Browsing: Business

Latest UAE economic data pointed to resilient growth, with non-oil sectors, exports, lending and deposits all moving higher.

Japan set fiscal 2026 defense spending near 2% of GDP as the Ministry of Defense expanded funding for missiles, drones and air defense.

Malaysia recorded RM68.52 billion in halal exports in 2025, as food and beverage products remained the sector’s largest contributor.

South Korea approved its first paid self-driving freight service, clearing RideFlux to launch autonomous parcel deliveries in June.

South Korea’s auto exports rose 2.2% in March to $6.37 billion as hybrid vehicle demand surged, lifting shipments despite weaker sales in some regions.

IRENA says the world added a record 692 GW of renewable power in 2025, lifting total capacity to 5,149 GW and pushing renewables near half of all power.

Sheikh Khaled and Li Qiang held talks in Beijing as the UAE and China expanded strategic cooperation across trade, investment, energy and technology.

Sheikh Khaled bin Mohamed arrived in Beijing for a three-day China visit aimed at deepening UAE-China ties, trade links and cooperation across key sectors.

Bank of Korea kept its benchmark rate at 2.50% for a seventh straight meeting, citing higher inflation pressure, weaker growth and market volatility.

China auto output hit 2.917 million and sales reached 2.899 million in March, rebounding sharply from February as exports and NEVs led the market.