Traders of carpets, antiques and souvenirs on Kabul’s famed Chicken Street said Sunday business has completely dried up since the vast majority of foreigners left the Afghan capital as the Taliban took over.

The Lebanese government said on Wednesday it was working with the World Bank to secure financing for a plan to import Egyptian gas via Jordan and Syria to generate power for Lebanon, which is struggling with an economic crisis and acute power shortages. 

Saudi Arabia, the world’s top oil exporter, slashed prices of all crude grades to Asian customers in October versus September, but left prices to northwestern Europe and the United States steady.

South Korean MPs were expected to ban Apple and Google from forcing app developers to use the tech giants’ payment systems on Tuesday, effectively declaring their lucrative App Store and Play Store monopolies illegal.

China’s push to wean property developers from excessive borrowing is spilling over into loan losses at banks and pain in credit markets as cash-strapped builders fall into distress, raising the risk of fallout rippling across the economy.

PetroChina reported an interim profit of 53.04 billion yuan ($8.18 billion) on Thursday, thanks to rising oil and gas prices and a recovery in Chinese fuel demand from the coronavirus pandemic slump. 

Afghanistan’s banks, critical to the country’s recovery from crisis, are facing an uncertain future say its bankers, with doubts over everything from liquidity to employment of female staff after the Taliban swept to power.

Samsung Group unveiled a $205 billion investment blueprint on Tuesday aimed at making the company a leader in a range of technologies from semiconductors to robotics and creating 40,000 new jobs.

Asia’s robust economic recovery from last year’s coronavirus low is losing momentum as a surge in Covid-19 cases sees shops empty again and factories close, dimming prospects for corporate profit growth after a blockbuster half year.

Iran said on Monday it is ready to ship more fuel to Lebanon if needed, a day after the leader of Lebanon’s Iran-aligned Hezbollah group said more vessels carrying Iranian fuel would sail soon to help ease the country’s fuel shortage. 

Dubai’s residential property market is on a steady course, with prices expected to rise modestly over the next couple of years, according to a Reuters poll of housing analysts who say property prices there will remain affordable during that time. 

AB Volvo said on Monday it had struck a deal to buy a heavy duty truck subsidiary of Jiangling Motors Corp (JMC) for about 1.1 billion Swedish crowns ($125.7 million) to make trucks in the world’s biggest vehicle market. 

Yemen will receive about $665 million worth of reserves from the International Monetary Fund (IMF) on Monday which will help ease an acute economic and humanitarian crisis in the war-torn country, the fund’s regional representative for Yemen said.

Heroin production has boomed in Afghanistan in recent years, helping fund the Taliban, and experts say they will struggle to wean themselves off the profitable trade despite their promise to do so.

Global shares slid on Monday after a raft of Chinese economic indicators showed a surprisingly sharp slowdown in the engine of global growth, just as much of the world races to stem the spread of the Delta variant of Covid-19 with vaccinations. 

Thousands of small and medium Kuwaiti businesses could go to the wall after being walloped by the pandemic, potentially torpedoing a private sector central to the country’s efforts to remake its unorthodox and oil-pumped economy. 

China will transfer over $6 million to Myanmar’s government to fund 21 development projects, Myanmar’s foreign ministry said, in a sign of cooperation resuming under the junta that overthrew an elected government on February 1.

Companies should not rely on governments to reach agreement at a global summit on climate change this year, but rather take more action themselves, Standard Chartered CEO Bill Winters said on Tuesday.

Two Myanmar citizens have been arrested in New York state for plotting with an arms dealer in Thailand - who sells weapons to the Burmese military - to kill or injure Myanmar's ambassador to the United Nations, US authorities said on Friday.

Dubai’s state airport operator expects a “surge” in passenger traffic over the coming weeks and months, its chief executive said on Wednesday, after the United Arab Emirates announced an easing of travel restrictions from African and Asian countries.