Browsing: Business

Samsung led global semiconductor investment in 2025 with US$59.2 billion in capex and R&D, topping TSMC, Intel and SK Hynix worldwide.

South Korea GDP rose 1.8% in Q1 2026, revised above the first estimate as exports, investment and spending supported overall growth.

Egypt’s economy grew 5.2% from July 2025 to March 2026, with GDP gains and higher reserves shaping the latest fiscal update.

South Korea cosmetics exports reached US$5.6 billion in five months, making Korean beauty products the top consumer export category.

Dollar heads for a weekly gain as the yen nears 160 per dollar, with Japan intervention data and rate gaps in global market focus.

Investor interest in UAE property led surveyed markets, supported by return potential, stability and ownership access in the index.

AD Ports Group agreed to acquire Brazil’s CLI in an AED 3.1bn deal covering agri bulk terminals at Santos and Itaqui, pending approvals.

South Korea reported 3.1 percent May inflation as petroleum products surged and transport prices recorded the sharpest category rise.

Tokyo stocks ended mixed as the Nikkei hit a record close on tech gains while the Topix fell, showing narrow market leadership.

China manufacturing PMI returned to 50.0 in May as weaker orders offset expansion in output, high-tech and equipment manufacturing.