TOKYO: Japan posted a current account surplus of 3.93 trillion yen, or about $24.8 billion, in February, as strong returns on overseas investments helped offset softer trade-related gains and a continued shortfall in services. Preliminary balance of payments data released by the Ministry of Finance showed the surplus was nearly unchanged from a year earlier,…
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices for major global financial assets weighed on the value of the country’s reserve holdings. The March total was down $85.7 billion, or 2.5%, from the end of February,…
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The Nikkei 225 closed down 0.73% at 55,895.32, while the broader Topix lost 0.9% to 3,741.47. The retreat ended…
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the Regional Connectivity Fund for Energy in Southeast Asia, is aimed at advancing the ASEAN Power Grid, the regional…
SHENZHEN: Shenzhen Port handled 8.5227 million foreign-trade containers measured in TEUs in the first quarter of 2026, official customs data showed, as one of China’s biggest maritime gateways posted steady year-on-year growth at the start of the year. The quarter’s throughput was up 7.81% from a year earlier, lifting the southern port complex above the…
ANKARA: Türkiye has raised electricity and natural gas prices for households and several business categories, with the biggest increases reaching 25% and taking effect on April 4. The Energy Market Regulatory Authority said residential electricity tariffs rose 25%, while prices increased 17.5% for public and private services, 5.8% for industrial users and 24.8% for agricultural activities.…
Sports
DUBAI, March 28, 2026: American colt Magnitude won the 30th Dubai World Cup on Saturday night at Meydan Racecourse, delivering a commanding performance in the emirate’s flagship horse racing event and handing the United States its ninth victory in the history of the race. Owned by Winchell Thoroughbreds LLC, the four-year-old prevailed in the Group 1 contest over 2,000 metres on dirt, defeating a field of…
DUBAI: Tallon Griekspoor will face former world No. 1 Daniil Medvedev in the men’s singles final of the Dubai Duty Free Tennis Championships after both players won their semifinals on Friday at the ATP 500 event. Griekspoor, ranked 25th, reached his first Dubai final by beating fifth seed Andrey Rublev 7-5, 7-6(6). Medvedev, the third seed and world No. 11, advanced with a 6-4, 6-2 win…
PALLEKELE: Pakistan batter Babar Azam made 25 off 24 balls as England beat Pakistan by two wickets on Feb. 24 in a Super Eight match at the ICC Men’s T20 World Cup, with England captain Harry Brook striking 100 off 50 deliveries to clinch a semi-final place. Pakistan posted 164-9 after choosing to bat, then had England 35-3 before Brook’s innings swung the chase, which…
DUBAI: Jessica Pegula captured her first Dubai Duty Free Tennis Championships crown on Saturday, beating two-time champion Elina Svitolina 6-2, 6-4 in the women’s singles final to secure an early birthday milestone at a WTA 1000 event. Pegula, ranked No. 5, closed out the match in 73 minutes under the lights at Dubai Duty Free Tennis Stadium, lifting the tournament’s silver coffee pot trophy.…
India’s World Cup fixture with Pakistan was never at risk as ICC schedules, broadcast economics and neutral venues left no scope for disruption.
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 technology stack, aiming to streamline operations and enhance customer experiences across its platform.…
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 the design of these unique sneakers. The HIGHArt Campus sneaker is a masterpiece…
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 it has today? The answer lies in a confluence of elements — ranging…
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 made even more poignant as Vanessa Bryant, Kobe’s widow, collaborated with Nike Basketball on…
Fashion is not merely an industry, but a reflection of society’s heartbeat at any given point in history. From the streets of Paris to the runways of Milan, fashion is a universal language spoken with fabrics, patterns, and trends. But with terms like ‘label’, ‘luxury’, and ‘designer’ thrown into the mix, it’s important…
Global Sports Brand Targets Goal of $3 Billion WEST PALM BEACH, FL / ACCESSWIRE / June 6, 2023 / USPA Global Licensing Inc. (USPAGL) has announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has shattered the $2 billion milestone, delivering a record $2.3 billion in global retail sales in…
Sport-Inspired Brand Brings the Seasons to Life with Global Photo Shoot in Santa Barbara, Calif. WEST PALM BEACH, FL / ACCESSWIRE / April 4, 2023 / U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has launched its iconic, sport-inspired Spring-Summer Collection for 2023. The brand’s global photo shoot took place…
The world’s most immersive mega-coaster, Mission Ferrari, will debut at Ferrari World Abu Dhabi on 12th January, 2023. As a result of this new addition, the World’s Leading Theme Park will offer even more Ferrari-inspired rides and attractions for adults and children alike. The highly anticipated launch of Mission Ferrari will be available…