UAE economy extends global rise on strong 2026 data
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment,...
Tag : exports
Japan current account surplus hits $24.8 billion in February
TOKYO: Japan posted a current account surplus of 3.93 trillion yen, or about $24.8 billion, in February, as strong returns on overseas investments helped offset softer trade-related...
Bank of Korea holds 2.5% rate and rolls out dot plot
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving...
Japan records 3.78 trillion yen surplus in August current account
In August Japan ran a 3.78 trillion yen current account surplus, down 4.8 percent, dragged by an 11.5 percent fall in overseas investment income....
Japan posts record $193 billion current account surplus in 2024
Japan recorded a record $193 billion current account surplus in 2024, fueled by strong foreign investment returns, a weak yen, and an improving trade balance,...
Korea’s economy strengthens on robust exports and stable inflation
Korea’s economy is showing signs of recovery, driven by strong exports and stabilizing inflation, with manufacturing and domestic demand improving over the past five months....
Moscow’s trade with BRICS nations rises 14.7% in first half of 2024
Moscow’s trade with BRICS nations surged by 14.7% in early 2024, highlighting the city’s growing economic partnerships across key industries like microelectronics and agriculture....
Pharmacy emerges as top category in EU’s high-tech exports, valued at €446 billion
The European Union (EU) witnessed a substantial surge in high-tech imports from non-EU countries in 2022, totaling an estimated €482 billion—an impressive 22% increase compared...
Chinese Yuan hits record lows against surging US dollar
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China’s domestic...
Agriculture Ministry projects record-breaking grain harvest for Russia in 2023
Russia’s Agriculture Ministry has projected a 2023 grain harvest of more than 123 million metric tons, including 78 million metric tons of wheat, factoring in...