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U.S. dollar weakens sharply against the Japanese yen after market interventions

The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and Japan's finance minister confirmed both sides had intervened in markets.(Image credit: Eugene Hoshiko)

Gold prices in Dubai continue to trade under Dh500 for second consecutive week - Khaleej Times

Gold prices in Dubai continue to trade under Dh500 for second consecutive week  Khaleej Times

Rupee rises 31 paise on weaker dollar, lower oil prices and continued FII inflows

The Indian rupee strengthened against the US dollar on Monday morning. Falling global crude oil prices and a weaker US dollar supported the rupee's rise. Foreign fund inflows and higher forex reserves also provided additional support. Easing geopolitical concerns after US President Donald Trump delayed strikes on Iran helped markets. The Reserve Bank of India's continued intervention further bolstered the currency's performance.

Japan, US step in to support yen, Tokyo keeps door open for more action

Japan and the United States intervened in currency markets to address yen volatility. This joint action followed a September 2025 finance ministers' statement. Tokyo is ready for further intervention if the yen continues to swing. Japan also plans to use the Federal Reserve's FIMA Repo Facility. Economic growth forecasts were cut due to oil prices and a weaker yen.

Todd Blanche moves closer to confirmation after rescinding $1.8B fund

Acting Attorney General Todd Blanche moved closer to Senate confirmation Sunday after formally rescinding a controversial $1.8 billion "anti-weaponization fund" and narrowing tax protections included in President Donald Trump’s IRS settlement.A spokeswoman for Sen. John Cornyn, R-Texas, confirmed an agreement had been reached after Cornyn and Sen. Thom Tillis, R-N.C., held up Blanche’s nomination. The Senate Judiciary Committee is scheduled to vote on the nomination Tuesday."My team and I have m...

How UAE's Adnoc is building a gas strategy beyond the Strait of Hormuz - thenationalnews.com

How UAE's Adnoc is building a gas strategy beyond the Strait of Hormuz  thenationalnews.com

Top stocks to buy: Stock recommendations for this week - check list

Stock market recommendations: RR Kable, and KFin Technologies have been picked as the top stocks to buy for the week starting August 3, 2026 by Motilal Oswal Wealth Management Research Desk:

Oil tumbles over 6% as Trump's Iran talks revive hopes of easing Middle East tensions

Oil prices dropped significantly as United States and Iran negotiations offered hope for de-escalation. Uncertainty surrounds these talks and ongoing security risks persist along vital shipping lanes. Brent crude futures experienced a sharp decline after President Trump announced potential discussions with Iran. This followed a substantial rally last month fueled by renewed conflict and tanker attacks.

Japan and US confirm rare joint intervention to prop up yen

US President Donald Trump says helping to bolster the Japanese currency is a sign of friendship.

Russian crude imports in July highest since Ukraine war

India's crude oil imports from Russia hit a record 2.8 million barrels daily in July. This surge accounted for over half of the country's total crude purchases. Meanwhile, LPG imports heavily favored the United States, supplying seventy-three percent of July's total. Refiners also increased sourcing from West Asian suppliers as Strait of Hormuz flows normalized. Saudi Arabia, Iraq, and Kuwait saw rising exports to India during this period.

كيف صنع أغنى المليارديرات العرب ثرواتهم: قصص مذهلة ستدهشك!

هل تساءلت يومًا كيف استطاع أغنى العرب جمع ثروات هائلة؟ في هذا المقال، نكشف لك عن أسرار نجاح المليارديرات العرب مع تفاصيل ثرواتهم وتواريخ إنجازاتهم المدهشة.

From Deserts to Fortunes: The Untold Stories of the Richest Arab Billionaires

Discover the incredible journeys of the richest Arab billionaires who transformed their dreams into empires. Unveil the secrets behind their astounding net worths and the industries that propelled them to the top.

Investments in PE-VC fall 6% to $20.3bn in Jan-July

India's private equity and venture capital investments surpassed twenty billion dollars this year. This figure shows a slight decrease compared to the previous year's performance. July saw investments of three billion dollars, remaining stable from last year's figures. Investors maintain long-term confidence in India's private markets despite global challenges. Sectors like renewable energy and B2B software startups are attracting significant investor attention.

West Asia war uncertainty keeps businesses on edge

Businesses face significant cost management challenges due to ongoing West Asia conflict. Commodity inflation and freight charges create persistent planning uncertainties for companies. This instability may lead to postponed capital deployment and fewer new job additions. Consumers can expect widespread price increases across various products and services. Companies are considering further pricing interventions to manage margin impacts.

Australia news live: Chalmers asks regulator to watch service stations ‘like a hawk’ as fuel excise cut ends

Fuel excise cut, which was imposed after outbreak of Iran conflict, ended at midnight on Monday. Follow today’s news liveGood morning, and happy Monday. Nick Visser here to get the week’s news going. Here’s what’s on deck:The high-profile trial of former broadcaster Alan Jones for indecent assault and sexual touching charges begins today in Sydney. Continue reading...

Capital One says it closed Trump Organization accounts over money-laundering concerns

The bank is asking a judge to permanently dismiss a lawsuit from Trump-affiliated businesses, arguing a monthslong internal review — not the Jan. 6 riot — explains why hundreds of accounts were shut down in 2021.(Image credit: Alex Brandon)

صفقات الصيف: كيف غيرت الانتقالات ملامح اقتصاد كرة القدم؟

Healey’s profiteering warning on food and fuel sparks retailer anger

Chancellor says the government wants to prevent shoppers being ‘taken for a ride’ at the pump or tillThe chancellor, John Healey, has said the government is standing by to prevent the public from “being taken for a ride at the pump or the till” as the Iran war continues to hit prices.While he said there had been “no significant evidence of so-called price gouging” during the crisis, he used a weekend column to tell the big retailers that ministers were “watching closely” for any signs of profite...

Chevron CEO warns Iran conflict has created 'very real' threat to global oil supplies as gas prices climb

Chevron CEO Mike Wirth warned of "very real" dangers for the global oil industry as tensions escalate in Iran and Houthi attacks on Saudi oil facilities fuel concerns over a potential new shipping crisis.His comments come as oil prices climb following President Donald Trump’s pause on U.S. strikes against Iran and as Saudi Arabia reportedly builds an international coalition to protect vital shipping routes."We now see, not only the Strait of Hormuz, but the Red Sea and the Black Sea have risks a...

From Rags to Riches: 5 Extraordinary Self-Made Billionaires Who Defied the Odds

Discover how these five self-made billionaires transformed their lives from financial struggles to immense wealth, inspiring millions along the way. Their journeys are filled with surprising facts and invaluable lessons that demonstrate the power of resilience and innovation.