Economy

Global oil prices have plunged to their lowest level in four years, driven by renewed hopes for peace talks between Russia and Ukraine and mounting concerns about a worsening supply glut. Brent crude slipped below 60 dollars a barrel, while West Texas Intermediate traded near 56 dollars, as markets reacted......

Taiwan has reiterated its determination to keep the most advanced semiconductor production within its borders, rejecting mounting calls from the United States to relocate part of its top-tier manufacturing abroad. Officials in Taipei argue that maintaining chip production domestically is essential to......

Mexico’s Congress has approved a sweeping package of tariff increases on imports from several Asian countries, marking a major shift in the country’s trade policy aimed at both protecting domestic producers and strengthening relations with the United States. Under the new legislation, import......

Billionaire hedge fund manager Chris Rokos has undertaken a major shift in his artificial intelligence investment strategy, signaling a decisive move toward chip manufacturing and away from software. Recent regulatory filings reveal that Rokos Capital dramatically increased its holdings in Nvidia while......

Global stock markets drifted lower on Wednesday as investors waited for the Federal Reserve’s final interest rate decision of the year, while silver prices reached unprecedented highs and the Japanese yen weakened sharply. Global markets restrained before Fed move Equities across Europe and Asia......

The United Arab Emirates is accelerating its shift toward a technology-powered future, betting heavily on artificial intelligence as it prepares for a world less dependent on oil revenues. In the desert outskirts of Abu Dhabi, construction is underway on a massive AI campus planned to become one of the......

Renault is exploring the possibility of establishing an electric vehicle production plant in Morocco, with the upcoming Nador West Med port being evaluated as a potential location. The port, slated to open in 2026, has recently been confirmed on schedule by Morocco's Minister of Equipment, Nizar......

China’s trade surplus has exceeded one trillion dollars for the first time, demonstrating the country’s resilience in global commerce despite continuous tariff pressure from the United States. According to data released by the General Administration of Customs, the surplus reached 1.08 trillion......

China recorded a historic trade surplus in 2025, surpassing one trillion dollars for the first time, according to official customs data released on Monday. From January to November, the country accumulated a surplus of 1.08 trillion dollars, driven by resilient exports to markets outside the United States. Analysts......

Morocco ranked as Turkey’s third-largest Arab customer during the first ten months of 2025, according to official data released by Türkiye’s Statistical Institute (TURKSTAT). Between January and October, Moroccan imports of Turkish goods reached an estimated 3.63 billion USD, or 36.3......

Moroccan customs authorities have uncovered a vast network of shell companies accused of orchestrating large-scale customs fraud through suspicious import operations. Regional customs control teams in Casablanca, Tangier and Agadir, acting on instructions from the central administration, launched an......

China’s property market faces fresh doubts as state-backed developer China Vanke seeks bondholder approval to delay repayment on a 2 billion yuan ($282.6 million) onshore bond due December 15. This request marks the first public extension for Vanke, a household name with projects across China’s......

China’s industrial profits fell by 5.5 percent in October compared to the same month last year, marking a significant reversal after two months of strong growth. The drop highlights the persistent economic challenges faced by the country’s industrial sector, despite eased trade tensions with......