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CATEGORY

Asia

Yuan Strengthens 6.7769 Against Dollar

The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 35 pips to 6.7769 against the dollar on Wednesday. This is according...

UAE Builds Alternative Trade, Energy Routes After Iran Attacks, Official Says

The United Arab Emirates (UAE) is building alternative routes for its ​energy exports and trade to ensure they are not “held ‌hostage” by the...

Yuan Strengthens 6.7795 Against Dollar

The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 6.7795 against the dollar on Monday. This is according...

China Injects $45 Billion in Banks, Insurers to Boost Growth

China is injecting 300 billion yuan ($45 billion) into its largest banks and insurers, part of the nation’s biggest recapitalization in almost two decades,...

Iranian Rial Plunges Past 2 Million Per Dollar Threshold as Economic Pressure Mounts

Iran's currency, the rial, crossed a historical psychological barrier, falling past 2 million rials per U.S. dollar in open-market trading. The record drop marks a...

US Treasury Secretary Bessent Unveils Plan to Sever Iran Access to Global Economy

Treasury Secretary Scott Bessent announced what he called an “unprecedented” US campaign to sever Iran from the global economy, warning that any state doing business with...

World’s 2nd Most Powerful Military Sends Six Advanced J-16 Fighter Jets To Africa’s Strongest Military

At least six of the advanced twin-engine fighters arrived in Egypt to participate in the Eagles of Civilisation 2026 joint air exercise, which runs...

AI-Driven Chip Boom Lifts South Korea Current Account to Record

South Korea’s current-account surplus widened to a record for a second straight month as booming semiconductor exports pushed the goods balance to another all-time...

US Submarine Attack on Iranian Navy Ship Off Sri Lanka Leaves at Least 101 People Missing

A United States (US) submarine attack on an Iranian Navy ship off the coast of Sri Lanka has left at least ​101 people missing,...

Pakistan Says Its in ‘Open War’ With Afghanistan After Cross-Border Attacks

A long-running conflict between Pakistan and Afghanistan’s Taliban regime has turned into what Pakistan declared Friday to be “open war,” with attacks reported in...

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