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May 27, 2025

ASEAN, GCC Push to Boost Economic Ties

Kuala Lumpur: The Association of Southeast Asian Nations (ASEAN) and Gulf Cooperation Council (GCC) agreed on Tuesday to boost bilateral ties during their 2nd summit, hosted in Malaysia’s capital Kuala Lumpur.

According to Anadolu Agency, GCC leader…

Xiaomi Sees Record High Profit of $1.5B in 1st Quarter

Beijing: Chinese tech company Xiaomi’s adjusted net profit reached 10.7 billion yen ($1.49 billion) in the first quarter of 2025, up 64.5% year-on-year, according to the firm’s financial statement on Tuesday.

According to Anadolu Agency, Xiaomi’s re…

German Consumer Sentiment Projected to Improve Slightly in June

Berlin: Consumer sentiment in Germany is projected to see a modest improvement in June, though overall confidence remains low amid ongoing global and domestic economic uncertainty, market research firm GfK said Tuesday. GfK forecast Germany’s consumer…