World Business
Adnoc LNG Tanker Delivers Cargo to India After Hormuz Transit
An Adnoc LNG tanker, the Umm Al Ashtan, has exited the Strait of Hormuz, delivering cargo to India, contributing to a recent...
World Business 115 articles
World Business
Gulf Shrimpers Face Existential Threat as Fuel Costs Soar, Imports Dominate
Gulf shrimpers are struggling with diesel prices surging over 50% in three months and facing intense competition from cheap imports, pushing many...
World Business
Singapore’s Economic Outlook Dims Despite Q1 Beat, AI Boom Offers Buffer
Singapore's MTI warns of rising macro risks for 2024 due to Middle East conflict and global energy crunch, despite a robust 1%...
World Business
US Sanctions Power Against Iran Peaks, Economy Unbowed
The Trump administration's "Economic Fury" campaign has failed to significantly alter Iran's economic resilience, with experts suggesting US sanctions power has reached...
World Business
Mastercard Seeks Processors to Share Banco Master Losses
Mastercard is reportedly asking Brazilian payment processors to absorb half of its losses stemming from the collapse of Banco Master and its...
World Business
Japan Exports Jump 15% in April Amid Oil Supply Worries
Japan's exports surged 14.8% in April, defying concerns over oil and gas supplies due to the Iran conflict. Trade balance shifted to...
World Business
Asia Chip Windfall Fuels Global AI Hyperscalers
Asian chipmakers' AI-driven profits are creating a global savings glut, funding hyperscalers and echoing past financial cycles.
World Business
UK Secures £3.7bn Trade Deal with Six Gulf States
The UK has finalized a £3.7bn trade agreement with six Gulf states, aiming to boost exports by removing tariffs. However, rights groups...
World Business
EU Parliament, Council Agree to Ratify US Trade Deal
The EU Parliament and Council have agreed to ratify a trade pact with the US, following marathon talks and pressure from President...