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Global stocks steady as investors brace for Fed meet, tariff deadline

Gulf Today

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July 31, 2025

Equities were modestly higher on Wednesday while the US dollar advanced as investors digested the latest economic data and waited for the Federal Reserve's policy announcement, which will be followed by key corporate earnings reports due later on Wednesday. Investors appeared to shrug off the latest trade news.

Global stocks steady as investors brace for Fed meet, tariff deadline

US President Donald Trump on Wednesday announced a 25% tariff on US imports from India starting on Aug. 1 and that the country would also face an unspecified penalty on the same day. This was after talks between the US and China concluded without any major breakthroughs.

In the latest data reports, US economic growth rebounded more than expected in the second quarter, but that grossly overstated the economy's health as declining imports accounted for the bulk of the improvement and domestic demand rose at its slowest pace in 2-1/2 years.

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Gulf Today

Deal to drive innovation in trade facilitation

LONDON: Abu Dhabi Customs and the UK-based Competere Group, a leading consultancy in economic policy and trade law, have signed a cooperation agreement to promote innovation in trade facilitation and enhance global competitiveness.

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1 min

October 12, 2025

Gulf Today

Turkey's global reserves hit record high of $186.2 billion

The Turkish Central Bank's official international reserves reached a new all-time high of $186.2 billion as of October 3, according to official figures.

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1 min

October 12, 2025

Gulf Today

Sharjah children's film fest celebrates Korean culture

The Sharjah International Film Festival for Children and Youth (SIFF) celebrated South Korea on Friday as the Guest of Honour for its 12th edition.

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2 mins

October 12, 2025

Gulf Today

PepsiCo beats Q3 estimates on steady demand

PepsiCo topped Wall Street expectations for third-quarter revenue and profit, helped by steady demand for its snacks and sodas in key international markets and strength in its healthier drinks category in the United States.

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1 min

October 12, 2025

Gulf Today

Man told to pay Dhs39.7m to brother, sister-in-law

The Dubai Civil Court has ordered a Gulf national to pay Dhs39.7 million to his brother and his sister-in-law.

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2 mins

October 12, 2025

Gulf Today

China issues bounty for Taiwan officers for 'separatism'

Chinese police on Saturday offered rewards of $1,400 for information about 18 people it said were Taiwanese military psychological operations officers spreading \"separatist\" messages, a day after Taiwan pledged to boost its defences.

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1 mins

October 12, 2025

Gulf Today

Gulf Today

Spinners keep India in command after Gill's ton against West Indies

Ravindra Jadeja and Kuldeep Yadav took four wickets collectively as India strengthened their position in the second Test by reducing West Indies to 140/4 in 43 overs, trailing by 378 runs at the Arun Jaitley Stadium.

time to read

3 mins

October 12, 2025

Gulf Today

Gulf Today

World FZO Congress highlights role of digitisation, sustainability

The World Free Zones Organization's (World FZO) 11th annual World Congress continued on Saturday in Haikou, China, focusing on digitisation and sustainability as drivers of the next generation of free zones.

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3 mins

October 12, 2025

Gulf Today

Gulf Today

Al Jazira jiu-jitsu club take lead on Day 2

The eighth and final round of the second edition of the Khaled Bin Mohamed Bin Zayed Jiu-Jitsu Championship continued on Saturday at Mubadala Arena in Zayed Sports City, Abu Dhabi.

time to read

2 mins

October 12, 2025

Gulf Today

SIH celebrates contribution of Emirati women

The Sharjah Institute for Heritage (SIH) - Dibba Al Hisn branch continues to host the \"Naqshat Al Noon\" activities at the Heritage Village in Al Hisn, celebrating the contributions of Emirati women in preserving traditional crafts and passing them down through generations.

time to read

1 min

October 12, 2025

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