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    Australia’s minimum wage rises by 3% as growth, inflation cool

    Australia’s minimum wage rises by 3% as growth, inflation cool

    02 Jun 2019

    Australia’s industrial relations umpire raised the national minimum wage by 3 per cent from July 1, a smaller pay rise than the 3.5 per cent increase enjoyed by workers last...

    Indian growth rate drops to 5.8 per cent in first quarter

    Indian growth rate drops to 5.8 per cent in first quarter

    31 May 2019

    India’s economy grew at a much-lower-than-expected 5.8% in the January-March period, its slowest pace in 17 quarters, and falling behind China’s pace for the first time in nearly two years,...

    Turkish economy shrinks again as currency crisis bites

    Turkish economy shrinks again as currency crisis bites

    31 May 2019

    The Turkish economy shrank sharply year on year for the second straight quarter in early 2019, laying bare the impact of a punishing currency crisis and soaring inflation and interest...

    New Zealand earmarks $2.5b spending in slowing economy

    New Zealand earmarks $2.5b spending in slowing economy

    30 May 2019

    New Zealand on Thursday unveiled a $2.5 billion spending package under a much-hyped ‘Wellbeing’ budget, prioritising mental health and alleviating child poverty, but it expects a smaller surplus and slower...

    China accuses US of ‘naked economic terrorism’

    China accuses US of ‘naked economic terrorism’

    30 May 2019

    China accused the United States of “naked economic terrorism” on Thursday as Beijing ramps up the rhetoric in their trade war. The world’s top two economies are at loggerheads...

    Eurozone business growth fails to shine during May

    Eurozone business growth fails to shine during May

    23 May 2019

    A recovery in eurozone business activity was weaker than expected this month as a deepening contraction in the bloc’s manufacturing industry is increasingly holding back services firms, a survey showed....

    Japan posts GDP growth but weak demand still a concern

    Japan posts GDP growth but weak demand still a concern

    20 May 2019

    Japan’s economic growth unexpectedly accelerated in January-March, driven by net contributions from exports and defying forecasts for a contraction in the world’s third-largest economy. However, the surprise expansion was mostly...

    Jafza to infuse Dhs1.3b into Dubai’s economy

    Jafza to infuse Dhs1.3b into Dubai’s economy

    18 May 2019

    Business Bureau, Gulf Today To promote ease of doing business and to support its customers Jebel Ali Free Zone (Jafza), the GCC’s largest special economic zone, will become the first...

    Key development projects under way in Fujairah

    Key development projects under way in Fujairah

    18 May 2019

    A wide range of development projects are underway in the UAE’s east coast emirate of Fujairah as it seeks to diversify its economy. The Port of Fujairah, its adjacent anchorage...

    UAE strengthens food security alliance with South Korea

    UAE strengthens food security alliance with South Korea

    18 May 2019

    Business Bureau, Gulf Today The strengthening of national and global food security was the topic on the agenda during the visit of Mariam Almheiri, Minister of State for Food Security,...

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