The Spectator

Category : Business

Business

Japan factory output drops 2.1 percent in February

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TOKYO: Japan’s industrial output fell 2.1% in February from the previous month, official preliminary data showed on Tuesday, as weaker production in autos, fabricated metals and electronic parts reversed some of January’s strength. The decline matched economists’...
Business

China medical equipment market hits 1.44 trillion yuan

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CHONGQING: China’s medical equipment market expanded 60.5% between 2021 and 2025, reaching 1.44 trillion yuan ($208 billion) last year, according to data released at the 2026 China Medical Equipment Conference in Chongqing. The figures also showed medical...
Business

South Korea central bank hits record annual profit

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SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains on foreign-currency assets and stronger securities prices lifted results. The...
Business

Botswana downgrade adds pressure to diamond economy

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GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term rating to A-3 from A-2, while keeping a negative outlook....
Business

South Korea starts 2026 with 11.3 trillion won surplus

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SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax leading the increase in receipts. Finance ministry data showed tax...
Business

Apple opens Bengaluru education hub for India suppliers

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Apple launched an Education Hub in Bengaluru to train supplier employees in India, adding courses in digital literacy, Swift coding, robotics and automation....
Business

India forex reserves hit record $728.49bn on RBI data

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MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a...
Business

China pledges tech support, trade balance and market reforms

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BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference on the sidelines of the annual National People’s Congress. The...
Business

India and Canada reset ties with trade and uranium deal

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NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during Carney’s official visit to India from Feb. 27 to March...