Saudi IsDB approves $1.37bn in financing to support development projects in 12 countries.
Saudi Arabia’s Islamic Development Bank has approved a new package of projects with a total value of approximately $1.37 billion, allocated to […]
Mali finally returns $400 million in gold to Australian operator amid settlement.
The order comes as Mali’s military-led government, headed by General Assimi Goïta, pursues a five-year presidential mandate amid persistent political instability and […]
UAE gold prices edge higher as global rates surpass $4,376 on weaker dollar ahead of key U.S. jobs report
Gold continued to rise on Monday, bolstered by a declining dollar and lower U.S. Treasury yields. Investors are anticipating important U.S. jobs […]
US regulator grants crypto firms initial approval to launch trust banks
Crypto giants including Ripple and Circle on Friday received preliminary approval from a top banking regulator to establish national trust banks, in […]
Microsoft makes its biggest Asia move: $17.5B to transform India into an AI powerhouse.
Microsoft is betting big on India’s AI future. CEO Satya Nadella announced on Tuesday that the company will invest $17.5 billion over […]
Mexico approves up to 50% tariffs on China and other countries.
Mexican lawmakers have approved a package of new tariffs, impacting hundreds of products, many of which come from China. The measures, which […]
South African retail giant makes bold move into Europe with $570 million German retail acquisition.
South African retail giant Mr Price has announced a major expansion move with an agreement to acquire German-based value retailer NKD Group […]
Saudi Tourism Development Fund seals $1.07bn partnerships at Momentum 2025
Saudi Arabia’s Tourism Development Fund, the national enabler of the tourism sector, has announced six agreements and a memorandum of understanding with […]
Gold inches up ahead of Fed verdict, silver powers to fresh records above US$60
Gold inched higher on Wednesday as investors prepared to parse Federal Reserve chair Jerome Powell’s guidance on the day when the bank is […]
South Korea to consider setting up US$3.1b foundry to grow local chip sector.
South Korea is considering building a 4.5 trillion won (US$3.06 billion or RM12.6 billion) foundry to make essential chips, funded by state […]
Wealth of Singapore billionaires soars 66% to third-highest in Apac at US$258.8 billion
The wealth of billionaires that reside in Singapore rose 66.4 per cent to US$258.8 billion in 2025, making it the third-largest market […]
Trump’s trade war shift away from Chinese manufacturing has reached tipping point.
The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over the past decade, reflecting […]