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Yen Bears Retreat as Intervention Seen Capping Currency Weakness
Bearish yen positions have seen a significant reduction after Japanese authorities intervened to support the currency, underscoring how official action is unwinding a crowded trade.
Former Treasury economist warns Australia faces biggest housing market correction in 40 years amid rate hikes and recession fears
Former Treasury economist warns Australia faces biggest housing market correction in 40 years amid rate hikes and recession fears READ MORE: The seven Aussie banks bucking the trend and cutting ratesBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 01:56, 11 May 2026 | Updated: 01:56, 11 May 2026 e-mail View comments
Pudsey Bear to speak for the first time in more than 40 years
The iconic BBC Children in Need mascot will appear in a short film, 'Pudsey Finds His Voice', alongside 11-year-old actor Dexter Sol Ansell during Mental Health Awareness Week.
Oil prices jump after Trump dismisses Iran proposal to end war
Oil prices jump after Trump dismisses Iran proposal to end war22 minutes agoShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterAFP via Getty ImagesOil prices rose in Monday morning trade in Asia after President Donald Trump said Iran's response to US proposals to end the war was "totally unacceptable".Tehran sent its response via Pakistan, which has served as a mediator between the two sides, calling for an immediate end to the conflict and guarantees of no further US-...
UAE e-invoicing deadline extended: What this means for businesses now
Dubai: UAE businesses now have extra time to prepare for the country’s mandatory e-invoicing system after authorities extended the deadline for appointing an accredited service provider (ASP) to October 30, 2026.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The Ministry of Finance announced the extension as companies across sectors continue preparing for one of the biggest changes to the UAE’s tax and invoicing framework in recent years. The earlier deadline...
UAE property buyers stay in the market despite regional tensions
Dubai: UAE property buyers are taking longer to make decisions as regional uncertainty weighs on sentiment, with nearly 45% of market participants still planning to buy a home within the next 12 months.Sign up for our daily business newsletter, Cheques & Balances.The bigger signal for buyers is that this slowdown is not being driven by distressed owners rushing to sell. More than 60% of existing property owners plan to hold or expand their portfolios over the next six months, while only around 4...
Britain to lose 163,000 jobs amid Iran war fallout - with two UK regions hit the hardest
Two of the UK's lowest income regions will suffer the most painful jobs market woes in 2026, driven by sharp energy price rises and supply chain disruption from the Iran war, a new report suggests
TikTok creator's online fundraiser to buy Spirit Airlines raises over $335 million
TikTok creators online fundraiser to buy Spirit Airlines raises over million
Savage bloodbath expected with 163,000 jobs at risk in biggest work calamity since the pandemic
Savage bloodbath expected with 163,000 jobs at risk in biggest work calamity since the pandemicGet your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Published: 00:13, 11 May 2026 | Updated: 00:16, 11 May 2026 e-mail View comments
Reitan earns maiden PGA win as Fitzpatrick falters
Reitan earns maiden PGA win as Fitzpatrick faltersImage source, Getty ImagesImage caption, Kristoffer Reitan is the second Norwegian to win a PGA event after Viktor HovlandByBen CollinsBBC Sport journalistPublished5 minutes agoTruist Championship final leaderboard-15 K Reitan (Nor); -13 N Hojgaard (Den), R Fowler (US), -12 A Fitzpatrick (Eng); -11 JJ Spaun (US), SJ Im (Kor), T Fleetwood (Eng)Selected others: -10 H Hall (Eng); -9 C Young (US); -5 R McIlroy (NI); -2 M Wallace (Eng); -1 J Rose (Eng...
PM Modi pushes for cut in fuel use & gold buying, favours work from home
Amid global energy disruptions, PM Modi urged Indians to conserve foreign exchange by reducing reliance on imported fuel. He advocated for public transport, work-from-home, avoiding overseas trips and non-essential gold purchases for a year. The Prime Minister also encouraged farmers to halve chemical fertilizer use and shift towards natural farming.
World Cup ticket warning as grim stats show how much scammers cost fans
Social media scammers are targeting football fans by flogging non-existant World Cup tickets, the Home Office has warned - with fans losing hundreds of pounds this season
Households stashing ’emergency’ supplies of cash, torches and tinned goods
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Share of off-plan home sales ‘at lowest level in more than a decade’
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Nearly four in 10 adults ‘have no idea how much money their friends earn’
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Average expected Father’s Day spend ‘nearly £15 higher than spending on mothers’
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UK set to shed 163,000 jobs amid Iran war fallout – report
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Britons could gain £3,500 by letting bank app give money tips, study finds
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Ex-Citadel Securities Quant Triples Assets at China Hedge Fund
A former Asia quant research chief at Citadel Securities LLC has more than tripled assets at his China hedge fund in recent months, as the firm boosted fundraising after building up a strong track record.
Gold Falls as Trump Rejection of Iran Offer Fans Inflation Fears
Gold fell as President Donald Trump rejected Iran’s latest peace offer to end the 10-week conflict choking the Strait of Hormuz, fanning inflation fears as weekend clashes in the Middle East threatened a fragile ceasefire.