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World Bank says Cambodia's economy is holding up as 2025 FDI climbs and early-2026 exports rise
The World Bank said Cambodia’s economy remained resilient, with foreign direct investment reaching $5.1 billion, or 10.1% of GDP, in 2025, up 15% from a year earlier. Goods exports excluding gold increased 17.7% year on year in the first quarter of 2026, according to its June update.
Geopolitics & Trade · 2 hours agoU.S. says fighter jets struck Iranian radar and air defense sites after Army helicopter incident near Hormuz
The U.S. military said it carried out strikes on Iranian air defense, ground-control and surveillance radar sites near the Strait of Hormuz after a U.S. Army Apache went down off Oman. Two crew members were rescued and were in stable condition. Iranian media reported explosions in Qeshm, Sirik, Bandar Abbas and near Jask.
Central Banks & Policy · 3 days agoPBOC Raises China’s Gold Reserves by 320,000 Ounces; FX Reserves Climb to $3.44 Trillion
China’s central bank increased official gold holdings by 320,000 troy ounces last month, lifting reserves to 74.96 million ounces, according to data released Sunday. China’s foreign exchange reserves rose $31.7 billion to $3.4422 trillion by the end of May. Bullion prices fell in May for a third straight month.