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Finance
Japan Core Inflation Accelerates in June on Rising Oil Costs and Weak Yen
Japan's core inflation accelerated to 1.6 percent in June from 1.4 percent in May as…
Bank of Russia Lowers Key Rate to 14 Percent in Surprise Move
The Bank of Russia cut its benchmark interest rate by 25 basis points to 14…
Bank of Russia Cuts Benchmark Rate to 14% in Surprise Decision
On July 24, 2026, the Bank of Russia lowered its key interest rate by 25…
South Korea Maintains Reduced Fuel Taxes to Support Consumers Until Late September
South Korea's finance ministry announced this week it will extend temporary fuel tax cuts on…
Turkish Central Bank Holds Benchmark Rate Steady at 37 Percent Amid War Risks
On July 23, 2026, the Central Bank of the Republic of Turkey kept its key…
Big Tech AI Costs Escalate as Alphabet Reports First Cash Burn in Quarterly Results
Alphabet's cash burn raises alarm for Big Tech as AI spending climbs with the company…
Alphabet Records First Cash Burn as AI Infrastructure Spending Surges
On July 23, 2026, Alphabet reported a first-ever cash burn of $5.9 billion in the…
First Abu Dhabi Bank Reports AED 10.73 Billion Net Profit for First Half of 2026
First Abu Dhabi Bank said on Wednesday it generated a net profit of AED 10.73…
Falling Food and Transport Costs Drive UK Inflation to 15-Month Low in June
UK inflation eased to a 15-month low in June as the Consumer Prices Index fell…
PayLater Outlines Customer Support Priority in Qatar BNPL Installment Settlements
PayLater has detailed its policy of assisting customers with flexible solutions for installment payments before…
Al Rayan Bank Achieves QR687mn Net Profit in First Half of 2026
Al Rayan Bank reported a QR687mn net profit for H1 2026 on July 21 as…
Qatar Islamic Bank Secures Trio of Top Honours at Euromoney Awards
Qatar Islamic Bank received three Euromoney Awards for Excellence on July 21, 2026, including the…