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Egyptian president urges immediate Gaza ceasefire during meeting with U.S. official
AKP Phnom Penh, the May 19, 2025-- Egyptian President Abdel-Fattah al-Sisi on Sunday called for reaching an immediate ceasefire in the Gaza Strip and facilitating the flow of humanitarian aid into the war-torn enclave during a meeting with a visiting U.S. official. Sisi made the appeal in Cairo...
Iran's president says agreement possible if U.S. stops coercion
AKP Phnom Penh, the May 19, 2025-- Iran's President Masoud Pezeshkian said on Sunday that reaching an agreement with the United States is possible if it refrains from applying coercion on Tehran. Pezeshkian made the remarks in a meeting with visiting Qatari Prime Minister and Foreign Minister Sh...
Global hunger worsened in 2024, affecting 295 mln people: UN report
AKP Phnom Penh, the May 19, 2025-- Global food insecurity and malnutrition continued to worsen in 2024, with 295 million people suffering from acute hunger across 53 countries, the United Nations Food and Agriculture Organization (FAO) and its partners said in a report released on Friday. The fi...
Economic Watch: U.S. credit rating downgrade adds downward pressure to economy
AKP Phnom Penh, the May 19-- Moody's latest downgrade of U.S. sovereign credit ratings to Aa1 from Aaa is expected to intensify downward pressure on the U.S. economy, which is facing recession risks amid rising tariffs and growing inflation expectations. Moody's cited rising government debt and...
Walmart warns of price increases as tariffs pressure supply chain
AKP Phnom Penh, the 16 May 2025-- Walmart on Thursday reported mixed results for its fiscal first quarter ending April 30, narrowly missing revenue expectations as the retailer signaled that rising tariffs are likely to lead to higher prices for consumers. While the company beat earnings estimat...
Japan's Q1 GDP contracts annualized real 0.7 pct on weak consumption, exports
AKP Phnom Penh, the May 16, 2025-- Japan's economy contracted an annualized real 0.7 percent in the first quarter of 2025, amid stagnant private consumption and falling exports, government data showed Friday. The latest real gross domestic product (GDP) growth rate marked the first quarterly con...
Singapore's non-oil exports surge 12.4 pct in April
AKP Phnom Penh, the May 16,2025-- Singapore's non-oil domestic exports (NODX) rose by 12.4 percent year-on-year in April, accelerating from a 5.4 percent increase in March, according to data released by Enterprise Singapore on Friday. Growth was broad-based, with both electronics and non-electro...
Italy's public debt reaches record high in March
AKP Phnom Penh, the May 16,2025-- Italy's public debt hit an all-time high of 3.034 trillion euros (3.38 trillion U.S. dollars) in March, the Bank of Italy reported Thursday, a 9.5-billion-euro increase compared to the previous month. Amid a weakening trend in the U.S. dollar, the total public d...
Vietnam, US push for balanced trade
AKP Phnom Penh, May 13, 2025 — Business leaders are accelerating imports of US goods into Vietnam and foster a more balanced trade relationship, as bilateral meetings gain momentum. The push comes as Vietnam’s imports from the US surged to 5.7 billion USD in the first four months of 2025, a 26...
Non-banking Financial Sector at “Very Advanced Stage” in Preparing for Euro Changeover
AKP Phnom Penh, May 13, 2025 — Bulgaria’s non-banking financial sector is in the home stretch in preparing for the adoption of the single European currency, Financial Supervision Commission (FSC) Chair Vasil Golemanski told BTA in an interview. Elected to the top post in FSC on March 27, Golemans...
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