Japan’s Nov exports drop 0.9%, with 2.5% in auto and 3.5% in electronics. Manufacturers predict 6.0% Dec rise but fear 7.2% Jan decline, hinting at uncertainty. Global downturn, rising prices, and Toyota’s Daihatsu halt pose challenges; Nov retail sales up 5.3%, a positive. Japan, known for its export-driven economy, is grappling with a setback as … Read more
TOKYO: Japan’s industrial production surged a record 7.2 per cent in November compared to the previous month, with auto output rebounding from a decline triggered by a global semiconductor shortage and supply chain disruptions, government data revealed on Tuesday. The seasonally adjusted production index for factories and mines stood at 97.7 against the 2015 base … Read more
Saudi Arabia and the UAE on Thursday signed a raft of agreements which included a deal to issue joint visit visas for residents of both countries in a bid to boost tourism. According to the UAE’s official news agency WAM, the accord, among six initiatives highlighted during Crown Prince Mohammed bin Salman’s visit to the … Read more
