Tuesday 5 November 2024
 
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Apec

Apec to open new offices in Gulf region

Arabian Power Electronics Company (Apec), a leading global power electronics manufacturer fully owned by Eram Group, has announced plans to open offices in the GCC as part of its regional expansion plans. Apec is a leading power e

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Apec to open new offices in Gulf region

Arabian Power Electronics Company (Apec), a leading global power electronics manufacturer fully owned by Eram Group, has announced plans to open offices in the GCC as part of its regional expansion plans. Apec is a leading power e

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Apec to refrain from competitive currency devaluation

Finance ministers from the Asia-Pacific Economic Cooperation (Apec) group said on Friday they were committed to addressing weaknesses in their economies but stressed they would not seek to gain a competitive edge by weakening their currencies.

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Apec nations pledge steps to boost growth

  Countries on the Pacific Rim ended a two-day summit on an island off the Russian port city of Vladivostok by expressing concern about the state of the world economy, global food security and growing signs of protectionism.

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Obama tells China: Enough is enough

President Barack Obama told China on Sunday that the US was fed up with its trade and currency practices, as he turned up the heat on America's biggest economic rival at an Asia Pacific summit.      'Enoug

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Apec seeks firewall against Europe crisis

Asia-Pacific leaders will call on countries on Sunday to do what they can to prop up economic growth, rallying around the common threat from Europe's debt crisis despite divisions over trade and currency policies. Fresh off a rare succ

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Obama, Hu air disputes at Apec summit

US President Barack Obama and Chinese President Hu Jintao presented duelling trade agendas at a Pacific summit that underscored growing tensions between the world's two biggest economies.  Hu and Obama laid out competing visions

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Apec to establish free trade zone

Asia-Pacific leaders agreed to start establishing a free trade area in the world's fastest growing region with China warning that global economic recovery was far from certain and protectionism was rising. The weekend summit followed hot o

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Apec leaders back delay in final climate deal

US President Barack Obama and other world leaders threw support on Sunday behind a proposed two-step plan for December's climate talks in Copenhagen that would leave legally binding agreements until later. 'There was an assessment

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APEC trade meeting to push for Doha deal

A Doha trade deal would be top of the agenda for the 21-member Asia-Pacific Economic Cooperation (APEC) groups meeting in Singapore on Tuesday, Australia’s Trade Minister has said. "We want to use the meeting to generate further momentum f

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