Browsing: Business

Global foreign direct investment (FDI) rose by 4 percent in 2024 to reach US$1.5 trillion, according to the World Investment Report 2025 released by the United Nations Conference on Trade and Development (UNCTAD) on Thursday. However, the headline increase masks a

The European Commission has estimated that the European Union will need to invest €241 billion in nuclear energy infrastructure by 2050 to meet its climate neutrality and decarbonisation targets. The figure was outlined in the Commission’s latest nuclear illustrative programme (PINC), released on Tuesday,

Japan recorded a trade deficit of 637.6 billion yen ($4.4 billion) in May, marking the second consecutive month of red ink as exports declined amid falling demand for automobiles in the United States, according to data released Wednesday by the Ministry

The United Arab Emirates’ real gross domestic product (GDP) reached AED1,776 billion in 2024, reflecting a year-on-year growth rate of 4 percent, according to figures released by the Federal Competitiveness and Statistics Centre. This expansion underscores the continued momentum in

China’s consumer prices declined for a fourth consecutive month in May, heightening concerns over persistent deflation and sluggish domestic demand despite ongoing government stimulus efforts. Data released by the National Bureau of Statistics on Monday indicated that the consumer price index

China’s exports to the United States collapsed in May, plunging 34.5% year-on-year in the sharpest drop since the pandemic-era crash of early 2020. The dramatic fall underscores escalating trade tensions and the deepening economic fallout from tit-for-tat tariffs between Washington and Beijing, even as both

Rents declined across most major U.S. metro areas in May, marking the largest year-over-year drop in two years as rising supply outpaced demand, according to new data from Redfin. Out of 44 major core-based statistical areas analyzed, 28 recorded annual rent decreases,

In the first quarter of 2025, the euro area and the European Union both registered a seasonally adjusted GDP growth of 0.6% compared to the previous quarter, according to data released by Eurostat, the statistical office of the European Union. This marks

The Food and Agriculture Organization of the United Nations (FAO) has projected a record global cereal production of 2,911 million tonnes in 2025, marking a 2.1% increase compared to 2024 levels. The forecast was released on Friday in the FAO’s latest Cereal

Japan’s Cabinet has approved a comprehensive five-year plan to enhance the country’s disaster resilience, committing more than 20 trillion yen ($139 billion) toward bolstering critical infrastructure through 2030. The sweeping initiative responds to the growing vulnerabilities of Japan’s aging infrastructure and