July 27, 2026
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Tag : energy prices

Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

omandailynews.com
MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in parts of the region. The projection stands below the 5.1% estimate issued in April. It......
Business

Nikkei falls as caution returns to Tokyo stocks

omandailynews.com
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The Nikkei 225 closed down 0.73% at 55,895.32, while the broader Topix lost 0.9% to 3,741.47.......