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Burundi, China sign agreement on modernizing Burundis main airport

Burundi, China sign agreement on modernizing Burundi's main airport

2022-02-28 10:10

BUJUMBURA, Feb. 28 (Xinhua) -- Burundi and China on Saturday signed an agreement on expanding and modernizing Melchior Ndadaye International Airport, Burundis main airport in Bujumbura, the capital. The agreement was signed at the Burundian foreign m

Economic Watch: Russia-Ukraine conflict shakes European markets, energy prices hit new highs

Economic Watch: Russia-Ukraine conflict shakes European markets, energy prices hit new

2022-02-25 13:48

A flare-up of the conflict battered major European markets on Thursday, bringing the stocks down to new lows.

Singapores manufacturing output growth drops to 2 pct in January

Singapore's manufacturing output growth drops to 2 pct in January

2022-02-25 13:23

The Singapore Economic Development Board said on Friday that the country's manufacturing output increased 2 percent year-on-year in January 2022.

6.2-magnitude quake strikes off western Indonesia

6.2-magnitude quake strikes off western Indonesia

2022-02-25 10:19

JAKARTA, Feb. 25 (Xinhua) -- A 6.2-magnitude earthquake rocked Indonesias western province of West Sumatra on Friday, but with no potential to trigger a tsunami, the meteorology, climatology and geophysics agency said. The quake jolted at 8:39 a.m. J

High prices boost demand for tiny houses in Turkey

High prices boost demand for tiny houses in Turkey

2022-02-25 10:17

ISTANBUL, Feb. 25 (Xinhua) -- Increasing housing prices and the search for more affordable and nature-friendly dwellings in the great outdoors amid the COVID-19 pandemic have boosted demand for small, prefabricated, and mobile tiny houses in Turkey.

U.S. stocks rebound as investors assess Ukraine tensions

U.S. stocks rebound as investors assess Ukraine tensions

2022-02-25 08:20

U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session.

Oil prices rise amid Russia-Ukraine tensions

Oil prices rise amid Russia-Ukraine tensions

2022-02-25 07:25

Oil prices finished higher on Thursday with both the U.S. crude benchmark and Brent exceeding 100 U.S. dollars a barrel in intraday trading.

U.S. dollar jumps amid safe-haven demand

U.S. dollar jumps amid safe-haven demand

2022-02-25 04:45

The U.S. dollar appreciated in late trading on Thursday as market participants sought safe havens amid escalating tensions over Ukraine.

S.Korean banks loan delinquency ratio hits record low in December

S.Korean banks' loan delinquency ratio hits record low in December

2022-02-24 15:31

SEOUL, Feb. 24 (Xinhua) -- South Korean banks loan delinquency ratio hit a new record low in December last year as the government delayed debt repayment for microbusiness owners, financial watchdog data showed Thursday. The ratio of bank loans, overd

S.Koreas corporate financing nearly triples in January

S.Korea's corporate financing nearly triples in January

2022-02-24 14:22

SEOUL, Feb. 24 (Xinhua) -- South Koreas corporate direct financing nearly tripled in January due to a massive initial public offering (IPO) and a sharp growth in corporate bond issuance, financial watchdog data showed Thursday. Corporate direct finan

S.Koreas producer prices rise 0.9 pct in January

S.Korea's producer prices rise 0.9 pct in January

2022-02-24 13:53

The price for goods and services among South Korean suppliers kept an upward trend amid more expensive crude oil

S.Koreas central bank raises 2022 inflation outlook to 3.1 pct

S.Korea's central bank raises 2022 inflation outlook to 3.1 pct

2022-02-24 13:38

South Korea's central bank on Thursday raised its 2022 outlook for headline inflation amid higher inflationary pressure.

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