China overtook the US as Germany’s largest trading partner in the first eight months of 2025, regaining the top spot as higher tariffs weighed on German exports to the United States, preliminary data from the German statistics office showed. German imports and exports with China totalled 163.4 billion euros ($190.7 billion) from January to August, […]
Read MoreBy Sadokat Jalolova The Kambarata-1 Hydropower Plant (HPP), a landmark energy project jointly developed by Kyrgyzstan, Uzbekistan, and Kazakhstan, is gaining international momentum, with strong backing from global financial institutions. Uzbek Minister of Energy Jorabek Mirzamahmudov announced that the plant’s projected construction cost stands at $4.2 billion, while pledged financing has already reached $5.6 billion. […]
Read MoreBy Sergey Kwan Kazakhstan has secured approval to begin exporting pork to China following the signing of a bilateral protocol on inspection, quarantine, and food safety standards. The agreement was formalized on October 15 in Shanghai by Kazakh Minister of Agriculture Aidarbek Saparov and Sun Meijun, Head of the General Administration of Customs of China. […]
Read MoreBY Park Chan-kyong Top Seoul officials are visiting Washington amid signs of major progress in tough trade negotiations, although analysts warn that a coerced deal could severely damage South Korea’s economy. Kim Yong-bum, policy chief of the presidential staff, and Industry Minister Kim Jung-kwan left for Washington on Thursday to join Finance Minister Koo Yun-cheol […]
Read MoreThe world has become “dangerously dependent” on the American stock market, and a correction could trigger global economic fallout far worse than the dotcom crash, former IMF chief economist Gita Gopinath has warned. In an opinion piece published in The Economist, Gopinath argues that both US and international investors have become deeply exposed to American […]
Read MoreBy Stephen M. Bland Uzbekistan is on track to be one of the five fastest-growing economies in the broader Europe and Central Asia region next year, according to the World Bank’s Europe and Central Asia Economic Update, Fall 2025. The report projects Uzbekistan’s gross domestic product will expand by about 6.2% in 2025 – well […]
Read MoreBy Resty Woro Yuniar Indonesia’s plan to join the Brics-led New Development Bank (NDB) and fulfil a payment requirement for membership has spurred a debate on whether the move is feasible given the country’s strained finances to fund President Prabowo Subianto’s priority projects. Earlier this year, Prabowo announced that Indonesia was planning to join the […]
Read MoreMalaysia will hold talks with the US secretary of commerce on sectoral tariffs, including on semiconductors, during a meeting of the ASEAN regional bloc next week, Malaysian state media reported on Wednesday, citing the trade minister. President Donald Trump’s administration in August imposed a tariff of 19% on Malaysian exports to the United States, though […]
Read MoreThe International Monetary Fund edged up its 2025 global growth forecast on Tuesday as tariff shocks and financial conditions have proven more benign than expected, but warned that a renewed US-China trade war threatened by President Donald Trump could slow output significantly. The IMF said in its World Economic Outlook that recent trade deals between […]
Read MoreBy Sergey Kwan Tourism remains a vital sector of Kyrgyzstan’s economy, contributing significantly to regional development and employment. The Issyk-Kul region continues to serve as the country’s premier tourism hub, anchored by Lake Issyk-Kul, its most popular destination for both domestic and international visitors. According to data from the Ministry of Economy and Commerce and […]
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