Tag : business news

Business

Apple expands Broadcom chip deal in U.S. manufacturing

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CUPERTINO, CALIFORNIA / RankWire.AI / – Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion. The deal covers custom silicon...
Business

China foreign exchange reserves decline in June

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BEIJING, CHINA / MENA Newswire / – China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and...
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

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MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The...
Business

Developing Asia FDI reaches $644 billion in 2025

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GENEVA / RankWire.AI / – Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations...
Business

Japan’s Nikkei 225 clears 72,000 in record Tokyo rally

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TOKYO / MENA Newswire / – Japan’s Nikkei 225 rose above 72,000 for the first time on Monday, setting a fresh record as Tokyo equities...
Business

Dollar heads for weekly gain as yen nears 160 level

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Dollar heads for a weekly gain as the yen nears 160 per dollar, with Japan intervention data and rate gaps in global market focus....
Business

Investor interest lifts UAE real estate in global index

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Investor interest in UAE property led surveyed markets, supported by return potential, stability and ownership access in the index....
Business

AI chip demand lifts Singapore Q1 GDP growth to 6%

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AI chip demand helped Singapore beat its Q1 GDP estimate, with exports and manufacturing gains led by electronics and semiconductors....
Business

GME posts strongest trading week in two decades

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GME recorded its strongest trading week in two decades, with Oman crude futures exceeding 69,052 contracts traded....
Business

Dubai Green Corridor keeps cargo moving during disruptions

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Dubai Customs’ Green Corridor kept diverted cargo moving through Hatta as April declarations neared 100,000 and trade value topped AED8 billion....