ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies....
Category : Business
Japan set fiscal 2026 defense spending near 2% of GDP as the Ministry of Defense expanded funding for missiles, drones and air defense....
Malaysia recorded RM68.52 billion in halal exports in 2025, as food and beverage products remained the sector’s largest contributor....
South Korea approved its first paid self-driving freight service, clearing RideFlux to launch autonomous parcel deliveries in June....
SEJONG: South Korea’s automobile exports rose in March as strong global demand for hybrid vehicles lifted overseas shipments despite weaker sales in parts of Asia and the Middle East. The Ministry of Trade, Industry and Resources said...
BEIJING: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, arrived in Beijing to begin an official visit to China that runs from April 12 to April 14, with both sides framing...
BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released by the China Association of Automobile Manufacturers. Output jumped 74.4%...
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure,...
BEIJING: China’s consumer inflation rose 1.0% in March from a year earlier, official data showed on Friday, easing from February’s 1.3% increase as spending cooled after the Lunar New Year holiday period. On a month-on-month basis, the consumer...
ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that could shape the Federal Reserve’s next move on interest rates....