Kuwait Oil Company announced Sunday the discovery of huge commercial quantities of light oil and associated gas in the al-Nokhatha offshore field located east of Failaka Island within Kuwaiti economic waters.

China's foreign trade registered a record-high increase of 6.1% in the first half of the current year, providing stronger momentum for economic recovery.

Oil prices recovered during early trading today, Wednesday, after three days of decline on reports of likely decline in US crude and fuel inventories last week, indicating stabilization in demand and with improved expectations related to lowering interest rates.

China's passenger car exports reached 378,000 units in June last month, recording a 28% annual increase.

South Korean car exports rise 3.8% year-on-year to $37 billion in first half of this year by the virtue of increasing its exports to the United States.

The Bank of Korea announced on Friday that South Korea has recorded the largest current account surplus in 32 months in May, driven by a sharp increase in the trade surplus and an increase in dividend payments.

More than 7,000,000 passengers travelled through Sofia Airport in 2023, up from the pre-pandemic 2019, the Bulgaria news agency has learnt from a report by SOF Connect published on Wednesday.

The Kingdom of Saudi Arabia has achieved 22.9% growth in spending by foreign visitors during the first quarter of 2024 compared to the first quarter of 2023.

Gold prices stabilized in Asia in the early hours of Monday morning, supported by data showing a decline in inflation in the United States, which raised hopes that the US Federal Reserve will begin reducing interest rates this year.

The World Bank announced that official remittances to low and middle-income countries declined in 2023 to an estimated $656 billion, after experiencing strong growth during the 2021-2022 period.

Foreign direct investment in actual use in China has reached 412.5 billion yuan (about 57.94 billion US dollars) in the first five months of the current year 2024.

Kuwait's trade surplus with Japan increased last May by 2.3 percent compared to the same period last year, reaching 82.7 billion Japanese yen (522 million US dollars), rising for the first time in three months.

South Korea's exports of ICT products jumped more than 30 percent in May thanks to strong global demand.

Car sales in China rose by 8.3 percent year-on-year to reach about 11.5 million units during the first five months of this year.

The Arab Republic of Egypt announced on Tuesday the establishment of a corporation to maximize the added value of low-concentration phosphate ores and produce one million tons per year of crude at a total cost of 250 million US dollars.

Japan's economy recorded a contraction of 0.5 percent of GDP, compared to the fourth quarter of last year 2023, which recorded a quarterly growth of 0.1 percent the first quarter of 2024,

The General Domestic Production (GPD) in Saudi Arabia decreased with 1.7 percent compared to the first quarter of 2023, influenced by the retreat of oil businesses with 11.2

China's foreign exchange reserves rose to 3.2320 trillion U.S. dollars by the end of May, up 0.98 percent compared to the end of April.

The International Energy Agency (IEA) predicted in a report that total investment in global energy will exceed three trillion dollars for the first time in 2024.

South Korea's economy grew at the fastest pace in over two years in the first quarter of this 2024 with 1.3 percent.