Economy



Morocco and Indonesia expand halal trade recognition framework

Morocco and Indonesia have formalized a bilateral agreement to mutually recognize halal certification systems, a move designed to ease trade flows and expand access for Moroccan exporters to one of the world’s largest halal consumer markets. The agreement focuses on aligning certification standards......

China confirms Boeing aircraft purchase and urges United States to honor tariff truce commitments

China officially confirmed Wednesday that it will purchase 200 Boeing aircraft and reopen its market to American beef, following last week's summit in Beijing between President Donald Trump and Chinese President Xi Jinping. The announcements represent a series of trade agreements emerging from the......

Three supertankers move six million barrels through Hormuz

Three supertankers have carried around six million barrels of crude oil through the Strait of Hormuz in a single day, marking the largest recorded movement of oil cargo since the outbreak of the conflict involving the United States, Israel, and Iran in February 2026. The shipment was bound for Asian......

Qatar says Strait of Hormuz remains closed to normal shipping traffic

Qatar’s foreign ministry has stated that maritime traffic through the Strait of Hormuz has not returned to normal levels, rejecting suggestions that the strategic waterway is reopening. The announcement highlights continued disruption in one of the world’s most critical energy corridors,......

Oil market faces panic risk if Hormuz closure extends into June

HFI Research warned that global oil markets could enter a period of “real panic” if the Strait of Hormuz remains closed into the first week of June, as crude inventories continue falling toward critical operational levels and countries accelerate emergency stockpiling efforts. The firm said......

China defends rare earth export controls and signals cooperation with the United States

The government of China has reaffirmed that its export controls on rare earth minerals are legal and in line with national regulations, while also expressing willingness to cooperate with the United States on what it described as “reasonable concerns.” The statement was issued by China’s......

China’s top flash-memory chipmaker YMTC begins pre-IPO coaching talks with investment bank

China’s leading flash-memory manufacturer, Yangtze Memory Technologies Co. (YMTC), has reportedly started preliminary advisory discussions as part of preparations for a potential initial public offering (IPO). According to information submitted to China’s financial regulators, the company......

Asia climate resilience funding lags 200 billion annual gap

Environ 100 billion dollars have been deployed across Asia for climate resilience efforts over the past five years, yet the region continues to face a large annual financing gap of around 200 billion dollars. A new assessment released Monday shows that current investment levels fall far short of what......

Central banks to increase gold buying to 60 tons monthly in 2026

Global central banks are expected to significantly expand their gold purchases throughout 2026, reinforcing a long-term shift in reserve management strategies. A new outlook from Goldman Sachs projects average monthly acquisitions of around 60 tons, even as gold prices have recently retreated from record......

Australia orders China-linked investors to sell stakes in rare earths company

The Australian government has ordered a group of investors linked to China to divest their shares in rare earths producer Northern Minerals, citing national security concerns over foreign influence in a strategically important sector. Authorities in Canberra said the decision aims to protect Australia’s......

China retail sales stall in April as economic momentum weakens

China’s economy lost significant momentum in April as consumer spending nearly stalled and major industrial indicators missed expectations, reinforcing concerns over weakening domestic demand and rising economic pressure. Official data released Monday showed retail sales rose just 0.2% year on......

Chinese officials meet Citigroup and Goldman sachs executives in Beijing

Chinese officials held high-level meetings in Beijing with leading American financial executives as both countries continue efforts to strengthen economic dialogue despite ongoing geopolitical tensions. According to reports from state-backed media, senior Chinese authorities, including officials from......

Oil surge rattles markets as inflation fears intensify

Global equity markets fell on Friday as a sharp rise in oil prices and higher bond yields reignited concerns that central banks may be forced to tighten monetary policy again. Investors reversed recent optimism over potential interest rate cuts, shifting toward expectations of prolonged monetary pressure......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.