Tuesday, March 31, 2026

Finance

Goldman says there’s still room for gains in emerging stocks

The MSCI Emerging Markets Index has gained 30% since reaching a four-year low in late Marc A view of the Goldman Sachs stall on the floor of the New York Stock Exchange. The recent rebound in emerging-market stocks isn't over...

Doomy market view fades, but fears of a slower rebound stays

Stocks may have gained too much too soon after March crash as current rally loses steam Traders and New York Stock Exchange. Stocks closed another bumpy day with some gains on Wall Street on Friday, but not enough to erase...

India’s forex reserves cross $500b mark

Country’s forex reserves jumped by $8.2b on in the week ended June 5, 2020 The headquarters of the Reserve Bank of India in Mumbai. According to the RBI’s weekly statistical supplement, India’s foreign exchange reserves rose by over $8.223 billion...

UAE economy poised for full recovery in 2022: How will this affect residents and their spending?

Economists expect household spending in the UAE to return to normThe UAE economy is highly intertwined with other major developed and emerging market economies.al within 6-12 months The UAE economy is expected to stage a gradual recovery to pre-COVID-19 levels...

Facebook fires employee who protested against Mark Zuckerberg’s stance on Trump posts

Dismissed employee Brandon Dail said 'intentionally not making a statement is already politica Facebook fired an employee who had criticised chief executive Mark Zuckerberg's decision not to take action against inflammatory posts by US President Donald Trump this month, citing...

UN links items in arms shipments and missile attacks to Iran

The United Nations says Iran was the source for debris left by attacks on Saudi Arabia's oil installations and an international airport The United Nations says it has determined that Iran was the source for several items in two arms...

Female workers more exposed to coronavirus recession under Japan’s ‘Womenomics’

Women accounted for the majority of part-time, contract or temporary jobs lost in April Japanese Prime Minister Shinzo Abe has long made creating jobs for women central to his economic policy, but now women are suffering a bigger share of...

Billionaires: Entrepreneur who once turned down SoftBank set to join the ultra-wealthy

In our fortnightly roundup, Shunji Sugaya’s net worth surges alongside his software company’s stock and Bill Gates gets a boost from Vroom investment Shunji Sugaya A Japanese company founder, who turned down an offer from SoftBank to buy his start-up idea when...

Spain’s property market heading for second crash in a decade

Experts say the hit to housing prices in 2020 due to the coronavirus outbreak could range from 6.5% to 15% Spain’s $6 trillion (Dh22tn) home market looks headed towards another crash, according to economists who are studying the impact on...

British Airways job cuts plan criticised as ‘national disgrace’

UK Transport Committee calls for 14-day quarantine to be axed to save airline industry British Airways’ plans to cut 12,000 jobs has been described as a “national disgrace” by UK politicians. A report by the Transport Committee on the impact of...

Latest News

Return to online school: UAE families juggle work and life as homes become classrooms

Schools across the UAE resumed the new academic term online, but for many families, the shift has once again...

Air India allows passengers to rebook to India from any airport in UAE without any extra charge.

Stranded passengers in the UAE can now rebook their cancelled Air India Express flights from any airport in the country to any destination in...

Big News from UAE: New Glass-Domed Mosque Opens in Sharjah

As the sun sets over Al Dhaid, the inside of newly opened Al Nasr Mosque begins to glow. Golden light pours through a giant...

Dubai Gold Prices Fall Below Dh600/Gram, Drop Dh11 in 24 Hours

Gold prices dropped below Dh600 per gram in Dubai on Friday morning as the yellow metal slipped below $5,000, reaching close to a one-week...

Gold Prices Stable in Dubai Morning Trade – 24K Around Dh610

Gold Prices: At 9am UAE time, the 24K gold price was trading at Dh610.75 per gram, slightly up from last night’s close. Among the...