News
S. Korea's inflation hits 30-month high on soaring fuel prices
3+ hour, 29+ min ago (212+ words) South Korea's consumer inflation accelerated to a 30-month high in June as rising fuel costs linked to the Middle East conflict continued to push up prices, government data showed Thursday, Qazinform News Agency cites Yonhap. Consumer prices rose 3. 2 percent from…...
Japan to target stable nominal GDP growth of over 3%
1+ day, 22+ hour ago (190+ words) The Japanese government will aim to consistently achieve economic growth of more than 3 pct in nominal gross domestic product and more than 1 pct in real GDP at an early date, according to a draft of its Basic Policy on Economic…...
Gold extends gains for fifth session
2+ week, 1+ day ago (117+ words) Qazinform Gold extends gains for fifth session Gold rose for a fifth consecutive session on Wednesday, WAM reports. Spot gold was up 0. 3 percent at $4, 341. 12 per ounce, as of "0230 GMT, trading near a one-week high hit on Monday. US gold futures…...
Gold rebounds from six-month low
3+ week, 5+ hour ago (124+ words) Gold prices rebounded from a six-month low on Thursday, WAM reports." Spot gold rose 0. 4 percent to 4, 089. 12 US dollars per ounce by 02: 15 GMT, after hitting its lowest since 21st November at 4, 022. 09 US dollars earlier in the day. US gold futures for August…...
Astana hosts discussions on advancing industrial cooperation with Saudi Arabia
2+ week, 6+ day ago (221+ words) The Minister of Foreign Affairs of the Republic of Kazakhstan, Yermek Kosherbayev, met with the Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia, Bandar Al-Khorayef, Qazinform News Agency reports, citing the MFA press service. During the…...
Korean cosmetics exports exceed $5. 6bn in 5 M2025
3+ week, 3+ day ago (220+ words) South Korea's outbound shipments of cosmetics jumped sharply from a year earlier in the first five months of the year, making beauty products the country's top consumer export item, government data showed Sunday, Yonhap reported. Combined outbound shipments of Korean…...
Japan's economy grows 1. 8% in Q1, revised down
3+ week, 3+ day ago (128+ words) Japan's economy grew at an annualized 1. 8% this January'March, revised down from the preliminary 2. 1% estimate as capital investment weakened, Qazinform News Agency cites Kyodo. Government data showed Monday, real GDP, adjusted for inflation, rose 0. 45% from the previous quarter, slightly lower than…...
President tasks National Bank with curbing inflation, ensuring financial stability
4+ week, 17+ min ago (345+ words) Qazinform President tasks National Bank with curbing inflation, ensuring financial stability On June 4, Kazakh President Kassym-Jomart Tokayev was briefed on the National Bank's 2025 performance and 2026 plans, Qazinform News Agency reports, citing the Akorda press service. National Bank Governor Timur Suleimenov…...
OECD warns prolonged Middle East conflict could push economies into recession
4+ week, 5+ hour ago (584+ words) The conflict in the Middle East and disruptions in the Strait of Hormuz have already slowed global growth and fuelled inflation, according to the latest OECD Economic Outlook, Qazinform News Agency reports. Economists at the Organisation for Economic Co-operation and…...
T'rkiye's economy grows 2. 5% in Q1 2026
1+ mon, 11+ hour ago (261+ words) T'rkiye's economy expanded 2. 5% year-on-year in the first quarter of 2026, official data showed Monday, Anadolu reported. Gross domestic product (GDP), measured by the chain-linked volume index, grew 2. 5% in the January-March period compared with the same quarter a year earlier, according to…...