California’s economy surpasses Japan’s as it becomes fourth largest in world.
California’s economy has surpassed Japan’s, making the Golden state the fourth largest economy in the world, Governor Gavin Newsom announced on Thursday. The state’s nominal […]
Jordan, Hungary explore enhancing economic cooperation, enhancing trade ties.
The Jordanian-Hungarian Joint Committee convened its fourth session in Amman on Thursday to explore avenues for expanding bilateral economic cooperation, with a […]
Gold falls as China mulls suspending tariffs on some US imports.
Gold prices declined on Friday as China mulls suspending tariffs on certain U.S. imports, denting the metal’s safe-haven appeal. Spot gold fell […]
Oil Down Nearly 3% As White House Tariff Talk Rumors Fly.
Oil prices declined on Wednesday even amid reports that the White House is contemplating significant cuts to tariffs on Chinese imports, a […]
Saudi EXIM Bank’s credit facilities more than double to $8.93bn.
The Saudi Export-Import Bank more than doubled its credit facilities in 2024, reaching SR33.53 billion ($8.93 billion), as the Kingdom ramps up […]
UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes.
UBS has downgraded its China GDP growth forecast to 3.4% for 2025, on the assumption that tariff hikes between it and the […]
China bans export of Korean goods containing its rare earth metals to US.
The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military contractors, […]
‘The Sell America Trade’: Who’s behind the sinking of the U.S. dollar.
The U.S. dollar is down nearly 9%, year to date. Yields on Treasuries have stayed high even though the stock market has gone […]
Egyptian Swiss Group to invest $10mln to expand production.
The Egyptian Swiss Group for Pasta, Milling, and Concentrates plans to invest $10 million in expansion projects to boost production capacity to […]
Inside Factories in China, a Struggle to Survive Trump’s Tariffs.
Small factories with tiny profit margins have played a central role in China’s international competitiveness. Many could now face disaster. As President […]
Bill Ackman Makes Big Bet on Hertz Becoming Tariff Winner.
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the […]
Nigeria’s feed, fodder sector offers $1bn investment opportunity — AU.
The African Union Inter-Africa Bureau for Animal Resources (AU-IBAR) says Nigeria’s Feed and Fodder sector offers an investment opportunity worth $1 billion. […]