April 22, 2026
Trending now

flydubai adds daily Dubai Bangkok flights from July

UAE and Albania leaders deepen bilateral ties

Apple names John Ternus CEO as Tim Cook shifts roles

Sabah fire destroys 1,000 homes and displaces thousands

UAE and UK foreign ministers review regional tensions

Etihad expands Africa network with six new routes

Japan defense budget nears 2% of GDP in fiscal 2026

UAE economy extends global rise on strong 2026 data

Malaysia halal exports rise 10.9% to RM68.52 billion

RideFlux wins South Korea’s first paid freight permit

Tag : macroeconomy

Business

China forex reserves fall in March to $3.34 trillion

omandailynews.com
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices for major global financial assets weighed on the value of the country’s reserve holdings. The March total was down $85.7 billion, or 2.5%, from the......
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

omandailynews.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary Policy Board said it would hold the current level while assessing developments in......