Browsing: Business

SEOUL: South Korea’s economy expanded 1.0% in 2025, its slowest annual growth since 2020, as weakening investment offset gains in exports and household spending, central bank data showed. The Bank of Korea said real gross domestic product fell 0.2% in

MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a week earlier,

BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference on the sidelines of the annual National People’s Congress. The briefing brought

MUMBAI: India’s rupee recorded the strongest gain among major Asian currencies after rebounding from a record low, helped by official support measures as the Reserve Bank of India reiterated its approach of smoothing excessive currency volatility rather than defending a

TOKYO: The United Arab Emirates and Japan have concluded negotiations on a Comprehensive Economic Partnership Agreement, officials said, marking a major step toward a bilateral trade and investment pact that both governments described as Japan’s first such arrangement with an

BERLIN: Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates’ deputy prime minister and foreign minister, met Germany’s Foreign Minister Johann Wadephul in Berlin on March 4, officials said. The meeting took place during a working visit and focused

BEIJING: China’s factory activity contracted for a second straight month in February, with the official manufacturing purchasing managers’ index (PMI) slipping to 49.0 from 49.3 in January, according to National Bureau of Statistics data released on March 4. A reading

BEIJING: China’s factory activity contracted more than expected in February, as a longer Lunar New Year holiday disrupted production schedules and slowed order flows, according to an official survey released on March 4. The National Bureau of Statistics said the

RIYADH: Saudi Arabia has placed a temporary ban on imports of poultry meat and table eggs from Indonesia under updated health controls published by the Saudi Food and Drug Authority, tightening access for Indonesian products to one of the region’s

TOKYO: Japan’s unemployment rate rose to a seasonally adjusted 2.7% in January from 2.6% in December, marking the first increase in five months, government data showed. The rise came as the number of people in work edged lower and the