General

China, Australia Agree to Expand Bilateral Trade

Beijing: China expressed its readiness to work with Australia to expand and upgrade bilateral trade, support companies from both countries in establishing cooperation based on market principles, and promote mutual benefit and win-win results. This ann…

Euro Zone Growth Slows to Nine-Month Low

Brussels: Private sector growth in the euro zone slowed sharply in March, as the war in West Asia drove up energy costs and disrupted supply chains, while overall demand – a key indicator of the economy’s health, fell for the first time in eight month…

Japan Approves Record $767 Billion Budget Amid Economic Concerns

Japan: Japan’s parliament has approved a record JPY 122.31 trillion ($767 billion) budget for the fiscal year ending in March. This marks the first time in 11 years that the annual spending plan was not enacted before the April 1 start of the fiscal y…