The Taliban-led administration in Afghanistan signed its first international contract Thursday to extract oil from the northern Amu Darya basin as the beleaguered group seeks to increase revenue.
(Bloomberg) — Japan’s new benchmark 10-year government note has brought a fresh headache for the nation’s central bank in its battle against bond bears.
China is pushing hard to prop up its embattled property market to help reignite growth in the world’s second-largest economy that has been crippled by years of Covid restrictions.
German factory orders fell in November, a reminder that the country’s manufacturers are still struggling — even as the economic backdrop improves.
As Europe crawls back to work after a holiday period laced with labor unrest, sky-high inflation and economic gloom, the British consumer is spreading some welcome cheer. Investors in UK retailers were heartened by the trickle of Christmas trading updates from Next Plc and B&M European Value Retail SA on Thursday, sending sector stocks higher, as they await dispatches from J Sainsbury Plc, Tesco Plc, Asos Plc and Marks & Spencer Group Plc next week.
Dubai will seek capital mostly from the US and the UK, already its biggest sources of foreign direct investment, as it looks to expand trade and almost double funding from abroad over the coming decade.
Philippine President Ferdinand Marcos Jr. asked his Transport chief to fast track talks with suppliers of equipment needed in the upgrade of the nation’s main airport after a New Year’s Day power-supply problem disrupted flights.
Taiwan has asked to join discussions centered on China’s protest against US chip sanctions at the World Trade Organization, seeking a voice on a debate that could have ramifications for the global chip industry.
European stocks better reflect the coming slide in earnings than pricey US peers, according Citigroup Inc. strategists.
Sustained price pressures and rising level of debt in South Asia pose risks to the region’s economic growth and both must be contained, according to Reserve Bank of India Governor Shaktikanta Das.
