UAE strengthens position among fastest-growing economies
ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in...
Tag : global economy
South Korean economy grows 2 percent in 2024, steady progress
South Korea's economy expanded by 2 percent in 2024, according to preliminary data released Wednesday by the Bank of Korea (BOK). The growth rate aligns...
World Bank remains bullish on India’s economic growth and potential
The World Bank has reaffirmed its confidence in India's economic potential, emphasizing that the country remains a key investment destination despite minor fluctuations in its...
Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar
Oil prices continued their upward trend, settling above $72 per barrel amid ongoing supply uncertainty and a weak dollar, which made dollar-denominated commodities more attractive to...
UK growth forecast slashed as Bank of England lowers rates
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%....
Korean won hits new yearly low amid Trump tariff concerns
The South Korean won fell sharply against the US dollar on Monday, reaching its lowest point of the year amid growing concerns over the economic...
Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments
The Kremlin has dismissed a renewed warning from U.S. President Donald Trump about imposing tariffs on BRICS nations if they move to establish a common...
Elliott Management warns of crypto collapse due to White House backing
Hedge fund Elliott Management has issued a stark warning about the cryptocurrency market, describing it as a speculative bubble that is on the verge of...
China industrial profits fall 4.7 percent in first eleven months of 2024
China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The...
ADB lowers South Korea’s 2025 growth forecast to 2 percent
The Asian Development Bank (ADB) has revised South Korea's 2025 economic growth forecast downward to 2 percent, according to an announcement by Seoul's finance ministry...