Asian stocks rallied Monday after top Chinese and US officials held "substantial" trade talks at the weekend, fuelling hopes the two sides will dial down a tariff standoff that has rattled global markets and fuelled recession fears.

 Global VC investment fell from a five-quarter high of US$95.5 billion in Q2'24 to a nearly seven-year low of US$70.1 billion in Q3'24, amid ongoing geopolitical conflicts, the continued exit drought

The layoffs could affect about 10 percent of the workforce.

In an interview with TRENDS, CEO of ITCN Asia, Muhammad Umair Nizam highlights the expanding role of Pakistani IT firms in the GCC tech landscape.

The fifth annual Chainalysis Global Crypto Adoption Index looks at both on- and off-chain data to determine which countries are leading the world in grassroots crypto adoption. Our research highlights countries where unique cryptocurrency use cases are taking hold, and explores why people in countries around the world are embracing...

Dubai, UAE--Dubai received 3.67 million overnight visitors in January-February 2024, with an increase of over 18 percent year-on-year (YoY), figures released by Dubai Department of Economy and Tourism (DET) showed.According to the DET's Tourism Performance Report for January-February 2024, Dubai recorded 1.77 million international visitors in January, and 1.9 million...

In December, the airline ordered 230 Airbus planes.

Bangkok, Thailand--Asian economies are not doing as well as they could and growth in the region is forecast to slow to 4.5 percent this year from 5.1 percent in 2023, Associated Press (AP) quoted a World Bank report as saying on Monday.Debt, trade barriers and policy uncertainties are dulling the...

The Shenzhen-based firm is now moving quickly overseas.

Dubai, UAE -- Nearly 50 percent of the Multinational Corporations (MNCs) that opened businesses in Dubai during 2023 are based in Asia and Australia, according to the Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers.The Chamber said in a statement that growing number...

Doha, Qatar - Doha Bank has successfully issued $500 million in international bonds, garnering a total order book of $2 billion, marking an oversubscription of 4 times. The investor base includes prominent asset managers, banks, private banks, and insurance companies from the United States, Europe, Asia, and the Middle East.The...

Singapore, Singapore - Boeing said Wednesday it was preparing to compete with China's first domestically produced passenger plane, which was showcased for the first time to international buyers at Asia's biggest airshow.The single-aisle C919 aircraft made its international debut this week at the Singapore Airshow, featuring in both flying and on-the-ground...

Clark, Philippines - NASA has kicked off a series of marathon flights in Asia with the world's biggest flying laboratory, in an ambitious mission to improve the models that help to forecast and fight air pollution.Millions of deaths each year are linked to air pollution, and improving the ability to identify its sources...

"The markets continue to forge ahead despite a blowout jobs report from the US last Friday which seems to have finally put the nail in the coffin of the idea rates will be cut next month," said AJ Bell investment director Russ Mould.

BEIJING, CHINA - China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said on Friday.The world's second-largest economy last year saw some of its slowest growth in decades, as a debt...

"Container shipping... has declined by almost 30 percent," said Jihad Azour, director of the IMF's Middle East and Central Asia department, adding that "the drop in trade accelerated in the beginning of this year."

The cooperation deal between the two will begin February 2025.

Wielding piles of cash and cutting-edge technology, many Arab telecom firms are scouting overseas markets to expand business beyond home territory.

Hong Kong, China - Asian markets stumbled out of the gates Monday, extending last week's grim start to the year, after a forecast-busting US jobs report further dampened hopes for an early interest rate cut.The keenly awaited non-farm payrolls data Friday showed the world's number one economy remains resilient despite interest...

Wielding piles of cash and cutting-edge technology, many Arab telecom firms are scouting overseas markets to expand business beyond home territory.

New Delhi, India - India's solar observation mission on Saturday entered the Sun's orbit after a four-month journey, the latest success for the space exploration ambitions of the world's most populous nation.The Aditya-L1 mission was launched in September and is carrying an array of instruments to measure and observe the Sun's...

Hong Kong, China - Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data.Equities surged in the...

The detained people were wanted in the United States, Germany, India, and several former Soviet republics as well as other parts of Asia and the Middle East.

Following record highs in 2023 for the likes of Paris, Frankfurt and Tokyo, investors are predicting more gains as central banks prepare a series of interest-rate cuts as inflation cools. Oil prices rallied 2.5 percent on supply concerns after Iran dispatched a warship to the Red Sea in response to...

Paris, France - Asian countries dominated the top spots in a keenly watched survey of education capabilities published Tuesday, while levels in Europe slipped at a record pace -- and not just because of Covid.However, the report also showed that students in top performing countries were not necessarily happier.The PISA survey...

Hong Kong, China - Gold prices soared to a record high above $2,100 on Monday as traders grow increasingly confident the Federal Reserve will cut interest rates in the new year.The precious metal struck $2,135.39 in early Asian trade, topping the previous all-time high set in 2020, during the pandemic.Traders have...

MANILA, PHILIPPINES - Setting the scene for a low-carbon and climate-resilient Asia and the Pacific, the Asian Development Bank (ADB) plans to invest US$100 billion of its own funds and work with the public and private sector to maximize its climate impact.With the region on the frontline of the growing...

