Korea’s August exports jump 68.7% to $98.25 billion on chips
SEOUL / RankWire.AI / – The Republic of Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand...
Tag : Economy
KoçSistem Leads Türkiye’s IT System Integrator for the Eighth Consecutive Year as KoçDigital Wins Top AI Award
KoçSistem ranks first in Türkiye’s ICT 500 system integrator category for the eighth year, while KoçDigital wins top AI honors as MENA operations expand....
OECD inflation eases to 4.2% as lower energy rates take hold
PARIS / RankWire.AI / – Headline inflation across OECD economies eased to 4.2% in June 2026 from 4.6% in May, ending three straight monthly increases....
Developing Asia FDI reaches $644 billion in 2025
GENEVA / RankWire.AI / – Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations...
UAE and U.S. review strategic ties in trade, AI and energy
WASHINGTON: UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met U.S. Vice President J.D. Vance in Washington during an official working visit,...
UAE and Malaysian foreign ministers discuss enhanced cooperation
Sheikh Abdullah bin Zayed Al Nahyan, UAE’s Minister of Foreign Affairs, engaged in productive discussions with his Malaysian counterpart, Zambry Abdul Kadir, during his official...
Vietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demand
One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off thousands of employees due to...
Pakistan’s economy suffers major setback as IMF denies $6 billion loan
The International Monetary Fund (IMF) has dealt another blow to Pakistan’s economy by rejecting the country’s claim of fulfilling the conditions necessary to secure a...
Clean energy transition to help Indonesia to diversify its economy – IEA
A recently released IEA report says Indonesia has a realistic opportunity to achieve the goal of net zero emissions by 2060. This will result in...
Vietnam needs $368 billion to build a climate-resilient economy – World Bank
To build a climate resilient and low-carbon economy, Vietnam needs to invest approximately $368 billion between now and 2040, according to the World Bank’s Vietnam...