Browsing: Business

MUMBAI: India’s rupee recorded the strongest gain among major Asian currencies after rebounding from a record low, helped by official support measures as the Reserve Bank of India reiterated its approach of smoothing excessive currency volatility rather than defending a

TOKYO: The United Arab Emirates and Japan have concluded negotiations on a Comprehensive Economic Partnership Agreement, officials said, marking a major step toward a bilateral trade and investment pact that both governments described as Japan’s first such arrangement with an

BERLIN: Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates’ deputy prime minister and foreign minister, met Germany’s Foreign Minister Johann Wadephul in Berlin on March 4, officials said. The meeting took place during a working visit and focused

BEIJING: China’s factory activity contracted for a second straight month in February, with the official manufacturing purchasing managers’ index (PMI) slipping to 49.0 from 49.3 in January, according to National Bureau of Statistics data released on March 4. A reading

BEIJING: China’s factory activity contracted more than expected in February, as a longer Lunar New Year holiday disrupted production schedules and slowed order flows, according to an official survey released on March 4. The National Bureau of Statistics said the

RIYADH: Saudi Arabia has placed a temporary ban on imports of poultry meat and table eggs from Indonesia under updated health controls published by the Saudi Food and Drug Authority, tightening access for Indonesian products to one of the region’s

TOKYO: Japan’s unemployment rate rose to a seasonally adjusted 2.7% in January from 2.6% in December, marking the first increase in five months, government data showed. The rise came as the number of people in work edged lower and the

NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during Carney’s official visit to India from Feb. 27 to March 2. The statement said

ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind portfolio, the companies said. The transaction covers nine onshore wind farms in northern

DUBAI: Dubai International Chamber said Asia accounted for 46.9% of the multinational companies it attracted to the emirate in 2025, the biggest regional share among the new entrants it helped bring to Dubai. The chamber said it attracted 64 multinational