Markets

Brent Crude Settles at $87.69 as Global Oil Prices Decline

Oil prices fell on August 13, 2026, with the Brent benchmark dropping to $87.69 a…

India Poised to Meet All Aviation Fuel Needs by 2050 With Domestic Synthetic Alternative

A report published in June by the India Energy and Climate Center at UC Berkeley…

UAE Leads Global Post-Pandemic Hiring Rebound With Strong 2025 Gains

The UAE has recorded one of the strongest post-pandemic hiring recoveries worldwide as of August…

ADX Reports AED171bn Trading Value and Rising Foreign Role in First-Half 2026

The Abu Dhabi Securities Exchange recorded a market capitalisation of AED2.8 trillion and trading value…

Profit-Taking Drives Gold Lower After Hitting Highest Level Since Mid-June

Gold drifted lower from a seven-week peak on August 10, 2026, as investors secured profits…

South Korean Vegetable and Seafood Costs Spike as Heat Wave Hits Farms

Retail prices for spinach, cucumbers and other staples in South Korea have risen by as…

Iraqi Oil Exports Halve as Minister Cites Strait of Hormuz Closure

Iraqi crude oil exports have plunged from 3.4 million barrels per day to between 1.5…

Reliance Pays Record Sum for Supertanker to Lift Iraqi Crude

On August 8, 2026, Reliance Industries booked a supertanker at a record charter cost of…

Eurozone Services Output Rises as Economic Indicators Show Divergence

Services production increased by 0.8 percent in May in both the euro area and the…

Global Downloads of Korean Mobile Apps Generate US$69 bn in Revenues in 2025

Global downloads of South Korean mobile apps reached 1.8 billion in 2025, outpacing domestic installs…

ADNOC L&S Acquires 11 Crude and Gas Carriers for $1.3 Billion Fleet Boost

ADNOC Logistics & Services announced on August 7, 2026, a $1.3 billion acquisition of 11…

US Dollar Edges Higher Amid Geopolitical and Policy Concerns

The US dollar drifted higher on Friday as traders responded to latest inflation data and…