DUBAI / GULF TIME Emirates Auction celebrated a significant milestone at its 20th-anniversary auction, at the Ras Al Khor Auto Market in Dubai. The physical auction, featuring 77 vehicles from various government agencies, banks, and companies, marked another success for the leading auction house. The event attracted over 300 bidders, comprising a diverse group of companies, traders, and individuals of ...

BLOOMBERG The yen slumped back past 150 per dollar again, raising the risk of government intervention in the currency market and piling pressure on the Bank of Japan (BOJ) to adjust monetary policy. With another rout in US debt amplifying the yield gap to Japan, the currency on Thursday was trading well within the zone that saw authorities wade into ...

BLOOMBERG Stocks tumbled, with Nasdaq index futures losing about 1%, as investors punished companies reporting weaker-than-expected earnings. Meta Inc sank 4% in US pre-market trading after saying it’s at the whim of an uncertain economic environment. Google’s parent Alphabet Inc lost 2.3%, extending a selloff on disappointing cloud figures. Amazon.com Inc, which reports results after the bell, slid 1.5%. The ...