Sunday, June 29, 2025

economy

Iraq Signs $2 Billion Deal with China’s Shang Chen Steel to Build Industrial City in Basra

Iraq has signed a landmark $2 billion agreement with China’s Shang Chen Steel Co. Ltd. to construct a major industrial city in the southern...

Taiwan Considers 10% Electricity Rate Hike for Households to Offset Taipower Losses

Electricity prices in Taiwan could see a significant increase as the state-run Taiwan Power Company (Taipower) prepares to propose rate adjustments aimed at reducing...

China Unveils Comprehensive Plan to Boost Consumption and Economic Growth

China announced a major policy initiative, aiming to stimulate consumer spending and drive economic growth through enhanced household incomes, strengthened markets, and targeted social...

Japan Aims to Triple Tourist Food Spending to ¥4.5 Trillion by 2030

An advisory panel to Japan's agriculture ministry has recommended setting an ambitious target of tripling tourists' food consumption to ¥4.5 trillion by 2030. The...

Taiwan’s Central Bank Highlights External Factors Impacting TSMC and Stock Market Outlook

Taiwan's Central Bank stated Thursday that several external factors—including U.S. policies under President Donald Trump, geopolitical developments, and advancements in artificial intelligence—will significantly influence...

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