Economic

Deteriorating humanitarian and economic conditions in the Yemeni city of Aden is not different from the situation in the other governorates, where the collapse of the Yemeni riyal exchange rate led to unprecedented rises in food prices,…

Britain's young adults are facing a "cost of living crisis" as they struggle to pay bills while trying to save for the future, a study showed Wednesday (Oct 13). Hard hit by the fallout from the coronavirus pandemic, almost half of 18-30…

Indonesia launched on Monday a website to process investment permits, which the government hailed as an important milestone in reforms aimed at making it easier and quicker to do business in Southeast Asia's largest economy. President…

Indonesia pulled out of recession in the second quarter, reporting its strongest annual growth rate in 17 years, but analysts warned its economic recovery will suffer a setback due to a recent surge in COVID-19 infections. Southeast…

Apple's biggest supplier, Foxconn, has agreed to purchase a semiconductor plant in Taiwan to solidify its push into electric vehicle manufacturing, with Apple itself rumored to be planning an Apple Car down the road. Foxconn has started…

Thailand’s baht has gone from being one of Asia’s strongest currencies before the pandemic to one of its worst performers this year as the coronavirus crisis ravages its crucial tourism sector. The Thai currency is down more than 9 per…

BMW has raised its profit forecast for 2021 today announcing strong quarterly results while warning investors about the impact of the global semiconductor chip shortage on the carmaker. The company saw “strong customer demand during the…

Experts emphasized the deterioration of the living situation in Lebanon, the Pervasive poverty, and unemployment in light of the price rise. They held Hezbollah responsible for the grim conditions of the people and Lebanon due to its…