Overcapacity talk won’t affect MNCs’ commitment
EXAGGERATING the "China overcapacity" narrative will impede the advancement of high-quality production capacity globally but will not discourage multinational corporations…
Economy
Calls for collaboration to combat climate issues, say Chinese and French experts
PARIS: Chinese and French experts have underscored the critical, urgent and necessary nature of addressing climate and environmental issues. This…
China-EU green energy partnership a positive
BRUSSELS: Amid lush greenery, fragrant flowers and the gentle murmur of grazing flocks of sheep lies an endless array of…
Vietnam’s Hoi An gets first low carbon tourism certificate
HOI AN: The Field Restaurant, managed by Emic Hospitality, situated in the ancient town, has been awarded the Gold Platinum…
US weekly jobless claims unchanged; layoffs decline in April
WASHINGTON: The number of Americans filing new claims for unemployment benefits held steady at lower levels last week as the…
Indonesia’s inflation rate eases slightly in April
JAKARTA: Indonesia's annual inflation rate cooled slightly in April as pressure from some food prices eased as the harvest season…
Fed likely to signal delay in interest rate cuts
Federal Reserve (Fed) officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans…
Ringgit to maintain resilience
With expectations fading quickly that the US Federal Reserve (Fed) will execute multiple rate cuts this year, all eyes are…
South Korea export growth accelerates
South Korea’s export growth accelerated last month, in a sign the economy can sustain its momentum after a faster-than-expected expansion…