Business
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…
NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds 2.0 with a corpus of ₹10,000 crore (about $1.1 billion) to mobilize venture capital for the country’s startup ecosystem, the government said…
SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend of 30 fils per share, subject to shareholder approval. The Sharjah-headquartered low-cost airline said the results…
CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on ADI Chain, the companies behind the project said on February 11, 2026. The approval adds another regulated digital…
Travel
HANOI: Vietnam recorded its strongest ever month for inbound tourism in January 2026,…
WASHINGTON: The U.S. State Department will begin an indefinite suspension of immigrant visa processing…
MENA Newswire, HANOI: Vietnam’s tourism sector is accelerating a transition toward greener and…
DUBAI, Nov 11: Dubai-based airline flydubai has signed the International Air Transport Association (IATA)…
Technology
NEW DELHI: Prime Minister Shri Narendra Modi on Thursday called for a human centric global artificial intelligence ecosystem and urged governments and companies to build safeguards that keep AI transparent, accountable and aligned with human values. Speaking at the Leaders’ Plenary Session of the India AI Impact Summit 2026, Modi said AI should…
Automotive
Lifestyle
Fresha, a leading global booking platform for lifestyle services, announced today that it has secured a $31 million investment from JP Morgan to enhance its machine learning and AI-driven robotics capabilities. This financial backing will enable Fresha to innovate further within its…
Adidas Originals and Highsnobiety, a prominent platform in fashion, design, and culture, have announced the launch of their limited-edition HIGHArt Campus sneaker. This collaboration represents a fusion of art and style, as Highsnobiety’s HIGHArt, an online showcase of products and stories, inspires…
In a world where we are inundated with options for almost everything, the name Starbucks stands out as the epitome of coffee culture, connecting billions of people across diverse geographies. How did a single coffeehouse chain from Seattle gain the global notoriety…
On August 23, which would have been Kobe Bryant’s birthday, Nike released a revamped classic: the Kobe 8 Protro Halo. This shoe isn’t just another pair of kicks — it’s a tribute to a basketball legend and his “Black Mamba” identity. The release was…