Economy
His Majesty King Mohammed VI presided over a recent meeting where the palace confirmed the Nador West Med port remains on track for service in the fourth quarter of 2026. Morocco has indefinitely frozen its ambitious plan to build a liquefied natural gas import hub at the Nador West Med port on its Mediterranean......
Asian stock markets surged Tuesday as investors welcomed two key developments boosting economic outlooks: Australia's central bank raising interest rates for the first time in two years and a fresh US-India trade agreement. Japan's Nikkei 225 jumped over 3%, hitting record highs. South Korea's......
Apple's stock climbed about 3% on Monday, reaching around $267 during mid-session trading. This uptick came as Wall Street analysts lifted their price targets following the tech giant's stellar first-quarter fiscal results. The optimism builds on the January 29 earnings release, which reported......
Turkish President Recep Tayyip Erdoğan has appointed two new deputy governors to the Central Bank of the Republic of Turkey, according to an announcement published in the Official Gazette on Tuesday. The appointments include Fatma Özkul, who previously served as a member of the bank's monetary......
Inflation in the United States has experienced significant fluctuations over the past century, reflecting broader economic trends, crises, and policy decisions. The consumer price index (CPI), the primary measure of price changes, tracks how much more consumers pay annually for a consistent basket of......
Stock markets worldwide tumbled sharply on Monday as investors grappled with President Donald Trump's nomination of Kevin Warsh as Federal Reserve chair, sparking broad sell-offs in equities, precious metals, and cryptocurrencies. The Friday announcement prompted traders to reassess U.S. monetary......
The Tanger Med port complex continued its strong growth momentum in 2025, surpassing the symbolic threshold of 11 million containers handled, according to figures released by the Tanger Med Port Authority. The port’s four container terminals processed a total of 11.1 million TEUs in 2025, representing......
Copper prices tumbled sharply on Monday for the second straight session, swept up in a widespread sell-off of commodities that rattled markets from South Africa to London and hammered mining stocks worldwide. The red metal slid toward $5.70 per pound in U.S. trading, extending Friday's steep losses......
A recent global ranking places Switzerland at the forefront of financial secrecy, highlighting its robust legal and banking frameworks that shield private wealth from foreign tax authorities and judicial oversight. The Financial Secrecy Index assesses jurisdictions based on factors such as limited financial......
Aviation industry leaders gathered at the Changi Aviation Summit in Singapore raised alarms over persistent supply chain disruptions and escalating geopolitical tensions that threaten the sector's ability to meet surging global demand. Speaking ahead of Asia's largest airshow, Willie Walsh, director......
Japan announced Monday it has successfully retrieved sediment rich in rare earth elements from 6,000 meters under the Pacific Ocean, achieving the world's first extraction of these strategic minerals at such extreme depths. The breakthrough comes as Tokyo aims to cut heavy reliance on Chinese imports......
Elon Musk has sounded the alarm on China's explosive energy expansion, predicting the country's electricity generation will triple that of the United States within two years, driven by unprecedented solar development. "China's electricity production continues to grow at a staggering......
China holds the top position among nations with the largest foreign exchange reserves, according to recent data from global financial rankings. The country boasts reserves exceeding $3 trillion, a figure that significantly outpaces its closest competitors and underscores its economic dominance on the......
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