International trade
China will accelerate pilot programs to further open up its services sector in key areas such as cloud computing, biotechnology, and wholly foreign-owned hospitals, as part of broader efforts to create a more favorable environment for foreign investment. Deputy China international trade representative at the Ministry of Commerce, Li Yongjie,
Stock prices
Asian markets witnessed significant losses, with Israeli strikes against Iran sparking a rush to safe-haven assets, while Thai stocks faced additional pressure from a volatile political situation and concerns over the economic outlook. Oil prices surged 13% in the immediate aftermath of the strikes, with Brent reaching $78 a barrel,
Stock prices
The benchmark Korea Composite Stock Price Index (KOSPI) had added 20.58 points, or 0.72 percent, to 2,892.43 as of 11:20 a.m. on Wednesday, breaching the 2,900-point threshold for the first time since January 2022. The surge was driven by foreign investors' continued
International trade
Prime Minister Moustafa Madbouli has revealed that the Egyptian government is working on specific targets to enhance investment opportunities across various sectors, with a strong emphasis on tourism. A meeting was held at the New Administrative Capital to discuss investment opportunities in the tourism and antiquities sectors, attended by key
International trade
Egyptian Prime Minister Mostafa Madbouli emphasized the government's efforts to create a favorable investment climate and strengthen the private sector's role in development processes. During a meeting to review investment opportunities in the energy sector for the next 10 years, Madbouli highlighted the government's
International trade
The Egyptian government has expressed its commitment to supporting the healthcare sector, which it considers a promising area for investment, particularly in medical tourism. According to Prime Minister Moustafa Madbouli, the sector is an essential part of the country's strategy to enhance economic competitiveness and increase foreign direct
International trade
Egypt's Prime Minister Mostafa Madbouly, along with Deputy Prime Minister Khaled Abdel Ghaffar and Minister of Investment Hassan El-Khatib, led a high-level meeting to present the government's investment vision for the healthcare sector over the next decade. The meeting aimed to promote investment opportunities in the
Stock prices
Korean stocks surged on Monday morning as foreign investors scooped up blue-chip tech and auto shares, driven by better-than-expected U.S. jobs data and optimism over ongoing trade negotiations between the U.S. and China. The Korea Composite Stock Price Index (KOSPI) jumped 1.72 percent to 2,860.3,
International trade
In a bold move, China's biggest EV battery company, Contemporary Amperex Technology Co. Ltd. (CATL), opened a sprawling factory in central Germany, its first outside China, with an investment of $2 billion. This strategic decision symbolizes President Xi Jinping's recognition that protectionist impulses around the world
Financial markets
The Thai baht has shown an unexpected surge in value, touching the 32-baht-to-US-dollar mark, driven primarily by an influx of foreign investment into Thailand's debt market. This comes as investors seek safer assets due to concerns about US President Donald Trump's trade policies, which have diminished
International trade
The meeting between US Acting Ambassador Natalie A. Baker and Governor Faisal Karim Kundi focused on promoting bilateral cooperation, trade, and foreign investment in Khyber Pakhtunkhwa. Ambassador Baker expressed condolences for the recent terrorist attack on a school bus in Balochistan, while Governor Kundi highlighted the province's potential
Financial markets
The Indian rupee continued its downward trajectory against the US dollar on Thursday, as weak domestic equities and elevated crude oil prices took their toll. The partially convertible currency is currently trading at 85.69, a decline of 10 paise from its previous close of 85.59 on Wednesday. This
