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Exports have become a key pillar of support for the Chinese economy, helping to sustain growth amid tepid domestic consumption.
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SINGAPORE: Shipping traffic through the Strait of Hormuz slowed at the start of this week, after Iran threatened on Monday to retaliate for any new US attacks.
Key PointsAWS's high operating margin allows the company to grow profits rapidly.
Vice President Kashim Shettima says President Bola Tinubu is deeply committed to prioritising transportation infrastructure to ease operations for Nigerian transporters.
SEOUL: Round-up of South Korean financial markets: South Korean shares rose nearly 2% on Tuesday to their highest level in three weeks, led by gains in heavyweight chipmakers. The benchmark KOSPI was up 133.95 points, or 1.91%, at 7,129.34, as of 0217 GMT, extending gains to a fourth consecutive session and hitting the highest intraday…
Dubai: Gold prices in Dubai moved higher again on Tuesday morning, taking the 24-karat rate to Dh534.50 per gram and pushing 22-karat gold back to Dh495. The 24K rate was up Dh3.75 from Dh530.75 on Monday, while 22K gained Dh3.50 from Dh491.50, adding to a month that has already seen sizeable swings in local jewellery prices. Get…
Profit at Old Mutual declined for the first time since 2022 as risk-off sentiment from conflicts in the Middle East curbed investment returns at the Africa’s biggest insurer by assets.
