Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and losing market share. But launching price wars is becoming more painful. The ...
World Bank forecasts 1.2% economic growth for Iraq in 2025
The World Bank forecasts 1.2% economic growth for Iraq in 2025, a recovery from 2024. Growth expected to accelerate to 4.4% in 2026. Regional outlook included.
South Korea’s R&D Spending Hits Record $61 Billion In 2024 As Tech War Intensifies; Check Here
Korean firms invested $61B in R&D last year (+15.3%), led by Samsung's $22B. But only 40 make global top 2000 amid US-China dominance ...
Italy’s Eni monitoring Iraq’s security situation
Italy's Eni is closely monitoring the security situation in Iraq, a spokesperson for the energy group said on Thursday after the United States decided to evacuate its embassy in the country.
Thailand’s Consumer Confidence Plunges Amid Trade Fears
Thailand's consumer confidence index dropped to its lowest point in over two years in May, falling to 54.2 from 55.4 the previous month. This marks the fourth consecutive monthly decline and the weake ...
Exclusive: China-backed militia secures control of new rare earth mines in Myanmar
A Chinese-backed militia is protecting new rare earth mines in eastern Myanmar, according to four people familiar with the matter, as Beijing moves to secure control of the minerals it is wielding as ...
Thailand tourism ups and downs: Would casinos hurt or help?
Thailand tourism increased with its appearance in HBO's “The White Lotus”. But the numbers are down again. Would casinos hurt or help?
Vietnam ready to further open market for US exports: minister
Vietnam is ready to further open its market and offer additional incentives for US exports, and hopes for corresponding steps from the US side, Minister of Industry and Trade Nguyễn Hồng Diên told ...
Tesla to take Japan virtual power plant business nationwide, Nikkei reports
Tesla will expand its virtual power plant business in Japan by providing free storage batteries to companies and remotely managing them to help balance energy supply and demand, Nikkei reported on ...
Bangladesh to become half a trillion-dollar economy in FY27
The government expects the country’s economy to cross the $500 billion mark in the fiscal year (FY) 2026-27, buoyed by stabilising policies and sectoral improvements.