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BRUSSELS: In the second quarter of 2024, seasonally adjusted GDP increased by 0.2 percent in both the euro area and the EU, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Unio…
Hangzhou: A new high-speed railway linking Hangzhou and Wenzhou in east China’s Zhejiang Province began operations on Friday, Xinhu reported.
The 276-km line, with a designed speed of 350 km per hour, has nine stations. Its operation offers a rapid t…
Manila: The Asian Development Bank (ADB) has approved an ambitious new road map to guide its evolution and scale up its support on key challenges facing Asia and the Pacific, including accelerated efforts to combat climate change and expand private se…
Rome: The benchmark for world food commodity prices declined marginally in August, as decreases in quotations for sugar, meat and cereals outweighed increases in those for vegetable oils and dairy products, the Food and Agriculture Organisation of the…
Doha: QNB noted in its weekly note that G-7 countries’ fiscal conditions are set to deteriorate on the back of a high demand for more government spending, high nominal policy rates and the deployment of fiscal-monetary coordination.
QNB said that emb…
French President Emmanuel Macron discussed with German Chancellor Olaf Scholz how to make Europe more competitive in international markets, in light of the growth of other economies, primarily the Chinese and American economies.
The Elysee Palace sai…
Major stock indices on the Wall Street ended the last session of the week sharply lower.
The Dow Jones Industrial Average closed down 410.34 points, or 1 percent, to 40,345.41 points. The broader S and P 500 index lost 94.99 points, or 1.7 percent, t…
China’s digital yuan transactions amounted to 7 trillion yuan (about 986.07 billion U.S. dollars) by the end of June this year, said the central bank’s deputy governor on Thursday.
According to a report by China Central Television (CCTV), the digita…
Abu Dhabi:Spot gold prices rose by 0.5 percent to $4,132.66 per ounce early on Thursday as the dollar eased from