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A Hong Kong judge, Linda Cha, had on Monday ordered the liquidation of China’s giant real estate developer Evergrande which had defaulted in paying back the debt of $320...
India expects its economy to grow around 7 per cent in the next fiscal year despite new geopolitical risks emerging from the Red Sea crisis that could affect global inflation...
Pakistan’s central bank on Monday held its key rate at 22 per cent for the fifth policy meeting in a row due to elevated inflation levels, the governor of the...
John Lewis Partnership, the owner of John Lewis and Waitrose, is considering cutting up to 11,000 staff jobs in the next five years, the Guardian reported on Saturday. A minimum...
US prices rose marginally in December, keeping the annual increase in inflation below 3 per cent for a third straight month, bolstering expectations that the Federal Reserve will start cutting...
The Bank of Japan maintained its ultra-easy monetary settings on Tuesday but signalled its growing conviction that conditions for phasing out its huge stimulus were falling into place, suggesting that...
V Nagarajan India’s real estate sector has shown strong resilience in 2023 as is evident from the performance indicators of sectors like residential, commercial, warehousing and data centres. The...
The UAE concluded its successful participation on Friday in the 54th edition of the World Economic Forum (WEF) 2024, held here for the last five days. This year, more than...
British retailers suffered the biggest drop in sales for almost three years during December, raising the risk that the economy slipped into recession late last year, official data showed...
Ikigai Steel FZE has announced it will establish a new factory in Hamriyah Free Zone in Sharjah stretching over an area of 548,000 square feet and boasting an annual production...