s national statistics office INSEE cutting its forecast for 2026 economic growth...
Italy: Banking Consolidation Accelerates as Major Lenders Battle for Market Influence
Italy’s banking sector is entering a major phase of consolidation, with some of the country’s largest financial institutions pursuing ambitious...
Japan: Wholesale Inflation Keeps Pressure on Bank of Japan to Raise Rates
Japan’s wholesale inflation remained elevated in August, strengthening expectations that the Bank of Japan (BOJ) could raise interest rates at...
New Zealand Cuts Overseas Investment Fees to Attract More Foreign Capital
WELLINGTON — New Zealand is reducing fees for overseas investment applications in a move designed to make the country more...
South African Rand Rises as Investors Await Key Economic Data
JOHANNESBURG — The South African rand strengthened modestly in early trading on Thursday as investors prepared for the release of...
Indonesia to Cut Foreign Worker Permit Processing Time to Five Days
JAKARTA — Indonesia is moving to simplify the licensing process for foreign workers, with the government aiming to complete permit...
South Korea Signals Caution on Further Interest-Rate Hikes
SEOUL — The Bank of Korea is taking a cautious approach to additional interest-rate increases, with a board member saying...
India’s Solar Manufacturing Push Hits China Dependency Problem as Panel Factories Face Cell Shortages
NEW DELHI — India’s effort to build a more self-reliant solar manufacturing industry is facing a major supply-chain challenge, with...
UK Finance Chief Faces Fiscal Balancing Act as Government Prepares Major Economic Reset
LONDON — Britain’s new finance minister, John Healey, is preparing to outline a major economic strategy as the government attempts...
TCS Plans $7.4 Billion AI Data Centre Campus in Hyderabad as India Expands Compute Capacity
HYDERABAD — Tata Consultancy Services is moving deeper into the artificial-intelligence infrastructure race with plans for a $7.4 billion investment...
