Saudi Tourism Development Fund seals $1.07bn partnerships at Momentum 2025
Saudi Arabia’s Tourism Development Fund, the national enabler of the tourism sector, has announced six agreements and a memorandum of understanding with […]
Gold inches up ahead of Fed verdict, silver powers to fresh records above US$60
Gold inched higher on Wednesday as investors prepared to parse Federal Reserve chair Jerome Powell’s guidance on the day when the bank is […]
South Korea to consider setting up US$3.1b foundry to grow local chip sector.
South Korea is considering building a 4.5 trillion won (US$3.06 billion or RM12.6 billion) foundry to make essential chips, funded by state […]
Wealth of Singapore billionaires soars 66% to third-highest in Apac at US$258.8 billion
The wealth of billionaires that reside in Singapore rose 66.4 per cent to US$258.8 billion in 2025, making it the third-largest market […]
Trump’s trade war shift away from Chinese manufacturing has reached tipping point.
The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over the past decade, reflecting […]
ITFC, TDB sign $100m trade facility, target $200m.
The International Islamic Trade Finance Corporation and the Trade and Development Bank Group have signed a new framework agreement in Abuja to […]
Edison to Invest $700 Million in Renewable Energy in Italy.
Edison will launch next year renewable power projects worth more than $700 million (600 million euros) that will add over 500 megawatts […]
AfDB to provide $1.78 billion for Namibia’s development projects.
The African Development Bank Group (AfDB) has approved a $1.78 billion Country Strategy Paper (CSP) for Namibia, aimed at driving economic transformation […]
China export controls push European firms to move supply chains.
China’s tightening export controls are pushing European firms to explore new supply chain capacity outside of the world’s second-largest economy, a European […]
Billionaire Lim Kok Thay Bets $5.5 Billion To Expand New York Casino After Winning New License.
The energy-to-palm oil conglomerate controlled by Malaysian billionaire Lim Kok Thay—is doubling down on its investments in New York, earmarking $5.5 billion […]
TotalEnergies Sells 40% Stake in Nigerian Offshore Project to Chevron.
TotalEnergies will sell a 40% stake in two exploration licenses offshore Nigeria to Chevron, as part of an ongoing discussion of global […]
Copper marches to record high as supply fears grip global market.
opper advanced to a record high on the London Metal Exchange on fears the global market is heading for a supply crunch. […]