Business

Dubai rose to seventh in GFCI 39, its highest rank yet, as DIFC growth, deeper sector strength and D33 targets sharpen its place in global finance.

South Korea’s Kospi erased most intraday losses, but Asian equities still ended lower as traders tracked oil, bonds and U.S.-Iran developments.

South Korea opened 2026 with an 11.3 trillion won fiscal surplus as tax revenue rose sharply in January, offsetting higher government spending.

Botswana’s credit downgrade underscores pressure on its diamond-led economy as weak demand, lower revenue, rising debt and falling reserves deepen strain.

South Korea’s economy grew 1% in 2025, Bank of Korea data show, as exports and consumption rose while construction investment slumped.

RBI data show India’s forex reserves rose to a record $728.49bn in the week ended Feb. 27, led by higher gold and foreign currency assets.

China’s top officials pledged stronger tech financing, more balanced trade and capital market reforms, outlining steps on IPO rules, imports and stability.

India’s rupee led Asia’s gains after rebounding from a record low, with RBI action helping steady FX trade amid a stronger dollar and higher oil.

UAE and Japan concluded CEPA negotiations in Tokyo, paving the way for a trade and investment pact aimed at expanding commerce and cooperation across sectors.

UAE Foreign Minister Abdullah bin Zayed met Germany’s Johann Wadephul in Berlin to review ties and discuss regional security and diplomacy.