Airlines Report $25.11 Billion Profit Before Iran Conflict

The world's nine most profitable airlines reported a combined net profit of $25.11 billion (€22 billion)…

U.S. Blockades Iranian Ports Amid Hormuz MoU Tensions

The United States has resumed blockading Iranian ports, escalating tensions just weeks after a memorandum of…

China’s AI Spending to Boost Advanced Manufacturing Sector

China's advanced manufacturing sector is poised to benefit significantly from a surge in artificial intelligence (AI)…

Singapore to Reinforce Trusted Hub Status Amid US-China

Singapore plans to strengthen its position as a trusted global hub amid rising geopolitical tensions between…

UK economy grows 0.1% in May amid Iran war energy costs

The UK economy grew by 0.1% in May, despite the ongoing conflict in Iran impacting energy…

US Strikes on Iran Heighten Middle East Tensions, Oil Rises

Tensions in the Middle East escalated following recent U.S. airstrikes on Iran, raising concerns over the…

RBI Seeks Answers on Slow FCNR Deposit Inflows

The Reserve Bank of India (RBI) has initiated discussions with commercial banks regarding the slower-than-expected inflows…

India turns to UAE ports amid West Asia energy conflict

New Delhi: India is increasingly relying on the United Arab Emirates' (UAE) Fujairah and Khor Fakkan…

China’s GDP growth slows to 4.3% in second quarter 2023

China's economy grew by 4.3% year-on-year in the second quarter of 2023, a decline from 5%…

Iran Ends US Talks, Claims June Agreement No Longer Valid

Iran announced on Wednesday that it is no longer bound by a June agreement with the…