The State Bank of Vietnam warned that inflationary pressures are likely to remain elevated throughout the year and said it has taken steps to ensure liquidity in the banking system and stabilize the dong amid global economic uncertainty, according to Bloomberg.
TFPARIS: International tourist arrivals in OECD countries rose by an estimated 3.4% in 2025 to reach a record 847 million, building on strong growth of 8.1% in 2024. However, as geopolitical tensions, shifting traveller behaviour, and extreme weather-related events continue to shape the tourism lan…
TFWASHINGTON: The World Bank's Board of Executive Directors approved a US$700 million loan to assist Jordan in turning economic stability into stronger private investment and more and better jobs.The Jordan Growth and Competitiveness Development Policy Financing II will support the Government of Jo…
TFDOHA: Invest Qatar, the Investment Promotion Agency of Qatar, released its 2025 Annual Report today, marking a remarkable year for foreign direct investment (FDI) and reaffirming Qatar’s position as a leading destination for high value, impact-driven global investment.In 2025, Qatar attracted $3…
TFWASHINGTON: The World Bank Board of Directors Wednesday approved $265 million to support the Ifahsa Pumped Hydropower Storage Project in Morocco, a major clean energy infrastructure investment in northern Morocco and one of the most significant of its kind on the African continent.The project wil…
Global risks are putting pressure on the Vietnamese central bank's policy management, deputy governor Pham Thanh Ha said on Thursday.The Southeast Asian manufacturing hub is targeting economic growth of more than 10% this year, supported by stronger infrastructure spending, but the impact of the Ir…
Japan's tax revenue looks set to have risen by about 9 trillion yen to a record 84.2 trillion yen ($518.12 billion) in the fiscal year ended in March, public broadcaster NHK said on Thursday.The figure would mark the first time for tax income to exceed 80 trillion yen and the sixth consecutive year…
By Hannah MiaoEuropean trade negotiators have suggested China is flooding the continent with too many goods. But state-media commentators in China are gleefully pointing out there is at least one product Europeans are eager to import more of: air conditioners."If China stops selling air conditioner…
By James GlynnSYDNEY--Australia's property market slowdown is gathering pace, with less than half of houses offered for sale at auctions successfully finding a buyer.There were 1,748 combined capital city auctions in the week ended June 28, a 7.0% decline from 1,880 the previous week and 14.5% lowe…
The government has extended the validity of tariff rate quota (TRQ) authorisations issued for gold imports under the India-UAE trade pact for FY 2025-26 until September 30, giving importers additional time to utilise their licences.The Directorate General of Foreign Trade (DGFT), in a public notice…
By James GlynnSYDNEY--Australia's property market slowdown is gathering pace, with less than half of houses offered for sale at auctions successfully finding a buyer.There were 1,748 combined capital city auctions in the week ended June 28, a 7.0% decline from 1,880 the previous week and 14.5% lowe…
Global investors’ interest in South Korea’s economy and capital markets has “clearly changed” for the better in recent years, the country’s top finance ministry official said, as the won prepares to shift to round-the-clock trading on July 6, according to Bloomberg.
The yield on the 10-year US Treasury note held around 4.48% on Thursday, maintaining its recent gains as investors cautiously awaited the June jobs report for fresh insights into labor market conditions and greater clarity on the Federal Reserve’s policy outlook.Data released on Wednesday showed pr…
India’s decision to allow banks to fund acquisitions could hurt private credit funds by squeezing returns in one of their most lucrative businesses, according to Bloomberg, citing Moody’s Ratings.
The Australian dollar remained below $0.690, hovering near a three-month low as investors pared back expectations for further interest rate hikes, while weaker-than-expected trade data weighed on sentiment.The country unexpectedly posted a AUD 3.02 billion trade deficit in May, the largest since De…
The stock market has seen its fair share of volatility to start 2026. For investors looking to protect their capital while generating reliable returns, adding defensive assets is crucial. If you have a tax-free savings account (TFSA) and want to inject some stability and consistent dividend income…
Both the minutes of the Reserve Bank of Australia's June policy meeting and the recent comments by Gov. Michele Bullock indicate that the policy rate might still need to be increased at a later date, says Stephen Miller, investment strategy adviser at GSFM. That reflects the inability of government…
By David S. Cloud | Photography by Katarina Premfors for WSJDUBAI — Before the Iran war, 40,000 shipping containers a day moved through Jebel Ali port, a sprawling complex of deep-water piers and warehouses that powered this city-state's rise from backwater to international powerhouse.Now, just 1,0…
Malaysia's banks are expected to adopt a more cautious stance in 2H, as higher inflation, geopolitical uncertainty and potential election-related risks weigh on lending demand, TA Securities analyst Li Hsia Wong says in a note. Household lending is expected to slow as rising living costs pressure c…
Australia’s goods exports dropped 6.9% month-on-month to a four-month low of AUD 43.61 billion in May, reversing a 7.2% rise in April, primarily weighed down by non-monetary gold and metal ores and minerals.Non-monetary gold exports continued to decline, plunging 35.0% to AUD 4.52 billion.Non-rural…
