April 16, 2026
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Sheikh Khaled begins Beijing visit to deepen UAE-China ties

UAE and Italy leaders discuss security and cooperation

China auto output and sales jump in March

Bank of Korea keeps rate at 2.5% for seventh hold

Abdullah bin Zayed, Kaja Kallas review UAE-EU ties

China inflation hits 1% in March as PPI turns positive

UAE president hosts UK PM for regional security talks

Bahrain and UK review regional tensions and economic risks

Gold steadies as markets watch US-Iran talks

Nikkei falls as caution returns to Tokyo stocks

Tag : foreign currency assets

Business

South Korea central bank hits record annual profit

omandailynews.com
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains on foreign-currency assets and stronger securities prices lifted results. The total marked a 96.03% increase from 2024 and surpassed the central bank’s previous high of......
Business

India forex reserves hit record $728.49bn on RBI data

omandailynews.com
MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a week earlier, reversing the prior week’s decline. India’s forex reserves comprise foreign currency assets, gold,......