Economy
see moreChina plans to increase economic growth for 2025
China plans to strengthen its economy for this year. The country will focus on providing durable goods for consumers and equipment for businesses.
China to focus on stabilizing housing market in 2025
China plans to intensify efforts in 2025 to stabilize its housing market, addressing challenges in the real estate sector, including the rising demand for affordable housing and urban renovations.
Türkiye raises minimum wage by 30% for 2025
President of Türkiye Recep Tayyip Erdogan announced a 30-percent increase in the minimum wage for 2025, raising it to 22,104 lira (about 630 U.S. dollars).
Trump warns EU: "Buy more U.S. energy or face tariffs"
U.S. President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its growing deficit with the United States by making large oil and gas trades with the world's largest economy.
Wall Street opens lower as investors await Fed decision
Wall Street opened lower on Tuesday as investors turned cautious ahead of the Federal Reserve's interest rate decision, following strong retail sales data that signalled consumer resilience.
Kazakhstan’s independence and its strategic partnership with Azerbaijan
On 16 December, Kazakhstan marked 33 years of independence, showcasing its steady progress and growing influence in Central Asia. Since gaining sovereignty in 1991, the nation has become a pivotal regional player, fostering ec
EU Officials to Visit Ireland Over Controversial Mercosur Trade Deal
EU officials will visit Ireland early next year to address concerns over the Mercosur trade deal. The agreement, after 25 years of negotiations, promises tariff cuts and new markets for European exports, but faces strong opposition from Irish farmers over competition and paperwork.
Dollar Hovers Near Three-Week High as Fed Rate Cut Looms; Bitcoin Hits New Record
The U.S. dollar held close to a three-week peak against major currencies on Monday, as investors braced for a slew of central bank decisions expected this week. Markets are all but certain that the Federal Reserve will cut interest rates by 25 basis points on Wednesday, while also signaling a slower
"Newshour with Guy Shone" – France’s New Prime Minister and Kazakhstan's Economy
On the latest “Newshour with Guy Shone”, all about France’s new Prime Minister, François Bayrou, Macron’s motives to appointing the 73-year old centrist leader, France’s far right’s reactions to Macron's pick, and the French Republic’s unprecedented political and economic crisis.
Argentina might recover from the serious inflation
Argentina’s monthly inflation is likely to stay below 3% in November, one of the lowest levels this year.
Kazakhstan acts to stabilize currency and support citizens amid economic challenges
The Minister of National Economy of the Republic of Kazakhstan explained a number of reasons for the sharp weakening of the national currency. According to him, the first factor is the global strengthening of the dollar index in recent months.
ADB to assist Turkmenistan’s transition to renewable energy
The Asian Development Bank (ADB) has announced plans to provide technical assistance for a project titled "Integrated Solutions in Renewable Energy to Support the 'Green' Transformation in Turkmenistan" .
Bitcoin Hits a Milestone: $100,000
Bitcoin now stands as arguably the most successful investment product of the last 20 years. The price of a single crypto currency rose to six figures for the first time. Experts say it's an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.
Poverty in France up by 1.4 million in 20 years
There's been a steady rise of poverty over the last two decades according to the latest report from the Inequality Observatory. It shows the number of people living below the poverty line has increased by 1.4 million in the last twenty years.
Chad ceases military cooperation with France
Chad's foreign ministry has announced plans to assert its sovereignty and redefine strategic partnerships, following France's troop withdrawals from Mali, Niger, and Burkina Faso. Chad hosts 1,000 French troops and various military assets for security cooperation.
Thailand's economy improves in October with growth in exports, tourism, and private consumption
Thailand's economy improved in October, with exports rising 14.2% and a trade surplus of $1.4 billion. Private consumption and tourism also contributed to growth, though challenges remain for some sectors, according to the Bank of Thailand.
Exclusive: In careful protest, China Evergrande's investors press for action
Hundreds of Chinese investors who lost their savings in the collapse of Evergrande have launched coordinated efforts to demand updates on investigations into the failed property developer. Amid China's slowing economy, their cautious actions reflect growing frustrations over financial losses and the
Iran and Qatar aim to boost non-oil trade to $1 billion annually
Iran is aiming to significantly expand its non-oil trade with Qatar, targeting an annual turnover of $1 billion, according to Mohammad-Ali Dehghan Dehnavi, Iran’s Deputy Minister of Industry, Mines, and Trade, and Chairman of the Trade Development Organization.
Kazakhstan Targets Reduced Imports with Boost in Domestic Production
Kazakhstan is advancing efforts to cut imports of finished goods by bolstering domestic production. The initiative was a focal point during a Senate plenary session attended by Prime Minister Olzhas Bektenov and government officials.
Falling oil prices drag UAE markets down
Stock markets in the UAE closed lower on Friday, impacted by falling oil prices. The drop comes as concerns over the effects of Hurricane Rafael of US oil production ease. Abu Dhabi's index dropped 0.2%, while Dubai’s main index fell 0.1%.
Singapore's banks project better loan growth in 2025 as rates drop
OCBC and UOB, Singapore’s second and third largest banks, project stronger loan growth in 2025 after exceeding third-quarter profit expectations. This outlook follows recent U.S. rate cuts, though geopolitical uncertainties could still impact markets, said OCBC’s CEO Helen Wong.
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