Business and Economy

Tough COVID restrictions pulled the Southeast Asian economy into its first recession in 30 years in the second quarter.

‘There’s nothing more important to the economy than people getting vaccinated,” Powell said on Wednesday.

Retail day traders have become one of the most powerful, if improbable, forces in the stock market today.

GameStop shares rose 140% in early Wall St trading Wednesday, having surged more than threefold in...

Iran’s government encouraged people to jump into a red-hot market last year. Then the bubble burst.

Boeing Co posted a record $12bn annual loss on Wednesday.

Analysts estimate Houthi rebels diverted at least $1.8bn in 2019 allocated for citizens’ basic services and salaries.

Construction projects in Anbar province have created jobs at a time when Iraq suffers from a severe economic downturn.

After sinking 3.5% in 2020, the global economy will grow 5.5% this year, the International Monetary Fund forecasted.

Yasir Al-Rumayyan, the governor of Saudi Arabia’s Public Investment Fund, made the announcement during a media briefing.

With Signal shut down, WhatsApp and Instagram remain the only two unblocked major social media platforms.

Kingdom’s highly anticipated Future Investment Initiative to go online amid ongoing pandemic.

Yellen, among the first of Biden’s picks to be confirmed, is the first woman to hold the job of overseeing the economy.

Women’s needs are often being put last in pandemic response strategies, women leaders told virtual WEF meeting.