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EU car market sees rise of electric, hybrid vehicle
The European Union (EU) had 10.7 million new car registrations in 2023.
Yen weakens as Japan election results raise uncertainty
Japanese yen dropped to a three-month low on Monday after Japan's ruling coalition lost its parliamentary majority…
S. Korea, Indonesia launch local currency framework
Bank Indonesia (BI), the Bank of Korea (BOK), and the Ministry of Economy and Finance (MOEF) have introduced a new…
S. Africa’s rand slightly down on Monday
The South African rand weakened slightly in early Monday trade, with the dollar recovering after last week's dip on…
Oil declines on Tuesday
Oil declined as indicators pointed to a softer market despite heightened geopolitical tensions ahead of an OPEC+…
US surpasses China as Germany’s top trader
The United States has surpassed China to become Germany's primary trading partner in the initial quarter of the…
OECD maintains Indonesia growth outlook for 24-25
The Organisation for Economic Co-operation and Development (OECD) has maintained its growth projections for…
OECD raises US growth forecast for ’24, ’25
The US economy is projected to grow 2.6 per cent in 2024, before slowing to 1.8 per cent in 2025 as the economy…
China’s waterway investment surges in early months
China’s waterway network saw a significant 17 per cent year-on-year increase in fixed-asset investment (FAI) in the…
Taiwan central to continue tightening policies
Taiwan central bank will continue its tightening policy to curb inflation, Reuters reported on Tuesday.