Banking Regulators Prepare to Loosen Post-Crisis Capital Rules
The changes, long sought by bank lobbyists, would reduce the capital banks must hold in reserve to mitigate risks. Source link
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Gold Price: Dubai souks buzz as gold prices crash over Dh50 in UAE: Eid ul Fitr 2026 shoppers rush to buy
Eid ul Fitr 2026 gold rush begins as prices drop in the UAE markets After weeks of soaring prices that kept many buyers on the sidelines, gold has finally taken a sharp turn in the UAE, dropping over Dh50 from its March peak and triggering a surge in last-minute Eid shopping across Dubai’s jewellery markets….
The Latest Toy to Jump to the Big Screen: Labubu
Pop Mart and Sony announced on Thursday that they were developing a feature film about the fuzzy trinkets. “It’s completely ruthless marketing,” one expert said. Source link
Strait Of Hormuz: ‘To ensure safe passage’: European powers, Japan back Hormuz security effort; condemn Iran’s attacks on shipping
File photo (Picture credit: AP) Six major powers, Britain, France, Germany, Italy, the Netherlands and Japan, said on Thursday they are ready to support efforts to ensure safe passage through the Strait of Hormuz, as the conflict in the Gulf continues to disrupt one of the world’s most critical energy chokepoints.In a joint statement, the…
In Dubai, the World’s Luxury Brands Face a Wartime Crisis
Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry. Source link
Big oil relief soon? What Trump’s possible ‘unsanctioning’ of Iran crude means for India
If the US were to ‘unsanction’ Iran oil at sea, India would be able to step up procurement. (AI image) Will India get access to Iran crude oil soon? The Donald Trump administration has signalled the possibility of waiving sanctions on floating Iran crude oil to ease the ongoing shock in the global energy markets….
Iran War Narrows Fed’s Path to Rate Cuts as Trump Demands Immediate Relief
Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials stare down another economic shock that threatens to stoke inflation and crimp growth. Source link
Armageddon scenario! Why Iran’s missile strikes on Qatar’s LNG spell nightmare for Europe, Asia
European gas prices have more than doubled since the US-Israel-Iran conflict began. (AI image) Is an Armageddon scenario about to play out? Europe and Asia are facing a nightmare scenario with the escalating crisis in the Middle East now increasingly impacting key energy infrastructure. The latest shockwave for the market has come in the form…
Extended Mideast Conflict Will Drag on Trade and Growth, W.T.O. Warns
The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists. Source link
Relief Scheme For Exporters: Government launches Rs 497-crore RELIEF scheme to support exporters hit by Middle East conflict – all you need to know
The Centre on Thursday launched the RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme with an outlay of Rs 497 crore to support Indian exporters facing disruptions due to the ongoing conflict in the Middle East, as the government moved to cushion the impact of rising freight costs, insurance premiums and shipping delays.The scheme…