Turkey, which was last month buffeted by its worst currency crisis in recent years, on Thursday forecast sharply lower growth coupled with persistently high inflation in its new medium-term economic programme.
Full Story
Norway raised its key interest rate for the first time in seven years on Thursday, as its economy recovers from years of weak oil prices and the ramifications of the 2008 financial crisis.
The central bank raised its key rate by 0.25 points to 0.75 percent, and said a second hike was due again soon.
Full Story
Bitcoin and other digital currency worth around 6.7 billion yen ($60 million) has been stolen in Japan following a hacking attack, a virtual exchange operator said on Thursday.
Full Story
Cyprus and Egypt on Wednesday signed an agreement paving the way for the Mediterranean’s first subsea pipeline to carry Cypriot natural gas to the Arab country for re-export to Europe.
"Today’s signing is an important milestone, not only for Cyprus but also the entire eastern Mediterranean region," said Energy Minister George Lakkotrypis after he signed alongside visiting Egyptian Oil Minister Tarek el-Molla.
Full Story
Qatar Airways suffered a $69 million loss this fiscal year, an over $800 million swing from the year before that the long-haul carrier blamed on the ongoing boycott of Doha by four Arab nations.
The loss by the flagship carrier shows the challenges still facing Qatar, a small, energy-rich nation that juts out like a thumb on the Arabian Peninsula. However, the airline struck a defiant tone while releasing its results for the fiscal year that ended March 31.
Full Story
The central bank of war-torn Yemen has raised interest rates on deposits to an all-time high of 27 percent in a bid to stabilise the plunging riyal that caused food prices to soar.
Full Story
Asian markets rose Wednesday as new tit-for-tat tariffs by China and the United States were seen as lighter than feared, while there are hopes the two sides will eventually avert a damaging trade war.
Full Story
The United States ranks near the bottom of the list of countries with the best commitment to global development, while France dropped several places, a report released Tuesday found.
Full Story
Asian markets mostly rose Tuesday after Donald Trump said he would thump China with another round of tariffs but give some room for talks before jacking them up to the highest rate.
Full Story
Saudi Arabia on Monday announced it has signed off on a $1 billion investment in U.S. carmaker Lucid Motors with the aim of helping the Tesla rival roll out electric cars.
Full Story


