Fri, 27 Jan 2023

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In hopeful sign, US mortgage rates at lowest level since September

WASHINGTON D.C.: Data from the Mortgage Bankers Association released this week showed that the average interest rate on leading US ...


China's Belt and Road Initiative has negative impacts on partner countries: Report

Beijing [China], January 27 (ANI): China's Belt and Road Initiative (BRI) has a number of negative impacts on its partner ...


US economy expands 2.9 per cent in December quarter

Washington [US], January 27 (ANI): Real gross domestic product (GDP) increased at an annual rate of 2.9 per cent in ...


Pak govt increases development funds for lawmakers by 30 pc amid economic slump

Islamabad [Pakistan], January 27 (ANI): Despite facing severe foreign exchange shortage and being under economic crisis, the government of Pakistan ...


US Economy Showed Solid Growth at End of 2022

Washington - The U.S. economy cooled only slightly at the end of last year, advancing at an annualized 2.9% rate, ...


China's economic slowdown can generate ripple effects across world: Report

Beijing [China], January 26 (ANI): According to China's National Bureau of Statistics (NBS), the annual GDP growth of the country ...


US dollar gains strength as Chinese Yuan depreciates amid its shrinking economy

Beijing [China], January 26 (ANI): The attempts by Beijing to dethrone the US dollar as the global currency and replace ...


USFL adds Canton, Detroit as 2023 game sites

USFL games are coming to Canton, Ohio, and Detroit in 2023. After hosting all 40 regular season games at Birmingham's ...


The world has no faith in COVID figures released by China: Report

Beijing [China], January 26 (ANI): There is great skepticism about the COVID data released by China and the World Health ...


11 crore rural households in India now have access to tap water connections

New Delhi [India], January 26 (ANI): As India celebrates its 74th Republic Day, over 11 crore rural households of the ...


Former FBI Official Pleads Not Guilty to Latest Criminal Charges

washington - Retired top FBI official Charles McGonigal pleaded not guilty in federal court in Washington on Wednesday to criminal ...


International Business

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South Korean exports fall 2.7% in first 20 days in January

SEOUL, South Korea: Korea Customs Service data released this week showed that South Korean exports for the first 20 days ...

Ireland had highest EU budget surplus in third quarter 2022

DUBLIN, Ireland: Ireland reported a higher budget surplus than any other country among the 27-member European Union for the third ...

As yearly output declines, experts say US manufacturing in recession

WASHINGTON D.C.: Based on a range of measurements, US manufacturing could have entered a recession in the fourth quarter of ...

US Wolfspeed to build $2.17 billion chip factory in Germany

FRANKFURT, Germany: German media has reported that American power chipmaker Wolfspeed Inc is planning to build a factory in Germany, ...

Japan employers agree with prime minister to raise wages

TOKYO, Japan: More than half of major Japanese companies are planning to raise wages this year, after Prime Minister Fumio ...

Taiwan Q4 GDP plunges to lowest in 13 years

TAIPEI, Taiwan: Highlighting its worst performance in 13 years, Taiwan's trade-dependent economy contracted in the fourth quarter, affected by declining ...

World

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US moving towards offering annual Covid vaccines to most Americans

WASHINGTON D.C.: As part of its efforts to simplify the national COVID-19 vaccine strategy, the US Food and Drug Administration ...

Small Irish army has no spare arms for Ukraine: Micheal Martin

DUBLIN, Ireland: Tanaiste Micheal Martin has said that Ireland cannot send arms to Ukraine because of the small size of ...

Hawaii mourns death of last island princess

HONOLULU, Hawaii: The casket bearing Abigail Kinoiki Kekaulike Kawananakoa, long considered the last Hawaiian princess, has gone on public viewing ...

Report sees $1.36 billion in spending during Thai Lunar New Year

BANGKOK, Thailand: Consumer spending in Thailand over the ongoing Lunar New Year period could increase 13.6 percent to $1.36 billion, ...

Petitions seek to save Tokyo baseball stadium Babe Ruth played at

TOKYO, Japan: Thousands of baseball fans have signed a petition to save the iconic Meiji Jingu Stadium in Tokyo, which ...

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Construction

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Officials cautious as lower mortgage rates increases home buying

WASHINGTON D.C.: In December 2022, US existing home sales declined to a 12-year low, but lower mortgage rates raised cautious ...


Bank of Canada hikes policy interest rate by 25 basis points

© Provided by Xinhua Inflation is projected to come down significantly this year. Lower energy prices, improvements in global supply ...


UK house prices forecast to slump

Average home prices could fall by up to 10% this year, Lloyds Bank predictsBritish house prices, which have been on ...


Construction industry contributed $186.8 bn to Arab GDPs in 2021

ABU DHABI, 28th December 2022 (WAM) - The Arab Monetary Fund (AMF) said that the Arab construction sector has recovered ...


'Big 5' to explore future-proofing of construction industry

DUBAI, 4th December, 2022 (WAM) -- The 43rd edition of the Big 5, the largest and most influential construction event ...


The BIG 5 2022 to set global construction industry on dynamic transformative trajectory

DUBAI, 29th November, 2022 (WAM) - As Dubai gears up to host the 43rd edition of the Big 5 - ...


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Hyatt Regency New Orleans

Expectations were high for this top of the line Hyatt product in "The Big Easy". The taxi rolled up to the rear of the ...

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