Browsing: Business

AD Ports Group has agreed to acquire Corredor Logística e Infraestrutura S.A., known as CLI, Brazil’s leading independent agri bulk port terminal operator, in a transaction with an enterprise value of AED 3.1 billion, equivalent to USD 835 million. The

South Korea’s consumer inflation accelerated to 3.1 percent in May, the fastest pace in 26 months, as higher fuel costs lifted household and transport expenses across Asia’s fourth-largest economy. The consumer price index rose from 2.6 percent in April and

Tokyo stocks ended mixed on Monday as the Nikkei Stock Average closed at a fresh record high, supported by gains in heavyweight technology shares, while the broader market weakened. The 225 issue Nikkei rose 604.83 points, or 0.91 percent, to

China’s official manufacturing purchasing managers’ index fell to 50.0 in May from 50.3 in April, placing factory activity at the threshold that separates expansion from contraction. The reading, released by the National Bureau of Statistics and the China Federation of

World Health Organization (WHO) Director General Tedros Adhanom Ghebreyesus arrived in Kinshasa to support the response to an Ebola outbreak caused by the Bundibugyo virus, saying the disease “can be stopped” while warning that the operation remains complex in eastern

World Health Organization (WHO) Director General Tedros Adhanom Ghebreyesus arrived in Kinshasa to support the response to an Ebola outbreak caused by the Bundibugyo virus, saying the disease “can be stopped” while warning that the operation remains complex in eastern

South Korea’s industrial output, retail sales and equipment investment all declined in April from the previous month, official data showed, marking a broad monthly pullback across production, consumption and capital spending. The Ministry of Data and Statistics said the index

Indonesia is preparing a 100 gigawatt solar power program with an estimated investment requirement of about US$71.3 billion, as the government moves to identify land, storage needs and grid infrastructure for one of the country’s largest renewable energy projects. The

Indonesia is preparing a 100 gigawatt solar power program with an estimated investment requirement of about US$71.3 billion, as the government moves to identify land, storage needs and grid infrastructure for one of the country’s largest renewable energy projects. The

Singapore’s economy expanded 6.0% year on year in the first quarter of 2026, lifted by AI-related demand that boosted electronics manufacturing, precision engineering and semiconductor-linked trade, the Ministry of Trade and Industry said. The performance extended a 5.7% expansion in