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...
Asian markets track Wall St lower as AI fears mount
Asian stock markets fell on Thursday, following another rough day on Wall Street, as investors continue to worry about the tech sector — especially...
Nvidia boss insists ‘huge’ investment in OpenAI on track
Nvidia CEO Jensen Huang has firmly denied reports that his company is backing away from OpenAI, calling those claims “nonsense.”
Speaking late Saturday in Taipei,...
Asian markets tumble as tech bubble fears grow
Hong Kong — Tech stocks led a broad sell-off across Asian markets on Wednesday, as mounting fears of an AI bubble sparked panic among...
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...
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,...
Precious metals fall again, Asian stocks swing as traders wind down
Hong Kong – Traders took it easy Tuesday as the year comes to a close, with precious metals giving back some of their recent...
RT Bank opens Basra branch to expand in southern Iraq
Region Trade Bank Opens New Branch in Basra
Region Trade Bank has opened a new Commercial Region Bank branch in Basra, continuing its plan to...
Asian markets bounce back as China-US trade fears ease
Hong Kong — Asian stocks jumped on Monday after Donald Trump struck a more conciliatory tone toward China over the weekend, easing fears of...
Iraq’s Civil Defense acquires IVECO Eurocargo firefighting trucks
IVECO and MTT Deliver 20 Eurocargo Firefighting Trucks to Iraq’s Civil Defense Directorate
Baghdad — IVECO and its local distributor Machine Technology Trading Co. (MTT)...
ExxonMobil slows low-carbon investment push through 2030
ExxonMobil announced that it is scaling back its planned investments in low-carbon projects for the 2025–2030 period. The company now expects to spend around...
Hybrid cars top choice for consumers in Europe in 2025: data
Hybrid Cars Take the Lead in Europe as Petrol Loses Ground
Hybrid-electric cars have officially taken the top spot in Europe, beating petrol-powered vehicles for...
Iraqi News
Egypt, Iraq Facilitate Cross-Border Road Transport
Iraq’s Ministry of Transport has announced new measures with Egypt to make road transport of passengers and goods between the two countries easier.
The decisions...
The dollar’s exchange rate against the dinar fell in Baghdad and Erbil on Monday...
On Monday morning, the US dollar fell against the Iraqi dinar in both Baghdad and Erbil markets.
In Baghdad, the selling price was 149,500 dinars...
The IMF predicts a decline in global inflation during 2026.
The IMF Managing Director, Kristalina Georgieva, said on Monday that global inflation is expected to fall to 3.8% in 2026 and drop further to...
Oil Ministry Reviews Progress at Gas Growth Integrated Project (GGIP)
The Ministry of Oil has reviewed progress on the Gas Growth Integrated Project (GGIP) during a site visit to the Artawi (Ratawi) oilfield in...
Al-Zawraa signs Contract for New Hybrid Solar Power Plant
Al-Zawraa General Company, which operates under Iraq’s Ministry of Industry and Minerals, has signed a new contract to build and run a hybrid solar...