Small businesses facing higher import costs because of steeper U.S. tariffs are having to find different ways of handling the added expense.
South Korea’s stock market is having a moment
Global investors drive the Kospi index up about 28 per cent in the first half of 2025. Read more at straitstimes.com. Read more at straitstimes.com.
South Korea’s leader says trade deal with US remains unclear ahead of Trump’s deadline
South Korean President Lee Jae Myung says that it remains unclear whether Seoul and Washington can conclude their tariff negotiations by next week’s deadline set by President Donald Trump.
Israel-Iran War Casts Shadow Over Dubai, UAE Business Conditions
Business conditions in the United Arab Emirates suffered a setback in the closing stages of the second quarter after Israel’s war with Iran disrupted sales in June.The UAE’s Purchasing Managers’ Index …
Iran’s Central Planning Policies Harm Its Economy
Central planning thwarts Iran’s economy. Many Iranian government officials blame their nation’s economic demise on Western countries sanctions and not their …
Inside Iran’s war economy
E ven before the bombs began to fall, Iran’s economy was in a bad way. Six in ten working-age people were unemployed. Prices had risen by 35% in the past year. Some 18% of the population was living …
Iran conflict reveals need for America to rethink defense supply chain, expert says
Exiger CEO Brandon Daniels warns it’s time for America to rethink its defense supply chain after the recent conflict with Iran highlighted existing vulnerabilities.
Vietnam hails US pact a boost for business as firms await deal details
By Phuong Nguyen and Khanh Vu HANOI (Reuters) -Vietnam hailed a long-awaited trade deal with the United States as a breakthrough on Thursday and said negotiators were working to finalise details, as …
Pakistan to partner with Alibaba to boost exports
Pakistan will formalise a strategic partnership with Chinese e-commerce giant Alibaba next week in a bid to boost exports through digital trade infrastructure. Faiz Ahmad Chadhar, Chief Executive of …
Microsoft Officially Exits Pakistan After 25 Years
Microsoft has officially closed its operations in Pakistan, marking the end of a 25-year chapter for the global tech giant in the country. The remaining …