$5 Billion Pledge for Reconstruction of the Gaza Strip as Part of International Stabilization...
In a notable political development reflecting renewed international engagement in Middle East reconstruction efforts, U.S. President Donald Trump stated that members of what he described as the “Peace Council” have pledged approximately $5 billion to support the reconstruction of the...
SBI Shares Hit Record High After Profits Beat Expectations and Interest Income Surges
Shares of the State Bank of India (SBI) climbed to a record high during market trading following the announcement of its latest financial results,...
Tesla’s California Factory to Shift From Car Production to Humanoid Robots as Musk Prioritizes AI
California — Tesla is preparing to transition one of its major California manufacturing facilities from producing electric vehicles to...
Gold Retreats From Record Highs as Trump Softens Tariff Rhetoric and the Dollar Strengthens
Gold prices retreated after reaching record highs earlier, as improved investor risk appetite weighed on demand for the safe-haven metal. The...
Millions of Afghans Face Hunger as Humanitarian Crisis Deepens During Harsh Winter
Afghanistan is facing one of the world’s most severe humanitarian crises, with millions of people at risk of acute hunger following a significant...
Global Air Travel Market Records Historic Peak During the Christmas Season
The global air travel market is witnessing an unprecedented surge during the Christmas and New Year holiday season, with more than 300...
Gold Prices Decline in Jordan Amid Global Market Downturn
Amman – Tuesday, December 16, 2025
Gold prices in the Jordanian market recorded a noticeable decline on Tuesday,...
Global Stock Markets Slide Amid Rising Fears of an “Artificial Intelligence Bubble” and Higher U.S....
December 12, 2025 – New York / London / TokyoGlobal financial markets recorded a notable decline during Friday’s trading...
Trump Is Right: Science Demands Reconsidering the “Endangerment Finding”
Amid intensifying debate over U.S. climate policy, President Donald Trump has brought renewed attention to efforts to overturn the 2009 “Endangerment Finding,” which classified carbon dioxide as a pollutant posing a threat to public health and welfare. The administration argues that the...
U.S. Lawmakers Warn of China’s Control Over Critical Minerals
A new congressional report warns that China’s control over the critical minerals trade gives Beijing significant leverage over the U.S. economy and military supply chain, calling for urgent national measures to counter predatory pricing and market domination. According to the House Select...
China Eyes Bids for New Panama Canal Ports Amid US Concerns
PANAMA CITY – China is among the parties interested in bidding to build two new ports on the Panama Canal, according to the canal’s administrator. This comes amid US discussions about potentially retaking control of the strategic waterway.
Earlier in 2025, US President Donald Trump...
China and Germany Move to Repair Ties After Trade Tensions Ease
China has moved quickly to improve relations with Germany’s new government, seeking to ease tensions that arose after Beijing imposed export curbs on rare earths and semiconductor-related materials—measures that disrupted German factories and intensified calls in Berlin for reducing dependence...
Palm Oil Giants Pivot to AI Data Centres and Solar Farms in Malaysia
Kuala Lumpur – Malaysia’s palm oil companies, long criticized for deforestation, toxic haze, and threatening orangutan populations, are shifting focus to attracting artificial intelligence (AI) data centres to the country. These firms are allocating portions of their extensive land holdings for...
China-Japan Trade Tensions Escalate Over Taiwan Comments
BEIJING – Trade cooperation between China and Japan has come under significant strain, according to the Chinese Commerce Ministry, which urged Japanese Prime Minister Sanae Takaichi to retract her comments on Taiwan or face consequences.
The diplomatic tension escalated after...
China’s Lending Reaches the United States
Over the past two decades, China has become one of the world’s largest lenders, providing more than US$1 trillion in loans to fund infrastructure projects around the globe. Its financing has supported roads in Africa, ports in South America, and railroads in Central...
Japan’s Economy Contracts 1.8% in Q3 Amid US Tariffs
TOKYO – Japan’s economy contracted at an annualized rate of 1.8 percent in the July-September quarter, marking the first decline in six quarters, as exports were hit by US tariffs, government data showed on November 17.
Although this could complicate any plan by the...
EV Adoption Accelerates Across Southeast Asia as Local Carmakers Battle Chinese Giants
When the range indicator on his Proton e.MAS 7 dropped to zero, engineer Russell Ng barely reacted. His electric SUV rolled into his Johor Bahru condominium with an empty battery, but he was unfazed, knowing that many EVs can continue driving for a short distance even after hitting...
US Approves $330 Million Fighter Jet Parts Sale to Taiwan
The United States has approved the sale of fighter jet and other aircraft parts to Taiwan for $330 million, marking the first such transaction since President Donald Trump took office . The Pentagon stated the sale will help Taiwan maintain the operational readiness of its fleet, including F-16s...
UK Economy Slows to 0.1% Amid Car Production Drop
The UK economy grew by just 0.1% between July and September, falling short of the 0.2% expected by analysts. The slowdown comes as a major disruption to car production at Jaguar Land Rover weighed on overall output.
The Office for National Statistics reported that the...
IEA Updates Global Energy Outlook, Fossil Fuel Future Remains Uncertain
The International Energy Agency (IEA) has revised its view on global fossil fuel demand, offering a more complex outlook than previous forecasts. Two years ago, the agency suggested that the world’s use of oil, gas, and coal could peak by the 2030s due to climate-focused policies. The 2025 World...
US and China Suspend Shipbuilding Investigations Amid Trade Talks
The Trump administration has suspended its investigation into China’s shipbuilding industry, prompting China to postpone its own probe and delay special port fees for US vessels.
The Office of the US Trade Representative (USTR) announced that the US suspension will last for...
Global Economic Developments: Growth Indicators and International Cooperation in the Face of...
Recent global economic news points to a critical phase for the world economy, where opportunities for recovery intersect with structural challenges and mounting pressure on markets....
Trump Orders Federal Probe Into Meatpacking Industry Over Soaring Beef Prices
President Donald Trump has ordered the Department of Justice to begin a federal investigation into major meatpacking companies, accusing them of...
China’s Exports Fall in October Amid Slowing Global Demand
BEIJING – China’s exports unexpectedly fell in October as overseas orders slowed following months of advance shipments to avoid President Donald...
Trump Hails Economy Despite Republican Election Losses
President Donald Trump delivered a speech on the economy to business leaders in Miami on Wednesday, following significant Republican losses in...
China Suspends Some US Tariffs, But Soya Bean Duties Remain
BEIJING – China announced on November 5 that it will suspend certain retaliatory tariffs on US imports, including some agricultural goods,...
South Korea Leads Global Shipbuilding as U.S. Struggles to Catch Up
On the island of Geoje, South Korea, Hanwha Ocean shipyard is producing ships at a pace far faster than U.S. yards. Covering an area equivalent to...
Asia’s Manufacturing Slows Amid Weak US Demand and Trade Tensions
Asia’s major manufacturing economies struggled to expand in October, according to business surveys, as weak demand from the United States and...
Gold Prices Plunge After Record Highs Amid Trade Deal Optimism
As queues formed outside gold stores over the past month, professional traders in precious metals grew increasingly cautious. On October 6, Nicky...