Analysis

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Yuan becomes 5th most traded currency, helped by Russia

Yuan becomes 5th most traded currency, helped by Russia

China's yuan has jumped to fifth place in currency transactions, new data shows, as the country's economic expansion increases trade and sanctioned Russia turns to the Chinese market. According to data published by the Bank for …

Netanyahu eyes return to power

Netanyahu eyes return to power

Israel's Benjamin Netanyahu is eyeing a return to power when the country holds its fifth election in four years Tuesday

German exporters to stop betting on China

German exporters to stop betting on China

Olaf Scholz, who will fly to Beijing next week for his first meeting with Chinese leaders as German chancellor, is set to unveil his new China strategy next year. He is under pressure from his coalition partners, the Greens and the Free …

Why European gas prices falling?

Why European gas prices falling?

European benchmark gas prices have been steadily declining over the past few months to near their levels before the crisis in Ukraine started. Europe has been facing an energy supply squeeze this year as Russia has cut gas flows after …

Turkey, Israel eager to deepen defense ties

Turkey, Israel eager to deepen defense ties

Turkey and Israel are poised to forge closer ties on various fronts, including military cooperation. For an official visit to meet his Turkish counterpart Hulusi Akar, Israel’s Defence Minister Benny Gantz is due in Turkey on …

Saudi-US marriage of convenience

Saudi-US marriage of convenience

When President Biden visited the Saudi city of Jiddah three months ago, he was greeted with a fratboy-like familiarity by the 37-year-old Crown Prince Mohammed bin Salman