Copenhagen, Denmark - Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million deaths worldwide by 2050, the World Health Organization warned on Thursday.WHO's European chapter conducted a study which showed that antibiotics were prescribed for things like common cold (24 percent of...

Dushanbe, Tajikistan - Tajikistan announced plans Friday to link with China's telecommunications network in order to improve the mountainous, landlocked country's internet access, as Beijing's influence in Central Asia grows.Tajikistan has one of the slowest internet services in the world despite improvements in recent years, with all traffic going through a...

The emergency meetings of the Arab League and the Organization of Islamic Cooperation come after over one month of Israeli bombardment has killed more than 10,000 people in Gaza, many of them children, according to the Hamas-run health ministry. With Israel's leaders rebuffing talk of a ceasefire until the captives...

DOHA, QATAR - Qatar has agreed to supply Sinopec with natural gas for 27 years, the Gulf emirate's state-owned energy company said on Saturday, its second such deal with the Chinese firm.  Doha will supply three million tonnes of gas a year under the deal, QatarEnergy said, announcing another agreement granting the...

Abu Dhabi, UAE - Mubadala has issued its first-ever Green Bond for US$750 million with a tenor of 10.5 years, at a yield of 6.03 percent and coupon at 5.875 percent. The issue saw strong demand from the market.The order books peaked at more than $6 billion with robust demand...

Markets had enjoyed a healthy run Tuesday on optimism that while Israeli Prime Minister Benjamin Netanyahu was preparing for a ground offensive in the blockaded territory, the crisis could be contained.

"Equity markets are bouncing back on Tuesday after a risk-averse start to the week, buoyed... by some promising Fed commentary," said analyst Craig Erlam at trading firm OANDA.

The value of the deal is expected between $3.2 billion to $4.1 billion.

WASHINGTON, US  - China is seeking to surpass the United States as the top power in the world, US Secretary of State Antony Blinken said on Thursday, as he again warned on Taiwan.Successive US presidents have called China the top long-term challenge to the United States, but some US analysts have...

Ankara, Turkey - Turkey is engaged in “intensive negotiations” with regional partners to propose an alternative to the India-Middle East trade corridor plan agreed upon at the recent G20 summit, Financial Times reported on Sunday. The country aims to reinforce its historical role as a vital transport route for goods...

Countries in the Middle East, Africa and Asia must work together to combat sand and dust storms made increasingly severe by climate change, the United Nations and Iran said. “I urge you to use your time in Tehran to build partnerships, increase cooperation and commit to practical action,” UN chief...

"2023 is the year that climate records were not just broken but smashed," said Mark Maslin, a professor of climatology at University College London.

The gains, including a jump in US tech stocks, "looked more like a correction than a reaction to fresh news, as there was no fresh news that went against the slowing China rhetoric" or indication of a possible shift in policy by US monetary policymakers, said Swissquote Bank analyst Ipek...

Dubai, UAE -- Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, attracted 69 emerging technology companies to the emirate in the first half of 2023 in partnership with various government authorities.The chamber said that during the six-month period, the chamber successfully...

Dubai, UAE - Dubai International Chamber attracted 56 businesses to the emirate during H1 2023, including six multinational corporations and 50 Small and Medium-sized Enterprises (SMEs), local media reports said.It also supported the expansion of 15 local and national companies into global markets, either by increasing their exports or helping...

Brussels, Belgium - Europe's liquefied natural gas (LNG) imports fell to the lowest level since the start of the Russian military operations in Ukraine after a drop in prices reduced the regions appeal.LNG deliveries fell 7% in July from a year earlier to 8.6 million tons, the least since November...

Asian equities wobbled at the end of a draining week as fresh US jobs data put revived bets on two more Federal Reserve interest rate hikes, adding to ongoing worries about China's economy. Investors have largely been on the back foot since Beijing announced a big miss on second-quarter growth.

Asian stocks tumbled again after another round of strong US data reinforced expectations the Federal Reserve will resume its interest rate hikes as officials wrestle with stubbornly high inflation. After a strong start to the week fueled by signs that US prices were stabilizing, regional markets have taken a turn...

Petteri Taalas, secretary-general of the UN's World Meteorological Organization, warned on Monday that El Nino "will greatly increase the likelihood of breaking temperature records and triggering more extreme heat in many parts of the world and in the ocean."

In April, several OPEC+ members opted to slash production voluntarily by more than one million bpd -- a surprise move that briefly raised prices but failed to bring about lasting price recovery.

Amman, Jordan-- Trade between Jordan and non-Arab Asian countries has shot up in the first quarter of 2023, with the value of the kingdom's exports to the countries surging to about $1.16 billion, compared to about $1.07 billion for the same period last year, according to foreign trade data issued...

Hundreds of millions of Muslims in their best dresses packed mosques in the Middle East, Asia, Europe, Africa, and the Americas to mark the festive occasion.

In spite of economic sanctions imposed by the Western governments against Iran, the country has seen its oil exports surge in May to 1.9 million barrels per day. According to its oil minister, the energy diplomacy and its strengthening relations with countries in Asia, Africa, and Latin America have helped...