Browsing: Business

Japan’s core consumer inflation accelerated in April, climbing 3.5 percent from a year earlier, marking the sharpest rise in more than two years. The increase, driven by reductions in government energy subsidies and a sustained surge in rice prices, underscores persistent inflationary pressures

The Belgian economy is projected to slow significantly in 2025, with growth expected to decline to 0.8%, according to the latest macroeconomic forecast released by the European Commission. This deceleration is attributed primarily to heightened global uncertainty and weakening export performance, which have

Austria is forecast to face a third consecutive year of economic recession in 2025, according to the latest macroeconomic outlook published by the European Commission. The country’s economic performance continues to be hindered by subdued investment, restrained household consumption, and weakening exports, all set

Japan’s real wages declined by 2.1 percent in March compared to the same month a year earlier, according to official data released on Friday by the Ministry of Health, Labour and Welfare. The decrease marks the third consecutive month of decline

India and the United Kingdom have finalized a significant bilateral trade agreement, described by the UK government as the most substantial trade deal since its departure from the European Union. Announced Tuesday, the deal marks a strategic deepening of commercial ties between the two

U.S. stocks declined again on Tuesday as trade tensions linked to President Donald Trump’s tariff policies continued to cloud the economic outlook, prompting more companies to pull back financial forecasts. Investor enthusiasm for artificial intelligence-related stocks also appeared to weaken, contributing to the overall market downturn. The S&P

The Food and Agriculture Organization of the United Nations (FAO) released its latest Cereal Supply and Demand Brief on Friday, forecasting a record global rice output for the 2024/25 season. According to the FAO, rice production is expected to grow by

The United States and Ukraine have finalized a landmark agreement granting Washington preferential access to Kyiv’s natural resources in exchange for establishing a joint reconstruction investment fund. The deal, announced Wednesday, concludes months of challenging negotiations and marks a significant development in bilateral ties more than

Weekly jobless claims in the United States rose sharply to 241,000 for the week ending April 26, reflecting an increase of 18,000 from the prior week and exceeding expectations of 225,000. The figures, released by the U.S. Department of Labor, indicate the

Dubai Aerospace Enterprise (DAE) reported a net profit of US$85.8 million for the first quarter of 2025, representing a 26.5% increase from the US$67.8 million recorded during the same period in 2024. The company also noted a significant rise in profitability