Kenya’s property market has emerged as the world’s top-performing investment destination, delivering the highest returns among major global markets, according to a new report by real estate consultancy HassConsult. Strong price growth, combined with resilient rental yields, has positioned Kenya ahead of developed economies. The findings show that residential property prices in Kenya have surged by 425% since 2000, outpacing the U.S. (201%), France (151%), and Singapore (122%). In the year to June 2025 alone, Kenyan property values rose by 7.8%, the steepest increase among the markets analysed, with most purchases made in cash. Australia ranked second with 4.74% growth,…

Five years after Brexit, the UK automotive sector continues to demonstrate its strength as a global trading leader, generating £115 billion in imports and exports last year, according to the Society of Motor Manufacturers and Traders (SMMT) latest report, Unmarked Routes: Britain’s Pathway to Stronger Automotive Trade. The industry is on course to exceed £110 billion in trade for the third consecutive year, despite facing significant challenges including tariff barriers, rising protectionism, and geopolitical uncertainty. Brexit has reshaped trade conditions between the UK, the European Union, and other key partners. The sector has absorbed considerable costs from new customs procedures,…

The tightening of U.S. tariffs on imported goods is reverberating across global trade, creating new uncertainties for export-driven economies like Vietnam. According to Nguyen Cam Trang, Deputy Director of the Ministry of Industry and Trade’s Import-Export Department, the shifts in the American market alone have disrupted production and business strategies for many Vietnamese companies. Vietnam’s Commercial Counselor in the U.S., Do Ngoc Hung, noted that sectors such as textiles, wood, steel, and food are among the hardest hit. He warned that businesses relying solely on low-cost advantages risk losing market share, but added that those prepared to improve quality, labor,…

China’s foreign trade is expected to accelerate this year as exporters expand tech exports, shift towards more technology-intensive products, and deepen ties with emerging markets, according to government officials and business leaders. Latest data from the General Administration of Customs (GAC) showed that China’s foreign trade rose 3.5% year-on-year to 29.57 trillion yuan ($4.14 trillion) in the first eight months of 2025. Exports grew 6.9% to 17.61 trillion yuan, while imports slipped 1.2% to 11.96 trillion yuan. Lyu Daliang, director of GAC’s department of statistics and analysis, said growth during this period was 0.6% points higher than in the first…

Ukrainian President Volodymyr Zelensky has endorsed the U.S. tariffs on nations continuing trade with Russia, describing it as the “right idea.” In an interview with ABC News, Zelensky was asked whether Indian Prime Minister Narendra Modi’s recent meeting with Russian President Vladimir Putin at the Shanghai Cooperation Organization Summit in China suggested that sanctions on Russia were failing. Zelensky responded that penalizing countries maintaining business ties with Moscow was an appropriate strategy. His remarks came shortly after U.S. President Donald Trump announced a ‘second stage’ of sanctions against Russia, signalling tougher economic measures aimed at forcing Moscow to halt its…

President Droupadi Murmu on Monday called on Indian exporters of engineering goods to transform challenges in global trade into opportunities by leveraging the country’s strong capabilities. Speaking at the platinum jubilee celebrations of the Engineering Export Promotion Council (EEPC), she stressed the importance of adaptability and innovation in strengthening India’s economic position. “India’s engineering export destinations have changed significantly over the last seven decades. The Engineering Export Promotion Council should continue this process of change and keep working to make India’s economy continuously stronger with the spirit of Nation First,” she said. Highlighting the growth of engineering exports, the President…

Bangladesh’s apparel exports to the United States surged 21.66% year-on-year in the first seven months of 2025, strengthening the country’s position as one of the fastest-growing suppliers to the world’s largest clothing market. Between January and July, Bangladesh shipped apparel worth $4.98 billion to the U.S., according to the latest trade data. This far outpaced overall U.S. apparel import growth of 4.96% during the same period, which reached a total of $45.80 billion globally. In terms of quantity, Bangladeshi garment shipments to the U.S. grew 20.33%, while the average unit price increased by 1.11%. “This strong growth proves Bangladesh is…

The Ministry of Industry and Trade, in collaboration with the People’s Committee of Tay Ninh Province, hosted a major international trade conference that brought together more than 140 enterprises from 25 countries and territories, alongside leading global distribution and e-commerce corporations. The event provided an important platform for Tay Ninh and the wider regional business community to strengthen linkages, expand markets, and enhance their ability to integrate into global supply chains. In her opening remarks, Deputy Minister of Industry and Trade Phan Thi Thang praised the strong participation of both domestic and international enterprises, noting that the turnout exceeded expectations.…

India and Singapore on Thursday unveiled a comprehensive roadmap to expand their strategic partnership, with Prime Minister Narendra Modi and his Singaporean counterpart Lawrence Wong reaffirming their commitment to strengthening cooperation across key sectors and jointly addressing global challenges, including disruptions to trade arising from tariff disputes. During wide-ranging talks, the two leaders agreed to deepen collaboration in advanced manufacturing, semiconductors, green shipping, skill development, civil nuclear energy, aviation, defence, and security, with particular interest in the development of unmanned vessels. The meeting saw the signing of five agreements covering areas such as aviation, skilling, and green and digital shipping.…

Donald Trump has petitioned the U.S. Supreme Court to overturn a federal appeals court decision that ruled most of his sweeping trade tariffs unlawful. The former president’s legal team filed the request late Wednesday, seeking a review of last week’s 7-4 ruling by the U.S. Court of Appeals in Washington DC. The case concerns Trump’s ‘liberation day’ tariffs, imposed on 2 April, which levied duties ranging from 10% to 50% on the majority of U.S. imports, rattling global trade and markets. The appeals court determined that Trump had exceeded his presidential powers when he relied on the International Emergency Economic…