ByteDance founder Zhang Yiming becomes China’s richest person at $57.5 billion
Zhang, who now resides in Singapore, built his fortune solely through his 21% stake in ByteDance
Trump open to trade deals after reciprocal tariffs take effect
Trump says that any such agreements would only be considered after the reciprocal tariffs take effect on April 2
Legal challenges mount against Musk’s $44 billion Twitter deal
A U.S. District Judge rules that Musk allegedly committed fraud via improper filings, misleading statements, and a secret Twitter stake buildup
Elon Musk’s X recovers after brief U.S. outage
This marks the second outage in two days for X, owned by Elon Musk, following a disruption on Thursday that also affected Reddit
Google to pay $100 million to settle advertisers’ class action
Google has agreed to pay $100 million in cash to settle a long-running lawsuit claiming it overcharged advertisers by failing to provide...
Global LNG: Asian spot LNG prices at nearly 6-month low on muted Chinese demand
LONDON: Asian spot liquefied natural gas (LNG) prices were at their lowest level in nearly six months amid muted demand in China...
New symbol revealed for UAE dirham in physical, digital forms
Central Bank of the UAE introduces new currency symbol and digital version to enhance global competitiveness and financial innovation
Most Gulf markets rebound amid US tariff news
Most stock markets in the Gulf ended higher on Thursday, reversing early losses, as investors assess the impact of U.S. President Donald...
UK slashes growth forecast, cuts public spending
LONDON: The UK government halved its 2025 growth forecast on Wednesday as it made billions of pounds of spendings cuts to shore...
New Delhi aims to secure $93.34 billion via bond sales
This borrowing plan is below market expectations of 56%-59% of the $172.89 billion full-year target
New U.S. tariffs keep oil prices near one-month highs
Brent crude futures dip slightly by 14 cents to $73.65 per barrel, while U.S. West Texas Intermediate crude futures fall 11 cents to $69.54
Bill Gates predicts AI will replace humans in most jobs within a decade
Over the next decade, AI will make great medical advice and tutoring free and widely available, says Bill Gates
Amazon, Flipkart warehouses raided as Indian regulators tighten oversight
This follows similar inspections in Tamil Nadu earlier this month, where the agency found uncertified goods being stored and sold
Trump considers tariff cuts to secure TikTok sale deal
ByteDance faces an April 5 deadline to divest TikTok’s U.S. operations or risk a ban under a 2024 law citing national security concerns
Trump expands trade war with 25% tariff on foreign-made vehicles
The tariffs extend to key automotive parts, imposing duties on engines, transmissions, powertrain components, and electrical systems