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Saudi Arabia has pledged to boost investments in America to nearly US$1 trillion, but according to analysts Riyadh could struggle to meet that target.Rather, they said the pledge – announced when Crown Prince Mohammed bin Salman visited Washington last month…
NEW YORK: Silver breached the USD77 mark for the first time on Friday, while gold and platinum hit record highs, buoyed by expectations of US…
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World Economy
From artificial intelligence bubbles to a surge in government spending, and from real estate downturns to oil price spikes, these factors are likely to be among the most influential forces shaping global markets in 2026, whether negatively or positively. …
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Finance & Economics
U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve’s interest rate decision as well as a batch of economic data.At 4:19 a.m. ET, the 10-year Treasury yield was little changed at 4.33%. The 2-year yield was down less than…
Economist Impact
Shares at the Pakistan Stock Exchange (PSX) hit an all-time high of 124,000 points on Wednesday as the proposed federal budget for the upcoming fiscal year was well-received by investors for being “neutral-to-positive”. Maintaining an aggressive stance on…
Saudi Arabia has pledged to boost investments in America to nearly US$1 trillion, but according to…
Three more top-ranking Chinese officers have been expelled from the national legislature, becoming the latest to…
In the heart of Algeria’s Sahara Desert, Chinese state-owned giant China Railway Construction Corporation (CRCC) has…
Economist Intelligence
SEOUL: Online retailer Coupang’s chairman and founder Kim Bom said he “sincerely apologises” for a recent leak of customer data and pledged to unveil a compensation plan as soon as possible, in a statement, opens new tab posted on the…
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Saudi Arabia has pledged to boost investments in America to nearly US$1 trillion, but according to analysts Riyadh could struggle to meet that target.Rather,…
Three more top-ranking Chinese officers have been expelled from the national legislature, becoming the latest to fall foul of an anti-corruption campaign sweeping through…
In the heart of Algeria’s Sahara Desert, Chinese state-owned giant China Railway Construction Corporation (CRCC) has completed laying track on the PK330 Bridge, a…
As the Philippines wraps up a tumultuous year punctuated by colourful barbs thrown across warring political houses, an ongoing corruption scandal surrounding flood control…