Tag : global economy

Business

UAE strengthens position among fastest-growing economies

manamalive.com
ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in non-oil sectors, rising trade volumes, and sustained investment inflows. Official...
South Korean economy grows 2 percent in 2024, steady progress
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South Korean economy grows 2 percent in 2024, steady progress

manamalive.com
Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery....
World Bank remains bullish on India’s economic growth and potential
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World Bank remains bullish on India’s economic growth and potential

manamalive.com
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....
Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar
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Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar

manamalive.com
Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility....
UK growth forecast slashed as Bank of England lowers rates
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UK growth forecast slashed as Bank of England lowers rates

manamalive.com
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Korean won hits new yearly low amid Trump tariff concerns
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Korean won hits new yearly low amid Trump tariff concerns

manamalive.com
The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South Korea....
Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments
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Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments

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Moscow rebuffed Trump’s claims on BRICS forming a currency, asserting that the group is prioritizing joint investments rather than replacing the U.S. dollar in global trade....
Elliott Management warns of crypto collapse due to White House backing
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Elliott Management warns of crypto collapse due to White House backing

manamalive.com
Elliott Management warns crypto is a speculative bubble driven by hype and White House support, cautioning that its collapse could destabilize the U.S. dollar....
China industrial profits fall 4.7 percent in first eleven months of 2024
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China industrial profits fall 4.7 percent in first eleven months of 2024

manamalive.com
China’s industrial profits fell 4.7 percent in the first eleven months of 2024, according to the National Bureau of Statistics, highlighting ongoing economic challenges....
ADB lowers South Korea’s 2025 growth forecast to 2 percent
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ADB lowers South Korea’s 2025 growth forecast to 2 percent

manamalive.com
The ADB lowered South Korea's 2025 growth forecast to 2%, citing a semiconductor slump despite rate cuts and policies. The projection aligns with IMF and OECD estimates....