April 21, 2026
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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

UAE president and EU Council chief discuss regional security

South Korea auto exports rise on March hybrid demand

Sheikh Khaled begins Beijing visit to deepen UAE-China ties

Tag : mena newswire

Business

Bank of Korea keeps rate at 2.5% for seventh hold

omandailynews.com
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure, weaker growth risks and heightened market volatility. The decision by the seven-member Monetary Policy Board......
Business

China inflation hits 1% in March as PPI turns positive

omandailynews.com
BEIJING: China’s consumer inflation rose 1.0% in March from a year earlier, official data showed on Friday, easing from February’s 1.3% increase as spending cooled after the Lunar New Year holiday period. On a month-on-month basis, the consumer price index fell 0.7%, reversing February’s 1.0% rise. For the first quarter, consumer prices were......
News

UAE president hosts UK PM for regional security talks

omandailynews.com
ABU DHABI: United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan received British Prime Minister Keir Starmer in Abu Dhabi on Thursday for talks focused on Middle East developments, regional security and the broader UAE-UK relationship. The meeting brought together two close partners at a time of heightened concern over security in......
News

Bahrain and UK review regional tensions and economic risks

omandailynews.com
MANAMA: Bahrain and the United Kingdom said after meetings in Manama that they had reviewed regional and international developments, with both sides emphasizing the security and economic fallout from the current crisis and the need to support stability. King Hamad bin Isa Al Khalifa met British Prime Minister Keir Starmer on Friday,......
Business

Gold steadies as markets watch US-Iran talks

omandailynews.com
ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that could shape the Federal Reserve’s next move on interest rates. The metal stayed range-bound after a volatile week in which easing fears over a wider......
Business

Nikkei falls as caution returns to Tokyo stocks

omandailynews.com
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The Nikkei 225 closed down 0.73% at 55,895.32, while the broader Topix lost 0.9% to 3,741.47.......
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

ADB unveils fund to speed ASEAN power grid plans

omandailynews.com
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the Regional Connectivity Fund for Energy in Southeast Asia, is aimed at advancing the ASEAN Power......
Business

Shenzhen Port tops 8.52 million TEUs in first quarter

omandailynews.com
SHENZHEN: Shenzhen Port handled 8.5227 million foreign-trade containers measured in TEUs in the first quarter of 2026, official customs data showed, as one of China’s biggest maritime gateways posted steady year-on-year growth at the start of the year. The quarter’s throughput was up 7.81% from a year earlier, lifting the southern port......