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...
AirAsia signs $19bn deal for 150 Airbus A220 jets
Southeast Asian budget airline AirAsia has signed a massive $19 billion deal to buy 150 new Airbus A220-300 jets.
The agreement was announced at Airbus...
Asian markets mixed as traders eye US data ahead of Fed...
Summary of Asian Markets & Global Outlook
Asian stocks were mixed on Monday as investors waited for key U.S. economic data that could influence the...
Mideast war revs up electric car demand in Asia
Across Southeast Asia, rising fuel prices linked to conflict in the Middle East are pushing more people to switch to electric vehicles.
In cities like...
Sony faces $2.7 bn class action from UK PlayStation users
Sony Corporation is set to face a £2 billion ($2.7 billion) class-action lawsuit in London starting Tuesday, accused of breaching competition law by overcharging...
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...
Union calls strike at S. Korea chip giant Samsung Electronics
The labor union at Samsung Electronics announced on Wednesday that it will move ahead with a major strike after negotiations with management over bonus...
Asian stocks rise as US rate hopes soothe nerves after torrid...
Asian markets opened mostly higher on Monday, finding some calm after last week’s wild swings and concerns about a tech bubble.
A big part of...
Back to black: facing energy shock, Asia turns to coal
Asian countries are turning to coal to keep the lights on and energy prices under control after the Iran war disrupted oil and gas...
‘Blindsided’: US farmers strained as fertilizer costs surge on war
Farmers across the United States are feeling the shock of rising costs after conflict in the Middle East disrupted global supply chains and pushed...
Asian equities plunge as oil soars 30% on Mideast crisis
Asian Stocks Tumble as Oil Soars on Middle East Conflict
Asian markets took a big hit on Monday as oil prices shot up nearly 30%...
French economy records zero growth in first quarter
France’s flat growth in Q1 highlights how quickly external shocks are feeding into Europe’s already fragile economy.
At the center of this is weak domestic...
Iraqi News
Iraqi oil continues its upward trend, with Brent crude surpassing $106 per barrel.
Iraqi oil prices rose on Wednesday as crude prices also increased in global markets. Gains were recorded across all major grades, including Basra Heavy,...
Two weeks to recalculate the budget… Parliamentary Finance Committee reveals the repercussions of the...
Former Parliamentary Finance Committee member Mohammed al-Shabaki said the Iraqi government will need at least two weeks to restructure the budget following the decision...
Investment Call for Mosul Airport Management
Iraq has invited international companies specializing in airport management and operations to invest in and develop Mosul International Airport.
Prime Minister Ali al-Zaidi made the...
Iraq Customs Revenue up 32% Year-on-Year
Iraq’s General Customs Authority collected IQD 442.3 billion ($293 million) in customs revenues in September 2026, up from IQD 334.2 billion ($221 million) in...
The popular movement warns of the danger of using the exchange rate option to...
Hussein al-Karawi, head of the organizing committee for the popular movement supporting the Belt and Road Initiative, has warned against using the dollar exchange...