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Trump, the Panama Canal and the Hong Kong firm at the heart of a showdown.

US President Donald Trump’s claim that China controls the Panama Canal has placed a Hong Kong tycoon and his conglomerate at the heart of a showdown between the US and China. Tha...

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Chinese funds’ US$35.9 billion bet on Hong Kong stocks fuels world’s best rally.

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Saudi Arabia’s non-oil sector maintains strong growth, latest PMI report shows.

Saudi Arabia’s non-oil private sector continued its strong growth in February, driven by strong customer demand, increased hiring, and a positive economic outlook. According to t...

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Founder of stablecoin digital bank, Infini offers 20% bounty for return of stolen $49.5 million.

The founder of Infini, a stablecoin digital bank, Christian Li, has extended a 20% bounty offer to a hacker following a $49.5 million heist. In a blockchain transaction, Li sent 0....

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Saudi Arabia leads GCC fixed income markets to hit $147.9bn in primary issuances.

Primary debt issuances of bonds and sukuk across the Gulf Cooperation Council region rose 55.1 percent in 2024 to $147.9 billion, according to an analysis. In its latest report, Ku...

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Morgan Stanley: China Could Curb Coal Imports Amid Ample Supply.

China, the world’s biggest importer and consumer of coal, could reinstate import curbs and controls amid growing oversupply, Morgan Stanley analysts say. While China is unlikely ...

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Over 1,300 Saudi industrial licenses awarded in 2024, attracting $13.3bn investment, latest figures show.

More than 44,000 new jobs are expected in Saudi Arabia after the Kingdom issued 1,346 industry licenses in 2024, an official report has revealed. The Ministry of Industry and Miner...

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Plan to raise tax allowance from £12,570 to £45,000 update as MPs demand new statement.

MPs intervened as public pressure mounts on Chancellor Rachel Reeves to increase the personal tax allowance from £12,570 to a staggering £45,000. The current threshold, frozen si...

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Global X’s Physical Gold ETF tops $2.5 billion in net assets.

South Korea’s Mirae Asset Global Investments announced on Feb. 12 that its Australian affiliate’s ‘Global X Physical Gold,’ the world’s first physical gold ETF, had toppe...

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South Korea’s Export Growth Slows to 1% in February Despite 7.3% increase in Working Days.

The Ministry of Trade, Industry and Energy released the “February Export Trends” on March 1, revealing a mixed performance in South Korea’s export sector. The report highlig...

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Recent Posts

  • SK Group proposes $10 billion in LNG investments across Vietnam.
  • Shell Set to Add 12 Million Tons of LNG Capacity by 2030.
  • US and China agree framework deal to extend trade war truce
  • Russia says plan to boost role in Africa includes ‘sensitive’ security ties.
  • The US has $36 trillion in debt. What does that mean, and who owns it?

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