Iraq Rising

Category : Business

Business

UAE enters global top 10 exporters in WTO rankings

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ABU DHABI: The United Arab Emirates entered the world’s top 10 merchandise exporters in 2025 for the first time, ranking ninth globally after its goods exports...
Business

South Korea food exports rise 4% in first quarter

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SEJONG: South Korea’s food exports rose 4.0% from a year earlier in the first quarter, supported by strong overseas demand for ramyeon, snacks, beverages and fresh fruit,...
Business

Vietnam exports jump 19.1% in first quarter of 2026

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HANOI: Vietnam’s exports rose 19.1% from a year earlier in the first quarter of 2026 to $122.93 billion, according to official data released on April 4, extending a...
Business

China expands digital yuan network with 12 new banks

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BEIJING: China’s central bank has added 12 banks to the roster of institutions authorized to operate the digital yuan, widening the reach of the e-CNY and lifting...
Business

South Korea FX reserves fall in March on stronger dollar

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SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations...
Business

South Korea inflation hits 2.2% in March on oil surge

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DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official...
Business

Japan factory output drops 2.1 percent in February

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TOKYO: Japan’s industrial output fell 2.1% in February from the previous month, official preliminary data showed on Tuesday, as weaker production in autos, fabricated metals and electronic...
Business

China medical equipment market hits 1.44 trillion yuan

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CHONGQING: China’s medical equipment market expanded 60.5% between 2021 and 2025, reaching 1.44 trillion yuan ($208 billion) last year, according to data released at the 2026 China...
Business

South Korea central bank hits record annual profit

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SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains...
Business

South Korea starts 2026 with 11.3 trillion won surplus

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SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax...