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Rains in UAE: Shops flooded, but owners say timing saves businesses from major losses
Afghans, terrorists - and the border
Since Pakistan's birth in 1947, the only issue that seemingly unites Afghans of all shades is the "Durand Line"
The hidden educational cost of the oil crisis
For many students, faculty, the digital experience is a fragmented mess of lagging audio and dropped connections
Leveraged Loans Are Outperforming Junk Bonds By Most Since 2023
US leveraged loans are on track to outperform junk bonds this month by the most in two and a half years, as some borrowers have shifted debt financing to loans while markets are roiled by conflict in the Middle East.
Air China subsidiary to lease 10 Boeing jets in deals worth about US$400 million
Shandong Airlines, a subsidiary of flagship carrier Air China, has announced plans to lease 10 Boeing 737 aircraft, signalling China’s continued demand for the American jets as it looks to refresh an ageing fleet. The airline will pay a total fee of 2.88 billion yuan (US$405 million), with the aircr...
‘It’s fired people up’: support grows, including within Labor, for new gas tax to curb wartime profits
Government, industry and opposition see growing public support for a new gas tax but the industry is fighting backGet our breaking news email, free app or daily news podcastThe gas industry is mobilising in opposition to a potential new tax on the sector as political momentum builds – including amon...
Oaktree to Meet Private Credit Fund Redemptions in Full
Oaktree Capital Management is meeting all redemption requests for its $7.7 billion private credit fund, allowing investors to take out 8.5% of net assets. Dana El Baltaji has more on "Bloomberg Open Interest." (Source: Bloomberg)
Guggenheim CIO Says Oil Shock Can Drive 10% Selloff in US Stocks
US stocks could fall as much as 10% if oil prices remain elevated for several months, a scenario that risks derailing the retail-driven “buy-the-dip” dynamic that has supported markets in recent years, according to Guggenheim Partners Investment Management.
Eldorado Gold Plan to Buy Foran Opposed by Glass Lewis
A key proxy adviser firm recommended Eldorado Gold Corp. investors vote against its C$3.8 billion ($2.7 billion) bid for Foran Mining Corp., the latest roadblock after Eldorado’s third-largest shareholder called the takeover too expensive.
UAE Port Ramps Up Hormuz-Dodging Oil Flows After Iranian Strikes
The United Arab Emirates has been ramping up oil exports from a vital port that lies outside the Strait of Hormuz, after some of the biggest crude loading infrastructure resumed operations following Iranian drone strikes earlier this month.
Trump’s signature to appear on US currency, ending 165-year tradition
US paper currency will bear President Donald Trump’s signature starting this summer, the first time a sitting president has signed American money, the Treasury Department said on Thursday. The redesigned notes, planned to mark the 250th anniversary of American independence, will also, for the first...
Mortgage rates hit highest level since September: Freddie Mac
Mortgage rates are climbing amid the ongoing conflict in Iran, with the 30-year fixed-rate mortgage hitting 6.38 percent, according to a Thursday report from Freddie Mac. The 15-year fixed-rate mortgage rate was up to 5.75 percent on Thursday. These rates have steadily increased over the past month...
'On our toes over deficit': Sitharaman amid Middle East crisis, dismisses lockdown rumours
Finance Minister Nirmala Sitharaman assured that India will maintain fiscal prudence while shielding citizens from rising global crude oil prices. She highlighted India's stable fuel prices compared to other nations, dismissing lockdown rumors as baseless and aimed at creating fear. The government h...
Rains in UAE: Banks say some of their ATMs and branches may not be available
Pain at the pump fuels EV rush in China, driving a timely boost for carmakers
Rising fuel costs triggered by the Middle East crisis are emerging as an unexpected tailwind for China’s electric vehicle (EV) makers, as consumers increasingly pivot towards battery-powered cars to avoid surging petrol bills. With Brent crude climbing past the psychologically significant US$100-a-b...
Chinese market regulator tells firms to focus on healthy competition overseas
China’s market regulator has told companies including electric vehicle maker BYD and battery giant Contemporary Amperex Technology Ltd (CATL) to compete healthily when expanding overseas, amid mounting accusations of unfair competition, subsidies and dumping levelled at Chinese companies in global m...
BYD Delivers Steeper-Than-Expected Profit Drop Amid EV Price War
BYD Co. reported a steeper-than-expected slump in fourth-quarter profit as relentless competition and tighter regulation in China ramped up pressure on the world’s biggest electric vehicle maker to reignite stalling momentum.
JPM’s Michele Sees Bond Market Pricing in Worst of all Scenarios
Bob Michele, global head of fixed income at JPMorgan Asset Management, says, ‘let the markets go wherever they’re going,” as he discusses the impact of the war in Iran and the prospect of inflation on the bond market. (Source: Bloomberg)
Iran Keeps Up Strikes in Middle East, Oil Rises | The Opening Trade 3/27/2026
Iran continued its drone and missile strikes across Middle East, with oil prices rising as traders weigh the risks of a drawn-out conflict. President Donald Trump again pushed back his deadline for Iran to strike a deal with the US or face more attacks, saying talks with the country were going 've...
Defence ministry inks Rs 858 crore deals for missile systems, Navy aircraft upkeep
Defence ministry inks Rs crore deals for missile systems Navy aircraft upkeep