Samsung Group detailed plans on Thursday to invest 140 trillion won ($90 billion) for production of display panels, batteries, chips and chip materials in the central province of Chungcheong.
Sales of passenger cars and light commercial vehicles in Turkey fell 11.44% year-on-year in June to 105,041 units, the Automotive Distributors and Mobility Association said on Thursday.In June, passenger car sales were down 10.35% to 83,978 while light commercial vehicle sales decreased 15.53% to 2…
Malaysia's economic growth could be constructive in 2H, reaching around 4%-4.5%, supported by strong exports and domestic consumption, FSMOne's Alwyn Chew Chuan Shyn says at an event in Kuala Lumpur. Despite elevated oil prices due to the Middle East conflict, the impact on inflation could be manag…
By Andy SerwerAt a recent gala dinner in Manhattan, Treasury Secretary Scott Bessent was asked how independent-minded the new Federal Reserve chairman, Kevin Walsh, would be, given President Donald Trump's strong preference, shall we say, for lower interest rates."Look, the president understands, h…
Vietnam exported 1.1 million metric tons of coffee in the first half of 2026, up 9.7% from the same period a year earlier, the government said in a statement on Thursday.Export revenue over the period fell 14.4% to $4.78 billion, the government said.
Military aviation operations in Poland's airspace related to Russia's strikes on Ukraine have ended, the Polish army said."We would like to inform you that no violations of Polish airspace were recorded," it said on X.Earlier in the night, the Polish Armed Forces said that Poland, a NATO and Europ…
By Pablo SinhaGold prices rose on Thursday as softer-than-expected U.S. jobs data and lower oil prices eased inflation concerns, while investors awaited the nonfarm payrolls report for cues on the Federal Reserve's policy path.Spot gold TVC:GOLD rose 0.9% to $4,065.51 per ounce, as of 0425 GMT, aft…
By Maria Martinez and Kate AbnettThe June heatwave that broke a series of temperature records in Europe has focused minds on the urgency of adapting to global warming in a continent once complacent about its relatively gentle climate and its ambitious goals on reducing emissions.The European Union…
The Swiss National Bank said on Thursday the country's banks were in a good position to cope with current macroeconomic and financial challenges, and noted that UBS SIX:UBSG appeared well capitalised as it faces tougher capital requirements."The Swiss banking sector is well positioned to withstand…
If Japan's Prime Minister Sanae Takaichi uses her "Basic Policy" economic blueprint--for which Cabinet approval is expected this month--to discourage additional interest rate hikes, it could push back the timing of the Bank of Japan's next move, says Nomura Research Institute economist Takahide Kiu…
Dubai, UAE - The GCC People Pulse, the region’s first dedicated monthly workforce sentiment tracker, is out and survey results indicate that positive sentiment among employees working for organisations across the region outperforms global benchmarks.The report, which has been launched by Employee E…
Australia announced changes on Thursday to the way it manages the delivery of defence projects, aiming to curb billions of dollars in cost overruns and lengthy delays.
Dubai, UAE: Emarat Petroleum Company PJSC (Emarat), a pioneer in the UAE’s oil and gas industry, has expanded its international footprint with the opening of its first branded service station in Yerevan, the capital of Armenia. The milestone reflects Emarat’s continued efforts to advance its intern…
The rupiah dipped around IDR 17,990 per dollar on Thursday, marking a fourth straight session of losses as broad U.S. dollar strength weighed ahead of the key nonfarm payrolls release.Domestic sentiment also soured after Fitch Ratings warned that sustained capital outflows or a prolonged decline in…
KNCAIRO: DP World today announced the launch of Egypt's first fully integrated Logistics Distribution Centre (LDC) at Sokhna Logistics Park, marking a significant milestone in the country’s logistics sector.The new facility enables international companies to access the Egyptian market while serving…
Indonesia's current account deficit is expected to peak at 3.0% of GDP in 2Q before narrowing in 2H as energy prices ease, CIMB economists say in a note. Indonesia's May trade deficit was driven by an oil and gas shortfall and softer commodity exports, while imports remain supported by investment d…
The World Bank raised Vietnam and the Philippines to upper-middle income status after years of brisk economic expansion, potentially boosting investor confidence in both countries, according to Bloomberg.
By Christy SanthoshThe U.S. provisional death rate fell 4.6% in 2025, with heart disease, cancer and unintentional injuries remaining the leading causes of mortality, the Centers for Disease Control and Prevention said on Thursday.The age-adjusted death rate fell to 689.2 deaths per 100,000 people…
By Toby SterlingChinese export controls, dependence on the U.S. for technology and the structural weakness of Europe's domestic chip industry mean it faces a "bleak future," an EU-funded report found on Thursday.The independent report by the European Union's Institute for Security Studies and Frenc…
NAIROBI, KENYA / ACCESS Newswire / July 1, 2026 / The Nairobi International Financial Centre (NIFC) continues to strengthen Kenya's position as Africa's leading destination for global capital by certifying a new cohort of firms spanning digital finance, climate and carbon markets, artificial intell…
