Australian property auction clearance rates bounce to seven-week high
After three weeks in the sub-50 per cent doldrums, auction clearance rates have bounced back to their highest…
ECONOMIC WEEK AHEAD: July 13-17
The S&P 500 closed Friday at 7,575.39, up 1.2% on the week, while the Nasdaq rose 1.7% last week. The…
Singapore remains first; Hong Kong drops to fourth costliest city for the wealthy amid change in luxury spending
Hong Kong now ranks lower among the costliest cities for rich people “living well”, with Singapore the most…
Expert identifies trigger for next ‘severe global recession’
A sustained surge in oil prices above $120 per barrel could be the catalyst for the next global…
Turkish automotive production falls 6 percent in first half of 2026
ISTANBUL Türkiye’s total automotive production declined by 6 percent year-on-year in the first six months of 2026 to…
Fitch affirms Saudi Arabia’s ‘A+’ rating with stable outlook
RIYADH: Fitch Ratings affirmed Saudi Arabia’s ‘A+’ sovereign credit rating with a stable outlook, citing strong fiscal buffers…
Türkiye offers Europe’s cheapest holiday destination
ISTANBUL Türkiye ranks as the cheapest country among Europe’s seven most popular holiday destinations, according to a Euronews…
Oman posts $5.4bn trade surplus by end of April
RIYADH: Oman’s trade balance recorded a surplus of 2.09 billion Omani rials ($5.4 billion) by the end of April, little changed from 2.11…
14 countries account for 68.8% of Egypt’s foreign trade in H1 FY2025/26: CBE
Fourteen countries accounted for 68.8% of Egypt’s total foreign trade during the first half (July–December) of fiscal year…
Inside New Zealand’s shrinking building and construction industry
The New Zealand building and construction industry has shrunk over the past couple of years, with a full…
Japan wants 60 million tourists, but China isn’t sending them
Japan has found a new export industry and it doesn’t come off an assembly line. It arrives by…
Bankruptcy boom: Businesses going broke in Europe’s biggest economy
Germany’s corporate insolvency crisis is no longer a story about a few struggling sectors or poorly managed firms.…