The Iraq Stock Exchange traded over 7 billion Dinars this week, with ISX60 and ISX15 indices both showing gains.
South Korea Jockeys for a Deal With Trump at Least as Good as Japan’s
The agreement Japan secured has added pressure on South Korea to defuse the threat of high tariffs on its exports to the United States.
Myanmar Junta Looks for Foreign Energy Investment
The Myanmar Investment Commission this month reported that the energy sector topped foreign investment categories, accounting for 28 percent of all investment across 12 key economic sectors. Myanmar ...
Turkey’s central bank cuts interest rate to 43%
Turkey's central bank has today lowered its key interest rate to 43%, with the three percentage point cut more than expected by analysts.
Turkey’s central bank makes three-point cut to interest rates in return to easing
Turkey's central bank on Thursday cut its key interest rate by three points points to 43%, returning down the path of monetary easing. The step marked the first rate reduction since April, when the ...
Trump says US will charge 19% tariff on goods from Philippines, down from 20%
It matches the 19% announced for Indonesia and bests Vietnam’s slightly higher rate of 20%. Read more at straitstimes.com. Read more at straitstimes.com.
Trump Announces Trade Deal With Philippines, Small Reduction in Tariff Rate
The U.S. leader said that Washington would apply a 19 percent tariff on Philippine imports, while Manila has agreed to remove all of its tariffs on American goods.
Japanese chipmaker goes bankrupt amid pressure from Chinese rivals
A once-promising Japanese chipmaker has collapsed under mounting debt, a slowdown in electric vehicle (EV) sales, and a surge in supply from Chinese rivals. The company filed for bankruptcy protection last week, less than three years after its widely heralded launch in late 2022.
Businesses deliver gloomy results even as markets celebrate Japan trade deal
Businesses making everything from chips to steel reported downbeat results on Wednesday, with U.S. President Donald Trump's trade war inflicting damage even as Japan's deal lifted stocks and hopes that Europe can clinch a similar agreement.
Forced curtailments, low demand drag down Pakistan’s oil & gas output in FY25
Oil and gas production in Pakistan declined significantly by 12% and 7% year-on-year (YoY), respectively, in FY25, as output from key fields remained under pressure due to forced curtailments and ...