Browsing: Business

ADB launched a $25 million trust fund to speed ASEAN power grid projects, backing cross-border energy links, grid upgrades and regional electricity trade.

South Korea posted a record $23.19 billion current account surplus in February as chip and tech exports drove the country’s biggest monthly balance.

Shenzhen Port handled 8.5227 million foreign-trade TEUs in Q1 2026, up 7.81%, as the Chinese shipping hub expanded to 281 global routes.

Türkiye raised electricity and natural gas prices by up to 25% from April 4, while BOTAŞ introduced new household gas billing tiers across provinces.

The UAE entered the world’s top 10 goods exporters in 2025 after merchandise exports reached $707 billion and total trade rose to $1.637 trillion.

Turkey’s annual inflation slowed to 30.87% in March as monthly price growth eased, official data showed, offering fresh evidence of cooling consumer prices.

First quarter food exports from South Korea reached $2.56 billion, with higher shipments of ramyeon, snacks, beverages and fruit driving growth.

Vietnam’s exports rose 19.1% in the first quarter of 2026 to $122.93 billion, led by electronics and machinery, while imports rose faster and widened the trade gap.

China’s central bank added 12 banks to the digital yuan network, raising the number of authorized operators to 22 and widening access to e-CNY services.

South Korea’s foreign exchange reserves fell to $423.66 billion in March as a stronger U.S. dollar and FX swaps with the pension fund reduced reserve assets.