Dubai’s real estate market, fresh off a record-breaking run in 2025, is now facing a critical test as escalating tensions in West Asia rattle investor confidence. The emirate had seen transactions worth $250 billion alongside a sharp 50–70% price surge over the past few years, fuelling concerns of overheating even before the conflict began. The
Gold prices took a more than 2% hit on Thursday as crude oil’s climb back above $100 a barrel sparked fresh inflation fears, leading investors to largely discount the possibility of US interest rate cuts this year. Meanwhile, silver on COMEX also plunged nearly 7%, pressured by rising Treasury yields and a firmer dollar. Both
US jobless claims rose slightly last week, suggesting that while hiring has slowed, employers are still holding back from large-scale layoffs in an increasingly uncertain economic environment. Data released by the Labor Department showed that initial claims for unemployment benefits rose to 210,000 in the week ending March 21, up from 205,000 a week earlier.
Three and a half weeks after the Strait of Hormuz’s closure, a clear divergence is emerging in global oil flows, with crude shipments plummeting to historic lows while clean product loadings surge, particularly from the Atlantic Basin, as traders capitalise on price dislocations to resupply markets, according to a Vortexa analysis. The Middle East Gulf
Shares of Olaplex Holdings surged sharply on Thursday after German consumer goods giant Henkel agreed to acquire the prestige hair care brand in a deal valued at approximately $1.4 billion, marking a significant turnaround moment for the struggling company. The stock jumped more than 50%, putting it on track for its largest single-day percentage gain
Bhutan has continued to reduce its Bitcoin exposure in March, moving fresh funds from a state-linked wallet. Data tracked by Arkham shows the latest transfer took place on Wednesday, adding to a series of transactions that have steadily lowered the country’s holdings since late 2024. The move highlights how Bhutan is actively managing its digital
Wall Street opened higher on Wednesday as hopes of a potential de-escalation in the Middle East conflict boosted investor sentiment and eased concerns over energy supply disruptions. The Dow Jones Industrial Average index rose 1.17% or 538 points, while the S&P 500 and Nasdaq 100 gained around 1.03% and 1.08%, respectively. Small-cap stocks also advanced,
Shares of Robinhood Markets rose 7% on Wednesday after the company approved a $1.5 billion share repurchase program, signaling confidence in its long-term growth prospects despite recent volatility. The announcement comes at a time when the stock has faced pressure amid broader weakness in equities and crypto markets, even as the company continues to expand
Meta Platforms stock price has dropped into a technical bear market after falling by over 25% from its highest point last year. It dropped to $592 on Thursday, its lowest level since November 24. Meta Platforms stock dips amid elevated AI spending Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has tumbled in
The S&P 500 Index and its top ETFs, such as Vanguard’s VOO and State Street’s SPY, have declined sharply in the past few days. They have dropped by over 6.45% from the highest point this year. Also, they have been hovering at the lowest level since November last year. This article explores some of the