China halts gold buying for 3rd straight month
China’s central bank has extended its pause on gold purchases for a third consecutive month, even as the precious…
EVs set to exceed 50% of China car sales for 1st time
China's EV market is charging ahead, with sales of EVs and plug-in hybrids likely surpassing 50 per cent of total…
Maersk predicts slower demand, increases spending
Maersk expects slower global demand for container shipping in the upcoming quarters due to market risks, despite…
Bangladesh garment factories reopen amid political upheaval
Bangladesh's garment factories reopened on Wednesday with the aim of quickly returning to full production.
Romania’s central bank considers 2nd rate cut
Romania's central bank is facing a tough decision on whether to cut interest rates again amid a global market…
HP shifts production away from China
HP is undertaking a major shift in its manufacturing strategy, aiming to move more than half of its personal…
Belgium’s imec, ASML reveal chip-making breakthroughs
Belgium's imec, a leading semiconductor research and development firm, announced several advancements in computer…
Bank of Uganda cuts interest rate by 25 basis points
Bank of Uganda Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 10 per…
Russia’s National Wealth Fund hits $142.58b
Russia's National Wealth Fund's volume was approximately 12.3 trillion roubles ($142.58 billion) as of August 1,…
Hyundai to invest $28m in Thai EV assembly plant
Hyundai Motor has announced plans to invest one billion-baht ($28 million) in a new electric vehicle (EV) assembly…
