TOKYO, July 30 (KUNA ) -- South Korea and Saudi Arabia discussed on Tuesday ways to broaden economic exchanges pledging to work closely toward the prompt implementation of a free trade pact between Seoul and the Gulf Cooperation Council (GCC), Yonhap News Agency reported Tuesday, This came during a meeting between S. Korea's Industry Minister Ahn Duk-geun and his Saudi counterpart, Majid bin Abdullah Al-Kassabi, in Seoul to follow up on the agenda discussed during bilateral summits held in 2022 and 2023, according to the Ministry of Trade, Industry and Energy.

LONDON, July 29 (KUNA) -- The newly-appointed Chancellor of the Exchequer Rachel Reeves pledged Monday to restore UK economic stability after revealing GBP 22 billion (USD 28.3 billion) of unfunded pressures inherited from the previous Government.

MILWAUKEE, US: A naturalized US citizen, Nicaraguan-born Linda Fornos believes uncontrolled immigration is harming her family’s ability to care for itself, and says she will be casting her ballot for Donald Trump in November—having voted Democrat in 2020.

WASHINGTON: The Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week but open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the US central bank’s two percent target.

FRANKFURT/GDANSK: European companies focused on clean energy are abandoning expansion plans, bracing for lower sales or see funding of US projects in doubt because of fears over what a potential election victory for Donald Trump could mean for their sector.

ADDIS ABABA: Ethiopia said Monday it is easing foreign exchange curbs as part of a broader economic reform package, as the deeply-indebted nation awaits a multi-billion dollar bailout from international lenders.

LONDON: Britain’s Finance Minister Rachel Reeves on Monday announced spending cuts worth 13.5 billion pounds ($17.3 billion) over the next two years to help plug what she said was a 22 billion pound overspend caused by the previous government.

WASHINGTON: Local government is getting into the US grocery business - but can city officials ever hope to run a corner store the way Mom and Pop used to do?

NEW YORK/LONDON: Major stock markets mostly advanced Monday as investors looked ahead to key interest-rate decisions this week in the United States and elsewhere.