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…

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

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

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…

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

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

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

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

China’s consumer prices declined for a fourth consecutive month in May, heightening concerns over persistent deflation and sluggish domestic demand despite…

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.…