Weak demand domestically and the impact of the Iran war on oil prices overshadowed the country's strong exports.
China tops US in global favorability for first time: Report
Public opinion of the US has worsened to the extent that China is now seen more favorably in most of the 36 countries surveyed this year ...
Dubai Property Tycoon Plans $20 Billion Development in Syria
In recent weeks, the Dubai-based property tycoon Mohamed Alabbar has toured the Mediterranean shoreline of one of Syria’s longest beaches. The pristine coastline outside the port city of Latakia looks ... ( read original story ...)
South Korea to modify 76-year-old law to classify cryptocurrencies as national assets
From tokenized public spending trials to government bond pilots, the state is aggressively pushing public finance onto distributed ledgers. ( read original story ...)
Empty Skyscrapers: China’s Property Slump Still Throttling Growth
The world's tallest unoccupied skyscraper was meant to boast a rooftop pool and a luxury hotel after completion, but instead it has stood deserted in the Chinese port city of Tianjin for years. ( read original story ...)
China’s Real Estate Market Expectations Rebound in First Half, NBS Says
China's real estate market saw improving supply and demand dynamics in the first half of the year, helping lift market expectations, according to a senior statistics official. The improvement was ... ( read original story ...)
China Q2 GDP Growth Slows to 4.3% as Weak Domestic Demand and Property Slump Drag Down Quarterly Growth
China’s economy expanded at its slowest pace since late 2022 in the second quarter, missing market expectations as weak domestic demand and a prolonged property downturn outweighed strong exports. ( read original story ...)
Iran Threatens To Halt All Mideast Energy Exports After Trump Reimposes Naval Blockade
The U.S. has resumed striking Iran during daylight — a move that further signaled the increasing tempo in attacks.
Oil edges higher after US reimposes naval blockade of Iran, launches more airstrikes
Oil prices rose Wednesday after U.S. forces struck Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.
Turkey starts storage expansion on key LNG import terminal
Turkey has started expansion work at Marmara, its second largest liquefied natural gas terminal, with aims to build a fourth tank to increase the facility's total storage capacity by 63%. Turkey's ...