SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary Policy Board said it would hold the current level while assessing developments in domestic and external policy environments, including shifting global market conditions…
Business
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate…
HARARE: Zimbabwe has suspended the export of all raw minerals and lithium concentrates with immediate effect, the Ministry of Mines…
NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral…
NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds…
SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said…
CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it…
EuroWire, PETROPAVLOVSK-KAMCHATSKY: The 6th Sustainable Development Forum is scheduled to be held in Petropavlovsk-Kamchatsky from Feb. 17 to Feb.…
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport…
MENA Newswire, SEOUL: South Korea’s consumer inflation eased to 2.0% in January from 2.3% in December, as measured by the consumer price…
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services…
Health
LONDON, December 7, 2025: A new study suggests that lecanemab, an Alzheimer’s drug previously deemed too expensive for use…
STANFORD, California, December 2, 2025: Researchers at Stanford Medicine have reported a significant advance in the treatment of Type…
LUGANO, Switzerland, November 29, 2025: Tattoo ink can migrate through the body, damage immune cells, and alter vaccine responses, according…
BOISE, Idaho, October 27, 2025: Idaho has enacted a first-of-its-kind state law that bans nearly all vaccine mandates, a move…
Sports
PALLEKELE: Pakistan batter Babar Azam made 25 off 24 balls as England beat Pakistan by two wickets on Feb. 24 in…
DUBAI: Jessica Pegula captured her first Dubai Duty Free Tennis Championships crown on Saturday, beating two-time champion Elina Svitolina 6-2,…
MENA Newswire, RABAT: Egypt and Nigeria secured places in the quarter-finals of the CAF Africa Cup of Nations on Tuesday after winning their respective…
ABU DHABI, December 23, 2025: Canadian tennis player Victoria Mboko has been named the Women’s Tennis Association (WTA) Newcomer of the…
DOHA, Qatar, December 18, 2025: French forward Ousmane Dembélé was named The Best FIFA Men’s Player 2025 at the annual awards ceremony in Doha on Monday, marking…
TASHKENT, December 13, 2025: Mohammed Ben Sulayem has been re-elected as President of the Fédération Internationale de l’Automobile (FIA), the…
Automotive
MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to its flagship luxury sedan, adding new lighting signatures, a revised cabin technology stack and expanded personalization choices. The automaker said the model introduces an illuminated front grille with three-dimensional chrome star accents, and for the first time offers an illuminated standing Mercedes-Benz star…
MENA Newswire, DETROIT: Ford Motor Co. is recalling about 119,000 vehicles in the United States after federal safety regulators said a defect in certain engine block heaters can raise the risk of an under-hood fire when the heater is plugged in. The recall covers some Ford and Lincoln vehicles equipped with 2.0-liter engines, according to the National Highway Traffic…
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda. The European Commission is preparing to revise the existing regulation that requires all new cars sold from 2035…
SHANGHAI, December 3, 2025: Tesla reported a 9.9 percent year-on-year increase in sales of its China-made electric vehicles (EVs) in November, marking the company’s strongest growth in more than a year, according to data released by the China Passenger Car Association (CPCA). The U.S. automaker sold 86,700 vehicles produced at its Shanghai Gigafactory during the month, covering both domestic…
Luxury
In the vast universe of luxury brands, Rolex occupies a unique celestial body, twinkling with prestige, precision, and timeless allure.…
Luxury fashion brand Gucci has appointed actor Alia Bhatt as its global ambassador, making her the first Indian…
MENA Newswire: Geneva, Swtizerland: A new Swiss-made automatic wristwatch manufactured in Geneva by Montres Etoile is making waves…
The Rock, an egg-sized white diamond billed as the largest of its kind to be auctioned, sold for…