/ Economy / Global

UAE private sector growth in August is fastest this year

The non-oil private sector growth of Saudi Arabia inched up in August to its fastest rate this year, a survey showed on Tuesday, suggesting a long-awaited recovery of the economy may have begun. The country’s economy has been hit hard...

Turkish inflation hits 17.9pc in August

Turkish annual inflation rate surged to 17.9 per cent in...

S Korea's fruit imports hit record high in 2017

Fruit imports in South Korea hit a new record high...

India to help build Raxaul-Kathmandu rail link

India will help Nepal construct a rail link between Nepalese...

India sees big GDP growth in three months to June

India’s annual economic growth surged to a more than two-year...

India's economy likely grew 7.6 per cent

India’s economy likely sustained strong growth momentum for a second...

BIMSTEC Summit: FMs agree on projects worth $50b

The foreign ministers of BIMSTEC countries have agreed to identify...

Argentina asks IMF for early release of $50b bailout funds

Argentina's government has unexpectedly asked for the early release of...

London house price to crash: Reuters poll

House prices in London’s overvalued market will fall this year...

Life ins firms invest $9.3b in Vietnam’s economy in H1

Life insurance firms in Vietnam poured over 9.3 billion US...

China's July industrial profits up 16.2pc

Profits earned by China’s industrial firms rose 16.2 per cent,...

China's automobile imports surge after tariff cut

China's automobile and chassis imports witnessed strong growth in July...

China's consumer confidence remains high in Q2

China's consumer confidence remained high in the second quarter (Q2)...

Global trade growth to slow down: WTO

Global trade expansion is likely to slow down in the...

Europe to ban halogen lightbulbs from Sept 1

Halogen lightbulbs will be banned across Europe from Sept 1. ...

As central bankers meet, economic uncertainties weigh on sunny outlook

Global central bankers are navigating a new set of threats...

Mexico, US 'close' to resolving bilateral NAFTA issues

Mexico and the United States are close to resolving remaining...

India's RCom sells $285m worth assets to Reliance Jio

 India's Reliance Communications Limited said on Thursday it completed the...

Nepal to hold talks with China on energy cooperation

The Nepal government has formed a seven-member committee to hold...

Kerala floods impact a fifth of India’s coffee production

Kerala is the second largest coffee producing state in India,...

US, China to resume trade talks in Washington amid low expectations

US and Chinese officials are set to resume contentious trade...

Kuwait, Iraq to study developing shared oilfields: Oil minister

Kuwait and Iraq will appoint consultants soon to study the...

Japan, China seek to restart FX swap line in sign of warming ties

Japan and China are in talks to resume a currency...

Business community hopeful Imran can pull Pakistan out of economic mire

Business community on Monday appreciated Prime Minister Imran Khan’s maiden...

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