Browsing: Business

Gold prices recovered from a two-week low after a 3% selloff linked to rising oil, inflation pressure and stronger rate hike bets.

Brent crude climbed above $79 while WTI passed $74 as fresh US-Iran attacks coincided with reduced shipping through the Strait of Hormuz.

Burjeel Holdings lists its debut $500 million sukuk in London after a $1.6 billion orderbook, marking its first public debt market issue.

China’s temporary helium export ban took effect immediately, covering customs code 2804290010 with no expiry date announced on July 10.

Apple said the Broadcom agreement will support hundreds of U.S. jobs and more than 15 billion chips made in America across U.S. supply chains.

ILO says generative AI could affect nearly 80 million ASEAN workers, with exposure broad but major job disruption not yet evident.

ADB lowered its 2026 growth forecast for Asia Pacific economies as energy disruption raises costs across the region.

China’s foreign exchange reserves fell 0.75% in June to $3.4163 trillion as dollar strength and asset price shifts weighed on valuations.

Africa FDI reached $70 billion in 2025, ranking third-highest since 1990 while staying above the continent’s long-term average investment level.

Developing Asia drew $644 billion in FDI in 2025, keeping its lead among developing regions as South-East Asia topped subregional inflows.