Oil prices jump on report of Israel prepping Iran strike

There are fears that such a sharp escalation could tip the Middle East into a war, with tensions already high over Israel's strikes on Gaza.

While safe haven gold pushed higher, the news from CNN appeared to be having little detrimental effect on Asian equities, with most extending the previous day's rally.

Etihad Q1 profit $187 million

Total revenue saw a 15 percent rise compared to Q1 2024, supported by both passenger and cargo business.

With nearly 20 million passengers carried over the last 12 months, Etihad is the fastest-growing airline in the region.

Yalla Group Q1 revenue $83m

The New Travel Mindset: Local Living and Smarter Tech

Japan, Korea, Singapore, Malaysia, and Thailand are growing heavily from this region as connectivity improves.

Europe remains strong, but even in Europe, they're exploring more. Before, it was much more London only.

Nvidia unveils plan for Taiwan’s first ‘AI supercomputer’

Taiwan produces the bulk of the world's most advanced chips, including those needed for the most powerful AI applications and research.

TSMC, the Taiwanese contract chipmaking giant, has unveiled plans to inject an additional US$100 billion into the United States, on top of the US$65 billion already pledged.

Qatar Airways annual profit $2bn

Qatar Airways Cargo, the group's air freight service, saw revenues increase by 17 percent on the year before, the airline said.

In 2024, the Qatari airline reported a $1.7 billion net profit following an annual increase of 39 percent, another record.

General Gulf inflation rate logs 1.7% by end of Dec 2024

The increase is primarily driven by a 5.9 percent increase in housing prices and a 2.8 percent rise in the prices of goods and services.

The culture and entertainment group recorded a 1.8 percent increase, while both the food and beverages group and the education group rose by 1.2 percent each.

EGA advances plans to build new US aluminum plant

The plant is expected to have a production capacity of 600 thousand tons of primary aluminum per year.

Some 85 per cent of the aluminum needs of American industries, from automotive to aviation and construction, are currently met by imports.

US stocks move sideways but poised for weekly gains

The broad-based S&P 500 added 0.1 percent at 5,923.30, while the tech-rich Nasdaq Composite Index gained 0.2 percent to 19,146.48.

Broadband and cable company Charter Communications gained 2.5 percent after announcing a deal to acquire Cox Communications for $34.5 billion.

Masdar issues $1bn bond

The bond was issued in two equal tranches of US$500 million, with tenors of 5 and 10 years and coupons of 4.875% and 5.375%.

The bond attracted significant oversubscription with a peak orderbook of US$6.6 billion.