The rise of China's DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.
China hopes EU to reach ‘political decision’ on EV tariffs soon, commerce minister says
China hopes the European Commission will make a "political decision" on its anti-subsidy case against Chinese electric vehicles soon, Commerce Minister Wang Wentao said in a video call with ...
Exclusive: Xi to chair symposium attended by Jack Ma and other Chinese business leaders
Xi rarely chairs symposiums about the private sector and the event underscores the numerous challenges currently facing China Inc.
Apple’s Alibaba AI deal is unlikely to be a silver bullet for its China woes
Apple and Alibaba are set to partner and bring AI to iPhones in China at a time when its smartphone sales in the country are sliding.
Iran Rejects US Allegations of Arming Yemeni Forces as ‘Baseless’
Iran’s Permanent Mission to the UN has dismissed as "baseless" US claims that Tehran is supplying weapons and financial support to Yemeni resistance forces, asserting that the Islamic Republic remains ...
Malaysia outperforms 2024 GDP and fiscal deficit targets
Malaysia’s gross domestic product jumped to 5.1% in 2024 (2023: 3.6%), beating the government’s 4%-5% forecast, while the fiscal deficit narrowed to 4.1%, outperforming the 4.3% target.
Saudi Arabia’s PIF acquires 30% stake in Masdar for Building Materials
Saudi Arabia’s Public Investment Fund (PIF) has acquired a 30% stake in Masdar for Building Materials Company, a building and construction materials trading and distribution company. The stake has ...
Saudi Arabia’s PIF acquires 30% stake in Masdar for Building Materials
Saudi Arabia’s Public Investment Fund (PIF) has acquired a 30% stake in Masdar for Building Materials Company, a building and construction materials trading and distribution company. The stake has ...
Emerging economies to meet in Saudi Arabia as Trump tariffs cast trade uncertainty
Central bankers and finance ministers from emerging market economies are set to descend on AlUla in Saudi Arabia this weekend to hold discussions on regional and global macroeconomic developments, as ...
IRAQ RECAP: Securities Commission signs five-year MoU with Egyptian counterpart
The Iraqi Securities Commission confirmed a new memorandum of understanding with Egyptian authorities aimed at enhancing financial market transparency and stability, Iraqi News Agency reported on ...