YemenEXtra
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Economy

Strong Yen Threatens Corporates

YemenExtra SH.A. Arising yen threatens to depress annual profit growth at export-driven Japanese companies that close their books in December, adding to concerns about weak consumer spending and higher labor costs in the…

World Stocks Gain

YemenExtra Global stocks notched further gains on Monday and the dollar stayed on the back foot, as investors bet the new head of the US Federal Reserve will steer a steady course on policy when he addresses lawmakers this…

A gradual collapse of the Saudi economy

YemenExtra Saudi Arabia’s annual consumer price inflation jumped to 3% in January after the government introduced a 5% value-added tax and hiked domestic gasoline prices at the start of the year, official data showed on…

Digital Economy Will Make Up 60% of APAC GDP by 2021

YemenExtra The digital economy in Asia-Pacific, or APAC, is expected to be worth $1.16 trillion by 2021, accounting for 60% of the region’s GDP–up from about 6% last year, a new IDC study has found. Commissioned by software…

Yemen’s ministries discuss mutual cooperation

YemenExtra Two ministries of Industry, Trade  and Transport discussed a convention to mutual cooperation among the two sides. The agreement was attended by the ministers of industry and trade, Abdu Mohammed Bashr and…

Saudi-Led Blockade Futile

YemenExtra An ongoing blockade of Qatar by a Saudi-led group of countries is “futile”, the Qatari emir has said, warning that the months-long crisis is undermining the region’s security and economic outlook. Saudi Arabia,…

World’s Most Miserable Economies in 2018

YemenExtra SH.A. Rising prices are more of a threat to the global economy this year than joblessness, according to Bloomberg’s Misery Index, which sums inflation and unemployment outlooks for 66 economies. Venezuela marks…