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Koreans turn to cheaper alternatives, stockpile essentials as living costs rise due to Middle East conflict
An employee promotes a discount event for cleaning products at a Lotte Mart store in Seoul on March…
Türkiye unveils credit boost to shield tourism, exports amid tensions
Turkish authorities are rolling out a credit volume of TL 120 billion (around $2.7 billion) to shield its…
Private credit growth drops to record low, near-term recovery unlikely
Credit growth edged down from 6.1% in December, continuing a sharp decline from 10.13% recorded in July 2024.…
Mideast war carries ‘serious risk’ for African economies: Report
The Middle East war “presents a serious risk to Africa,” the African Union (AU) and the African Development…
Exclusive | Andrew Tilton on China’s growth prospects, economic trajectory in wake of Iran war
Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs, speaks to the South China Morning Post about the long-term…
India makes first Iranian oil buy in seven years with no payment problems
Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait…
Foreign trade climbs 23% to nearly $250B in Q1
The sum consists of $122.93 billion in exports and 126.57 in imports, respectively increasing 19.1% and 27%. That…
Govt to buy 200,000 tonnes of urea amid Hormuz crisis
The government seeks to procure another 200,000 tonnes of urea amid supply concerns centring on the unrest in…
KMT leader’s China visit, key economic outlooks, RBI monetary policy
Welcome to Your Week in Asia. Although geopolitical attention is focused on the Middle East, the Iran war…
Energy crisis? We’ve been here before, haven’t we?
The war in the Middle East points to UK stagflation: a stagnating economy coupled with rising inflation. Its…
Portugal among EU countries with the most people working close to 50 hours a week
Published on 05/04/2026 – 8:00 GMT+2 Portugal ranks fourth in the European Union for the share of professionals…
Saudi Arabia’s non-oil business conditions weaken for first time since August 2020
Saudi Arabia’s non-oil sector reported a decline in business activity in March, the first time in five-and-a-half years,…