Economy

Singapore: Normalisation from Covid-19 economic disruption is expected to take longer in India, Japan, Australia and most of southeast Asia, according to a...

Rome: Italy imported more from China than from any other non-European Union (EU) countries in 2019, showed the annual "Blue Book" released by...

Washington: New orders for US durable goods surged in July as business investment has begun to recover, the US government said on Wednesday. New orders for...

Brussels: Europe formally and dramatically entered into recession on Friday, with the latest data released by the European Union showing that the 19-member...

Brussels: The eurozone's economy took an unprecedented hit due to coronavirus pandemic, with the bloc's GDP contracting by 12.1 per cent in the...

Washington: The US economy saw the sharpest contraction in decades between April and June as the country grappled with the fallout of COVID-19 lockdowns,...

London: Loss after economic loss rolled in on Thursday as global companies and national governments reported record-low financial results for the second...

Washington: The US Federal Reserve on Wednesday kept its benchmark interest rate unchanged at the record-low level of near zero while warning that a recent...

The Oman government is amidst its mission to integrate the state-owned oil and petrochemical companies. In their most recent announcement, the government...