EU Prepares €93 Billion in Tariffs Against US in Response to Greenland-Related Trade Tensions
EU plans €93B in tariffs on US goods after Trump threatens tariffs over Greenland dispute, escalating transatlantic trade tensions.
Qatar Sovereign Wealth Fund Adopts Selective Approach to AI Investments, Focusing on Returns and Productivity
Qatar's wealth fund will invest in AI projects with proven long-term value, focusing on productivity and stable returns, not short-term trends.
UK Merger Oversight Reset Aims to Accelerate Investment and Drive Economic Growth
UK plans to simplify merger reviews, aiming to boost investment by reducing CMA oversight, especially for foreign deals not affecting UK markets.
Abu Dhabi Islamic Bank Launches Open Finance as UAE's First Islamic Bank Under Central Bank Initiative
ADIB launches UAE's first Islamic open finance app, boosting digital banking under Central Bank's initiative and enhancing customer data control.
Limited Gains Support Stability in Egyptian Exchange Amid Relative Improvement in Liquidity
Egyptian Exchange saw modest gains and improved liquidity, with EGX30 up 0.4% and Sharia Index up 0.44%, reflecting stable investor confidence.
US Treasury Yield Surge and Weak Local Intervention Push Indian Bond Yields to 10-Month High
Indian 10-year bond yields hit 10-month high at 6.68% due to rising US yields and weak RBI intervention, highlighting global impact on local markets.
Escalating US Tariffs and China Slowdown Widen Stock Selloff from Asia to Europe
Global stocks fell as US-EU trade tensions rose and China’s growth slowed, hitting tech and industrial shares; EU plans retaliatory tariffs.
Profit-Taking and Monetary Policy Uncertainty Weigh on Bitcoin Despite Strong Institutional Inflows
Bitcoin fell 3% amid profit-taking and policy uncertainty, but ETFs saw record inflows, signaling ongoing institutional confidence.
Brent Crude Holds at $63.57, US Crude at $59.05 per Barrel Amid Volatile Gas Prices
Brent crude steady at $63.57, US crude at $59.05; oil stable, gas prices surge on weather and demand, energy market remains divided and volatile.
Glencore Secures Long-Term Supply Deal for Low-Carbon Iron Project in Oman
Glencore secures long-term HBI supply from Oman's Meranti Green Steel, boosting low-carbon steel for Europe amid stricter regulations.
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