South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI
South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers' strike led to the worst slump in demand in 2-1/2 years. The S&P Global (NYSE:SPGI) purchasing managers'...
UAE’s Visa Amnesty: Key Benefits and Support for Pakistanis
UAE’s New Visa Amnesty: A Major Benefit for Pakistanis
Extended Support from Pakistani Missions
The Pakistani Embassy in Abu Dhabi and the Consulate General in Dubai have announced extended support for Pakistani nationals in the UAE, following the UAE’s introduction of a new visa amnesty scheme....
Asia FX Heads For Weekly Bounce, Dollar at 7-Mth Low on Easing Inflation
Most Asian currencies crept higher on Friday and were headed for steep weekly gains on the prospect of an eventual shift in the Federal Reserve’s hawkish stance, which also pushed the dollar to a seven-month low. The Japanese yen rose 0.1% to an over...
Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes
Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, with markets now awaiting fresh cues on U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. Regional currencies came under pressure...
Dow Futures Dip After Positive Week
U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher as investors proved optimistic amid potentially smaller interest rate hikes from Federal Reserve policymakers. By 6:36pm ET (11:36pm GMT) Dow Jones Futures were down...
FDA Adds Warning to J&J Vaccine Over Very Rare Side Effect
Guillain-Barré syndrome is a very rare side effect known to occur after other infections and vaccinations.There have been 100 reports of Guillain-Barré syndrome out of the 12.8 million people who have been vaccinated with the one-dose Johnson & Johnson (J&J) vaccine.Health experts widely agree...
Biggest opening day for Myntra’s Big Fashion Festival with 19 mn visitors
Walmart-owned Myntra said that its online sale event Big Fashion Festival (BFF), has been off to an incredible start, with the ongoing event recording purchase of nearly 600,000 items in the first hour. The opening day saw an overwhelming response with about 19 million visitors from...
Orbán wants a Chinese university in Hungary. Opponents see a chance to turn his nationalist rhetoric against him
A derelict plot on the banks of the Danube River in Budapest, Hungary, might seem like an unusual epicenter for a political earthquake.But that was before Prime Minister Viktor Orbán's populist government announced a controversial planfor a prestigious Shanghai university to open its first...
Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year largely offset fears that a global economic slowdown will dent crude markets. Markets are betting on a strong boost...
France’s Macron Discussed Twitter Content Rules in Meeting With Musk
Emmanuel Macron said he had a "clear and honest" discussion with Twitter owner Elon Musk about the social media platform's content moderation policies, just a day after the French president had flagged his concerns on the issue. "Transparent user policies, significant reinforcement of content...