Category:

Business

South Korea central bank hits record annual profit

SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 …

China medical equipment market hits 1.44 trillion yuan

CHONGQING: China’s medical equipment market expanded 60.5% between 2021 and 2025, reaching 1.44 trillion yuan ($208 billion) …

Botswana downgrade adds pressure to diamond economy

GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s …

South Korea starts 2026 with 11.3 trillion won surplus

SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection …

India forex reserves hit record $728.49bn on RBI data

MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according …

China pledges tech support, trade balance and market reforms

BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced …

Saudi Arabia bans Indonesian poultry and table eggs

RIYADH: Saudi Arabia has placed a temporary ban on imports of poultry meat and table eggs …

India and Canada reset ties with trade and uranium deal

NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime …

Exus Renewables to buy 60% stake in Masdar Portugal wind

ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as …

Bank of Korea holds 2.5% rate and rolls out dot...

SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining …

Zimbabwe halts raw mineral exports and lithium shipments

HARARE: Zimbabwe has suspended the export of all raw minerals and lithium concentrates with immediate effect, …

India joins Pax Silica initiative, signs AI pact with US

NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration …