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The Indian rupee fell to its weakest level ever against the US dollar on Friday, sending the United Arab Emirates dirham above the INR26 mark for the first time and significantly boosting remittance v...
Indian billionaire Gautam Adani and his nephew, Sagar Adani, have agreed to pay a combined $18 million to settle civil fraud allegations brought by the U.S. Securities and Exchange Commission (SEC). G...
Global oil inventories are declining at an unprecedented pace as ongoing disruptions in the Middle East continue to strain energy markets, according to the latest report from the International Energy ...
Chinese exporters are becoming increasingly concerned about the ongoing Iran conflict and its impact on global trade, with many industry leaders now viewing supply chain disruptions and rising logisti...
Gold prices witnessed volatile movement on Tuesday as global investors positioned themselves ahead of major US inflation data expected later this week. The precious metal managed to recover from sharp...
Economic relations between the UAE and Türkiye continue to strengthen as bilateral trade and investment cooperation accelerate under the Comprehensive Economic Partnership Agreement (CEPA), which offi...
Potato-linked financial contracts have recorded a dramatic surge of more than 700 percent in less than a month as global markets react to fears surrounding the ongoing Iran war and its impact on agric...
Rising tensions surrounding the Iran conflict are expected to dominate discussions during the upcoming summit between United States President Donald Trump and Chinese President Xi Jinping, potentially...
Bank of Sharjah has reported a strong start to 2026, posting record quarterly results driven by steady business expansion, rising revenues, and disciplined financial management....
Artificial intelligence company Anthropic is reportedly in early-stage discussions with UK-based semiconductor start-up Fractile to secure access to next-generation AI chips, as it seeks to diversify ...
Mediterranean Shipping Company (MSC) has announced the launch of a new Europe–Red Sea–Middle East shipping service aimed at maintaining trade flow while bypassing disruptions in the Strait of Hormuz....
Global oil prices showed sharp and uneven movements on Monday as geopolitical tensions in the Gulf region triggered uncertainty across energy markets. Reports of a tanker being hit by unknown proje...
Global oil markets may be underestimating the long-term consequences of the ongoing Iran conflict, according to Exxon Mobil CEO Darren Woods, who warned that the full scale of supply disruptions has y...
The European Central Bank (ECB) has kept its key interest rates unchanged at 2% for the third consecutive meeting, as policymakers navigate a complex economic environment marked by rising inflation an...
India has reached a major milestone in its energy transition, achieving more than 50% of its installed electricity capacity from non-fossil sources five years ahead of its 2030 target under the Paris ...
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., has issued a stark warning about the growing risk of a global bond market crisis, citing rising government debt levels and mo...
Global stock markets traded largely flat on Monday while oil prices rose above $100 per barrel, as stalled negotiations between the United States and Iran heightened concerns over supply disruptions. ...
A tanker transporting approximately 910,000 barrels of crude oil from Texas has successfully arrived in Tokyo Bay, marking one of the largest direct shipments of US-produced crude to Japan in recent y...
U.S. consumer sentiment declined to its lowest level on record in April, as rising fuel costs and inflation concerns continued to weigh on households despite a ceasefire in the Iran conflict. The U...
China’s total installed power generation capacity rose to 3.96 billion kilowatts by the end of March 2026, registering a 15.5 percent increase compared to the same period last year, according to offic...
