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  • 11, March 2024

    Finland’s growth slowed due to war on Ukraine: IMF

    WASHINGTON, DC: Finland’s economy recovered swiftly from the pandemic, but growth slowed after Russia’s war in Ukraine.

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  • 11, March 2024

    Malaysia growth momentum slowing: IMF

    WASHINGTON: Malaysia’s growth momentum is slowing, albeit from a high base in 2022. Advanced estimates indicate 3.4 percent growth for 2023Q4, down from 8.7 percent in 2022.

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  • 11, March 2024

    China caps key political meet with pledges to boost ailing economy

    BEIJING: China’s leaders on Monday wrapped up a week-long key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record-high youth unemployment.

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  • 11, March 2024

    Germany backs Georgieva for second term

    FRANKFURT: Germany, Europe’s largest economy, voiced its backing Monday for a second term for International Monetary Fund chief Kristalina Georgieva, with finance minister Christian Lindner calling her “exactly the right person”.

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  • 11, March 2024

    Germany braces for new week of strikes in rail, air travel

    FRANKFURT: Germans faced more travel upheaval after train drivers announced Sunday a new 24-hour stoppage, hot on the heels of a strike announcement by Lufthansa cabin crew.

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  • 11, March 2024

    Bitcoin zooms to record beyond $72,000

    LONDON: Bitcoin raced to an all-time peak above $72,000 Monday as the world’s most popular cryptocurrency won further support on greater trading accessibility and dollar weakness.

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  • 11, March 2024

    Saudi’s non-oil economy grows at rapid pace

    RIYADH: The Saudi non-oil economy continues to grow at a rapid pace, achieving an increase of 4.4 percent in 2023, amid expectations that it will accelerate to more than 5 percent in the next two years, according to reports.

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  • 11, March 2024

    US companies invest more than bln USD in Philippines

    KUALA LUMPUR, March 11 (KUNA) -- The United States Commerce Secretary Gina Raimondo said during an official visit to Manila on Monday that American companies are set to announce investments of more than a USD billion in the Philippines.

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  • 11, March 2024

    Kuwait central bank issues bonds worth USD 792 million

    KUWAIT, March 11 (KUNA) -- The Central Bank of Kuwait declared on Monday issuance of bonds and tawarruq worth KD 240 million (USD 792 million).

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