WORLD CAPITALS / WAM Gold prices rose to a record high on Monday, as a softer US inflation reading cemented bets that the Federal Reserve would deliver its first interest rate cut of the year in June. According to Reuters, spot gold was up 1.2% at $2,258.12 per ounce, as of 0529 GMT, after hitting an all-time high of $2,265.49 …

BANGKOK / WAM Asian shares were mixed on Monday, with Shanghai gaining 1 percent after surveys showed improvements in manufacturing conditions in China, according to an Associated Press (AP) report. Sydney and Hong Kong were closed for the Easter Monday holiday. Tokyo’s Nikkei 225 fell 1.4 percent, to 39,803.09, after a Bank of Japan quarterly survey on business conditions showed …

DUBAI/ WAM Dubai Land Department (DLD) has initiated the initial phase of a sequence of strategic collaborations with nine developers to fortify the “Dubai Real Estate Programme”. This endeavour underscores DLD’s dedication to nurturing a proficient citizenry adept in professional ethics and principles, thus enabling them to lead the trajectory of evolution and advancement in the real estate sector. The …