Browsing Category
Economy
Economy
UK Judge Finds BHP Group Liable in Historic Brazilian Dam Disaster, Paving Way for Massive Lawsuit
LONDON – A British judge has ruled that global mining giant BHP Group is liable for Brazil’s worst environmental disaster, a landmark decision that opens the door to one of the…
Gold Extends Gains as Weak Economic Data Fuels Rate Cut Bets
Gold prices climbed for a second consecutive session on Monday, as a series of signals pointing to a softening U.S. economy bolstered expectations for an imminent interest rate cut…
Toyota Kicks Off $13.9 Billion U.S. Battery Production, Confirms New $10 Billion Investment Pledge
LIBERTY, North Carolina – Toyota Motor Corporation has officially launched production at its massive new battery plant in North Carolina, a cornerstone of its strategy to localize…
Market Watch: Fuel and Gold Dip as Sugar and Gas Climb in Kabul
KABUL – Kabul residents experienced a mixed bag of price movements in essential commodities this past week, with noticeable declines in fuel and gold providing some relief, even as…
Afghanistan Secures New Export Lifeline with Uzbekistan Air Corridor Deal
KABUL/TERMEZ – In a significant move to bolster its agricultural economy and circumvent regional trade barriers, Afghanistan is set to commence exports of fresh fruits and…
Indonesia Revives Long-Stalled Plan to “Slash the Zeroes” from the Rupiah
JAKARTA – In a move aimed at streamlining its economy and bolstering its national currency, Indonesia's Finance Ministry has announced it is reviving a legislative bill to…
Gold Consolidates Below $4,000 as Trade Truce Dents Haven Appeal
Singapore – Gold traded firmly below the psychologically significant $4,000 an ounce level on Tuesday, stabilizing after a sharp selloff as renewed diplomatic progress between the…
Saudi Economy Grows 5% in Q3, Fueled by Oil Surge
Saudi Arabia's economy expanded by 5% year-on-year in the third quarter, driven by a significant 8.2% surge in oil-related activities, according to preliminary government data.…