Browsing: Business

Indian Rice Exporters Federation says a member firm signed a deal to ship 5,000 tonnes of premium basmati rice from India to a U.S. buyer, after tariff changes.

From 2020-2025, top 10 central bank buyers added about 1,675 tonnes of gold, while the top sellers cut roughly 205 tonnes, according to World Gold Council data.

South Africa’s unemployment rate fell to 31.4% in Q4 2025, the lowest since 2020, as employment rose to 17.1m, Statistics SA said. Labour force fell 128,000 net.

Japan’s economy grew at a 0.2% annualized pace in Q4 2025, rebounding from the prior quarter, as consumption and business spending inched higher as exports fell.

Gold dropped more than 2% to its lowest since Feb 6 as a firmer dollar and holiday closures hit liquidity, pulling silver, platinum and palladium lower in Asia.

India’s cabinet approved the ₹10,000 crore Startup India Fund of Funds 2.0, a $1.1B boost to mobilize venture capital for startups, deep tech, and manufacturing.

Air Arabia reported record 2025 pre-tax profit of AED 1.8bn, revenue of AED 7.78bn, and a proposed 30 fils dividend, pending approval. Passengers reached 21.8m.

Silver tumbled over 10% in New York as strong U.S. jobs data boosted the dollar, with higher COMEX margins and volatility weighing on futures trading at noon ET.

Vietnam approved a steel industry strategy to meet 80-85% of domestic demand by 2030, targeting 25-26m tonnes crude steel and 32-33m finished steel via QD 261.

Central Bank of the UAE clears DDSC dirham stablecoin on ADI Chain with IHC, Sirius and First Abu Dhabi Bank, focusing on payments, treasury and trade at launch.