Economy
President Trump confirms August 1 deadline for 25% tariff on Indian goods over Russian oil purchases
President Donald Trump announced the imposition of a 25% tariff on Indian imports, effective August 1. This decision was driven by concerns over...
Singapore’s central bank maintains monetary policy amid improved global trade conditions and stronger-than-expected economic growth in Q2 2025
Singapore's central bank, the Monetary Authority of Singapore (MAS), has decided to maintain its current monetary policy settings, keeping the rate of appreciation...
U.S. and EU Rush to Finalize Trade Deal Before Tariff Deadline
The United States and the European Union have finalized a trade agreement just days before the impending tariff deadline. The deal establishes a...
Portugal Appoints OECD’s Álvaro Santos Pereira as New Central Bank Governor Amid Political Tensions
Portugal's center-right government has appointed Álvaro Santos Pereira, former OECD chief economist and ex-economy minister, as the new central bank governor, replacing Mário...
Pakistan’s ISI Targets Black Market Dollar Trade to ilize Rupee, Says Forex Association President
Pakistan's Inter-Services Intelligence (ISI) agency has intensified efforts to stabilize the nation's currency by targeting the illicit dollar trade. Malik Muhammad Bostan, chairman...
Nigeria’s economy grows by 30% after GDP recalculation, incorporating digital services and informal sector
Nigeria's economy has experienced a significant transformation following a comprehensive recalculation of its Gross Domestic Product (GDP), leading to a 30% increase in...
Morocco’s central bank explores digital currency for cross-border payments
Morocco's central bank, Bank Al-Maghrib, is actively exploring the implementation of a central bank digital currency (CBDC) to enhance peer-to-peer and cross-border payment...
Malta’s National Statistics Office reports a 25% increase in tourist arrivals during the first four months of 2025
Malta's tourism sector has experienced a significant surge in 2025, with the National Statistics Office (NSO) reporting a 17.4% increase in inbound tourist...
Malaysia’s Economy Grew 4.5% Year-on-year in Q2 2025, Driven by Strong Domestic Consumption and Steady Manufacturing
Malaysia's economy expanded by 4.5% year-on-year in the second quarter of 2025, maintaining the growth rate from the previous quarter. This performance was...
Trump Signs 19% Tariff on Indonesian Goods; EU Plans $84.1 Billion in Retaliatory Tariffs
President Donald Trump has announced a new trade agreement with Indonesia, imposing a 19% tariff on Indonesian goods imported into the United States....
