Two Americans win Nobel prize for models to tackle economic downturns
American professors Robert E. Hall and Michael Woodford have won the 2026 Nobel prize in economics for developing…
Arab News | Egypt’s core inflation eases to 14.1% as food prices climb
RIYADH: Egypt’s annual core inflation slowed by 0.8 percentage points to 14.1 percent in September, although rising vegetable…
China’s peak-season auto sales flop with sharpest monthly drop of year
Automobiles ‘Golden September’ loses luster, underscoring growing reliance on exports A BYD dealership in Shanghai: Chinese automakers face declining…
India aims to upgrade steel capacity to 604M tons by 2047
India targets increasing its steel capacity to 604 million metric tons by 2047 from around 220 million tons…
Kiwi hits multi-year low as petrol surges towards $4 a litre
Business & investing: It was yet another down week for the kiwi dollar notching up its seventh consecutive…
Türkiye’s hazelnut exports exceed $1.9 bln in first nine months
ANKARA Türkiye generated more than $1.9 billion in revenue from hazelnut exports during the January-September period, according to…
In world’s 2nd largest economy, Golden Week spending per trip hits four-year low
Chinese consumers instead opted for more overseas travel to take advantage of a longer travel period around the…
Korea’s economic recovery yet to benefit households broadly: KDI
Containers are stacked at a port in the southeastern city of Busan, Oct. 1. Yonhap The benefits of…
Is France about to default?
Can’t Pay? Won’t Pay!, the translated title of Dario Fo’s 1974 play, is one of the great works…
The War Is Changing the Economics of Saudi Tourism
Delta Air Lines is scheduled to begin nonstop flights from Atlanta to Riyadh on October 23, the first…
New York tops Oxford Economics’ Global Cities Index 2026, London ranks 2nd
New York retained the top spot in Oxford Economics Global Cities Index 2026, with its economy worth $2.6…
Largest US bank with $5 trillion in assets targets Africa’s third-largest economy with new merchant bank
US banking giant JPMorgan plans to launch a merchant bank in Nigeria before the end of 2026,…