Asia markets advance as odds for another Fed rate cut grow
Asian markets got a boost on Tuesday after several Federal Reserve officials made comments that sounded a lot more dovish, raising hopes that another...
IFBC Signs Strategic MoU with Business France
The Iraqi-French Business Council (IFBC) has signed a new Memorandum of Understanding with Business France to boost economic cooperation and open more investment doors...
RT Bank opens Basra branch to expand in southern Iraq
Region Trade Bank Opens New Branch in BasraRegion Trade Bank has opened a new Commercial Region Bank branch in Basra, continuing its plan to...
OPEC+ mulls oil production increase in shadow of war
Energy markets are watching closely as major oil producers prepare for a key decision that could influence global prices. Analysts expect leading members of...
Germany business morale falls as hopes for revival dim
Frankfurt – A new survey released Monday shows that business confidence in Germany dropped more than expected in November, adding to concerns that companies...
Asian equities plunge as oil soars 30% on Mideast crisis
Asian Stocks Tumble as Oil Soars on Middle East ConflictAsian markets took a big hit on Monday as oil prices shot up nearly 30%...
Trump vows economic boom, blames Biden in address to nation
President Donald Trump went on national television Wednesday night with a clear message: the economy is about to boom — and Joe Biden is...
Stocks extend gains and oil dips as US, Israel, Iran continue...
Asian markets mostly rose Wednesday while oil prices dipped, following another tech-led rally on Wall Street. The gains come amid ongoing conflict in the...
Three charged with sneaking Nvidia AI chips from US into China
US prosecutors have unsealed an indictment revealing a $2.5 billion AI chip smuggling scheme involving employees of Super Micro Computer, targeting Nvidia GPUs destined...
Asian stocks in retreat as traders eye Fed decision, tech earnings
Asian markets fell on Wednesday as investors waited for a major policy announcement from the U.S. Federal Reserve. The downturn followed a soft trading...
Weakened WTO set for high-level meet under cloud of Mideast war
The World Trade Organization (WTO) is convening its next ministerial conference in Yaounde, Cameroon, from March 26–29, amid mounting global trade tensions, US tariffs,...
Stocks stutter with focus on Fed, tech after US reopen vote
Hong Kong – Asian stock markets were mostly flat on Thursday as excitement over the end of the record 43-day U.S. government shutdown faded,...
Iraqi News
JICA in Talks with Iraq on Solar Projects
Iraq’s Ministry of Electricity has held talks with the Japan International Cooperation about developing solar energy projects and expanding the use of clean energy...
Iraq-China Investment and Trade Talks
A delegation of Chinese companies working in investment, banking and trade has met with Iraq’s Minister of Trade to discuss possible partnerships and ways...
Gold falls 1.8% as expectations of a US interest rate hike rise
Gold prices fell by more than 1% on Thursday, extending their losses for a third straight session as stronger-than-expected US inflation data increased expectations...
Oil falls by more than a dollar a barrel, Brent drops to $104
Oil prices fell by more than $1 a barrel in early trading on Thursday as investors weighed the risks to global supplies and possible...
IMF warns of severe economic risks across Middle East
The International Monetary Fund has warned that a prolonged Middle East war and further disruptions to energy production, shipping routes and critical infrastructure pose...