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Sheikha Bodour lauds AUS Intercollegiate Ramadan sports tournament awards

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah (AUS), joined university student athletes from the UAE in celebrating their victories at the Intercollegiate Ramadan Sports Tournament 2024 awards ceremony, reaffirming AUS’ dedication to supporting athletic endeavours and promoting a sense of unity and camaraderie within the student community. Featuring competitions in basketball, volleyball ...

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Gold rises on hopes for Fed rate cut in June, softer dollar

WORLD CAPITALS / WAM Gold prices rose on Monday as renewed bets that the US Federal Reserve would begin cutting interest rates in June and a softer dollar lifted bullion’s appeal, Reuters said. Spot gold was up 0.4% at $2,172.09 per ounce, as of 0350 GMT. Also, US gold futures climbed 0.6% to $2,173.40 per ounce. Spot silver gained 0.2% ...

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Asian shares trade mixed as investors await indications on Fed’s decision

TOKYO / WAM/ AP Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates. Japan’s Nikkei 225 shed 0.7 percent to 40,619.40, as investors sold shares to lock in profits after the benchmark recently hit record highs. Hong Kong’s Hang Seng climbed 0.5 percent to 16,584.22, while the Shanghai Composite ...

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