Nigeria risks losing maritime race to Indonesia
Nigeria is falling behind Indonesia in the blue economy race, warns Maritime Innovations Hub CEO Ronke Kosoko. Urgent investment and action are needed to close the gap. Read more.
Category : Search result: Asia economy
German Factory Orders Rise More Than Expected
German industrial orders surged 1.5% in October, far exceeding forecasts. The rise, driven by defence procurement, signals a potential bottom for Europe's largest economy. Read the full analysis.
Trump Rolls Back Biden's Car Mileage Standards
President Trump overturns Biden's fuel-economy rules, claiming it will lower car prices. Critics warn it will worsen climate change and increase fuel costs for drivers.
Chinese mining CEO arrested in Kyrgyzstan
Kyrgyz authorities detain Chinese CEO of gold mining firm accused of major environmental damage amid growing anti-China sentiment. Read full details.
Japan PM Takaichi defends $135bn stimulus package
Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.
Afghanistan Diversifies Trade Amid Pakistan Dispute
Afghanistan is urgently seeking new trade partners after a border clash with Pakistan. The Taliban government is turning to Iran and Central Asia as $100 million in losses hit traders. Discover the economic fallout.
Nigeria's 15% maritime GDP triggers PPP push
Nigeria's low 15% maritime GDP contribution sparks urgent PPP drive to unlock N22.12 trillion blue economy potential through fisheries, tourism and port modernization.
Central Asia's Energy Crisis Deepens Amid Water Shortage
Kyrgyzstan and Tajikistan face a severe energy crisis as water levels at key hydropower reservoirs plummet. Discover the causes and government responses to this critical situation.
Germany approves €98 billion debt for 2026 budget
German parliament approves revised 2026 budget with €98 billion borrowing for economic relief and military spending. Chancellor Merz unveils industrial power price cuts.
Cartier Owner Richemont Reports €10.6B Sales Amid Asia Recovery
Swiss luxury group Richemont, owner of Cartier, reports strong €10.6 billion sales driven by jewellery demand and Asian market recovery. Discover how luxury sector navigates economic challenges.
World's Largest Walnut Forest Thins Away in Kyrgyzstan
The world's largest wild walnut forest in Kyrgyzstan is thinning due to climate change, illegal logging, and overgrazing, threatening a vital economic lifeline for local communities.
German experts cut 2026 GDP forecast to 0.9%
German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.
Typhoon Kalmaegi: 140 Dead in Philippines, Now Hits Vietnam
Deadly Typhoon Kalmaegi leaves trail of destruction across Southeast Asia, claiming 140 lives in Philippines before making landfall in Vietnam. Latest updates on the catastrophic storm.
China Defends Nigeria: 4 Reasons Against Trump's Strike Plan
Beijing launches fierce defense of Africa's largest economy as Trump considers economic strikes against Nigeria. Discover why China is taking Nigeria's side in this escalating diplomatic clash.
Africa: 4th Largest Economy by 2050 Says WTO
Groundbreaking WTO analysis projects Africa's economic rise to global top four within decades, driven by population growth and strategic investments.
German Factory Orders Decline in June 2024
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
Global Experts Demand Action on Inequality Crisis
Economic experts worldwide are calling for an international panel to address the growing inequality crisis threatening global stability and economic growth.
Myanmar Scam Crackdown Sparks Recruitment Frenzy
Massive raids on Myanmar's cybercrime operations have triggered an unprecedented recruitment frenzy as fraud syndicates scramble to replace arrested workers. Discover how this affects global scam activities.
Trump Tariffs Face Supreme Court Challenge - Nigeria Impact
Former US President Donald Trump's controversial tariff proposal encounters legal hurdles as Supreme Court prepares landmark ruling that could reshape international trade and affect Nigerian economy.
Nigeria's Wealth Paradox: Resource Rich But Poverty Stricken
Discover the complex reality behind Nigeria's economic status - a nation blessed with abundant natural resources yet struggling with widespread poverty and development challenges.
Africa Launches First Blue Economy Finance Festival
Historic initiative connects African and Caribbean nations to unlock $1.5 trillion blue economy potential through sustainable ocean investment and climate-resilient projects.
Xi Jinping meets South Korean leader after APEC summit
Chinese President Xi Jinping held crucial talks with South Korean President Yoon Suk Yeol following the APEC summit, signaling strengthened bilateral relations and economic cooperation between the Asian powerhouses.
Ogun State: Driving Nigeria's Industrial Revolution
Discover how Ogun State's strategic partnerships with multinational corporations and local industry leaders are driving Nigeria's most significant industrial transformation in decades.
Food Stamps: Supporting 40 Million Americans Against Hunger
Discover how the Supplemental Nutrition Assistance Program serves as critical lifeline for millions of American families facing food insecurity and economic challenges.
US Fed Official Defends Rate Pause Amid High Inflation
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
Swiss Bank Profits Soar with Gold Price Surge
The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.
NGX Gains ₦285BN as Market Stages Impressive Comeback
The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.
France Rejects Wealth Tax Proposal in Budget Debate
French parliament votes against reinstating wealth tax during 2025 budget discussions, maintaining current tax policies that affect international economic relations.
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
China Suspends Rare Earth Export Controls to EU
Breaking: China makes unexpected decision to lift rare earth export restrictions to European Union, reshaping global supply chains and economic dynamics. Official confirmation reveals strategic trade shift.
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