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Industry & Trade
Carbon levy on shipping gains global support
A group of 47 countries, including the European Union, Canada, Japan, and Pacific Island states, are advocating for…
Swiss firms seek central bank support amid strong franc
Swiss industries are calling on the country’s central bank to shift its focus from combating inflation to…
China’s property investment, sales decline at slower pace
China's housing market showed signs of improvement at the start of the year, with property investment and sales…
China’s Jan-Feb 7% industrial output jumps, tops forecasts
China’s industrial output saw a year-on-year increase of 7.0 per cent in the first two months of 2024, surpassing…
Vietnam’s VinFast taps Africa via Ghana
Vietnamese automaker VinFast is partnering with Ghana’s Jospong Group to distribute its electric vehicles (EVs) in…
Asian diesel margins heat up amid supply surplus, sea concerns
Asia’s diesel production margins are under increasing pressure due to an oversupply as major exporters ramp up…
Oil surges amid supply risks, global tensions
Oil prices saw an uptick in Asian trade on Monday, continuing the upward trend from last week when prices rose…
Egypt’s Sisi receives head of European Commission
President Abdel Fattah al-Sisi has received on Sunday Ursula von der Leyen, President of the European Commission,…
Oman’s inflation hikes 1.9% in Feb.
The inflation rate in the Sultanate of Oman increased 1.9 per cent in February 2024 compared to same month a year…
Xpeng enters price war, launches affordable EV brand
Xpeng, a Chinese EV maker, announced its plan to launch a more affordable brand, marking its entry into an…