Gold stays above $4,400 before US inflation releases
The U.S. dollar remained subdued during early trading, supporting dollar-priced precious metals. A weaker dollar reduces the cost of gold for buyers using other currencies....
Category : Business
Panama Canal weighs tighter transit cap amid drought
The Panama Canal may reduce daily ship traffic to about 29 vessels in February or March 2027 if drought conditions continue, its new administrator said....
Volkswagen signs agreement to turn car plant into defense hub
German automotive manufacturer Volkswagen AG agreed on Monday to sell its Osnabrück assembly plant to Israeli private equity firm Aurelius Capital and the German state...
Egypt reserves set new record at $57.2 billion in August
Egypt’s net international reserves rose to a record $57.2145 billion at the end of August 2026. The August total was $7.9638 billion higher than the...
Korea Africa chart new course AI digital infrastructure in Seoul
The upcoming ministerial gathering marks the 20th anniversary of the bilateral platform, bringing together cabinet ministers, development financiers, and technology industry executives. Official announcements confirm...
South Korea inflation quickens to 3.1% as costs climb
Fuel costs remained a major source of price pressure during the month. Petroleum product prices climbed 14.2% from a year earlier, though the increase slowed...
Korea’s August exports jump 68.7% to $98.25 billion on chips
Semiconductor exports, the primary driver of national trade performance, soared 209% year-on-year to an all-time high of $46.65 billion. Growth in chip shipments was fueled...
India GDP grows 7.8% as Modi hails resilient economic growth
The Ministry of Statistics and Programme Implementation put real gross domestic product at ₹81.36 lakh crore for the quarter. That compared with ₹75.46 lakh crore...
Nikkei drops as Japan bond yields hit three-decade highs
Japanese stocks came under sharp pressure Monday as the Nikkei 225 dropped nearly 2% in early trading. The benchmark fell 1.97% to 65,096.63 and later...
Indonesia links sports investment to new licensing framework
The agreement brings the Ministry of Investment and Downstreaming together with the Ministry of Youth and Sports on business licensing. It also covers investment promotion...