Category : Business

Business

Panama Canal could cut daily ship limit to 29

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The Panama Canal is considering another reduction in daily ship transits as drought pressure weighs on its water supply. Administrator Ilya Espino de Marotta said...
Business

Egypt foreign reserves rise to record $57.2 billion

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Egypt’s net international reserves reached a record $57.2145 billion at the end of August 2026. The Central Bank of Egypt reported the provisional figure on...
Business

Korea Africa chart new course AI digital infrastructure summit

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South Korea and African partner nations will launch a major economic cooperation framework focused on artificial intelligence and technology-driven development at the 8th Korea-Africa Economic...
Business

India economy grows 7.8% as Modi praises first quarter gains

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Prime Minister Narendra Modi praised India’s 7.8% economic growth in the April to June quarter of fiscal 2026-27. The latest official data showed that economic...
Business

Korea’s August exports jump 68.7% to $98.25 billion record trade

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South Korea's outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence...
Business

Japan stocks slide as Nikkei falls and bond yields rise

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Japan's Nikkei 225 slid nearly 2% in early trade Monday as markets reacted to rising expectations for higher interest rates. The benchmark fell 1.97% to...
Business

Indonesia expands sports investment under licensing pact

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Indonesia has formalized new cooperation between its investment and sports authorities to expand business activity in the national sports sector. Investment and Downstreaming Minister Rosan...
Business

Alibaba raises HK$80 billion for AI and cloud growth

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Alibaba Group has priced a HK$80 billion share placement as it increases spending on artificial intelligence and cloud infrastructure. The Chinese technology company will issue...