The Latest Breaking News from Economy

China and India will shape Asia in the next decade, but likely in wary opposition to one another

The values envisaged by the builders of independent India need to be imbibed for sustained progress

Esther Hare, Apple’s senior director of Worldwide Developer Marketing and executive sponsor of Women at Apple, underlined the company’s commitment to helping Saudi Arabia in its digital transformation plan. In an interview with Asharq Al-Awsat, Hare stressed that Apple was proud of the launch of its first regional academy for…

A senior South African diplomat said that negotiations were underway to sign cooperation agreements with Saudi Arabia that would cover various sectors, including agriculture, industry, green economy, climate and technology. In an interview with Asharq Al-Awsat, South Africa’s ambassador to the Kingdom, Mogobo David Magabe, said that his country was…

African leaders are increasingly aspiring to “modernise” their cities. That is to make them “globally competitive” and “smart”. The hope is to strategically position cities in Africa to drive the continent’s much-needed socio-economic transformation.

ATLANTA — Competing economic agendas from Gov. Brian Kemp and his Democratic challenger, Stacey Abrams, crystallized this past week as the two rivals issued strikingly different visions of how to tap state coffers bulging with billions of dollars in surplus money.

Chinese Ambassador to Thailand Han Zhiqiang says the steady development of China's economy has injected precious positive energy into the world economy during its difficulties.

Germany’s economy minister says German businesses and public institutions should heat their offices no higher than 19 degrees Celsius (66.2 degrees Fahrenheit) this winter to help reduce the country’s consumption of natural gas

“Currently, India is the third largest economy in the world in PPP terms, with a share of 7% of global GDP after China and the U.S.,” says Michael Debabrata Patra.