Dubai gold prices see second-biggest 2025 surge, following the record high of Dh420/gram earlier this year amid the global tariff war. (File) Gold prices in Dubai rose sharply on Friday as escalating tensions between Israel and Iran pushed investors toward traditional safe-haven assets. The 24-karat gold variant jumped by Dh4 (approximately $1.09) per gram, reaching […]
Travellers can now park for up to two weeks for just Dh300 across all DXB terminals/ Image: dubaiairports.ae As the mercury rises and summer travel plans ignite, Dubai International (DXB) is making journeys smoother and more affordable for thousands of outbound passengers. In a strategic move perfectly timed for the bustling season, Dubai Airports has […]
A billboard campaigning for each family to have two children in an effort to improve the birth rate stands along the street in Ho Chi Minh City, Vietnam (Image credit: AP) Vietnam has officially ended its long-standing two-child policy. The country’s National Assembly amended the law on Tuesday that restricted families to having one or […]
US President Trump renewed his criticism on Thursday of Federal Reserve chair Jerome Powell, complaining the Fed is refusing to lower interest rates. Trumpsaid cutting interest rates would be “like jet fuel” for the economy “but he doesn’t want to do it”. He said Powell is “not in love with me”. Fed this week kept […]
Bank of England (File Photo AP) LONDON: The Bank of England is widely expected to look past near-term inflationary pressures in the British economy and opt to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration. Most economists believe it’s a […]
A man with an umbrella passes by China’s central bank also known as People’s Bank of China, in Beijing. (Picture credit: AP) China’s central bank rolled out major monetary easing measures on Wednesday, slashing a key interest rate and lowering the reserve requirement for banks as the economy reels under the pressure of renewed US […]
‘Stop playing politics!’: Donald Trump urges Fed Chair Jerome Powell to slash rates (Picture credit: AP) US President Donald Trump on Friday called on Federal Reserve Chair Jerome Powell to cut interest rates immediately, even as the central bank faces mounting pressure over inflation concerns triggered by his administration’s sweeping new tariffs.“This would be a […]
