Category : Business

Business

South Korea auto exports rise on March hybrid demand

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SEJONG: South Korea’s automobile exports rose in March as strong global demand for hybrid vehicles lifted overseas shipments despite weaker sales in parts of Asia and the...
Business

Sheikh Khaled begins Beijing visit to deepen UAE-China ties

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BEIJING: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, arrived in Beijing to begin an official visit to China that runs...
Business

China auto output and sales jump in March

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BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released...
Business

Bank of Korea keeps rate at 2.5% for seventh hold

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SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy...
Business

China inflation hits 1% in March as PPI turns positive

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BEIJING: China’s consumer inflation rose 1.0% in March from a year earlier, official data showed on Friday, easing from February’s 1.3% increase as spending cooled after the Lunar...
Business

Gold steadies as markets watch US-Iran talks

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ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that...
Business

Nikkei falls as caution returns to Tokyo stocks

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TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices...
Business

China forex reserves fall in March to $3.34 trillion

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BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices...
Business

ADB unveils fund to speed ASEAN power grid plans

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MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and...