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Thailand Central Bank Tightens Scrutiny of FX Inflows After Baht’s Rapid Strength

Thailand’s central bank ordered stricter checks on foreign-exchange transactions involving dollar sales, especially those related to gold, to curb inflows after the baht’s rapid gains this month.

Thailand’s central bank ordered stricter checks on foreign-exchange transactions involving dollar sales, especially those related to gold, to curb inflows after the baht’s rapid gains this month.

Kering to Get $690 Million From NY Property Stake Sale to Ardian

Gucci owner Kering SA will get $690 million following its sale of a stake in a New York property to French investment fund Ardian as part of the fashion group’s efforts to shrink its debt.

Gucci owner Kering SA will get $690 million following its sale of a stake in a New York property to French investment fund Ardian as part of the fashion group’s efforts to shrink its debt.

Yen Outperforms Major Currency Peers as BOJ Rate Hike Bets Grow

The yen outperforms all its major peers ahead of the Bank of Japan’s widely anticipated move to lift its benchmark interest rate this week, as traders await key US economic data.

The yen outperforms all its major peers ahead of the Bank of Japan’s widely anticipated move to lift its benchmark interest rate this week, as traders await key US economic data.

EU to Abandon Combustion Engine Ban in Win For Carmakers

The European Union is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry.

The European Union is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry.

Nordea Unveils €500 Million Buyback in Bid to Boost Payouts

Nordea Bank Abp announced a new share buyback worth as much as €500 million ($587 million) as it seeks to increase payouts to investors.

Nordea Bank Abp announced a new share buyback worth as much as €500 million ($587 million) as it seeks to increase payouts to investors.

Zelenskiy Says US Pledged Congress Will Back Security Guarantees

Ukrainian President Volodymyr Zelenskiy said he has an agreement with the US to make security guarantees legally binding through a vote in Congress as part of a deal to end Russia’s war.

Ukrainian President Volodymyr Zelenskiy said he has an agreement with the US to make security guarantees legally binding through a vote in Congress as part of a deal to end Russia’s war.

Ukraine Says US Pledged Congress to Back Security Guarantee

Ukrainian President Volodymyr Zelenskiy said he has an agreement with the US to make security guarantees legally binding through a vote in Congress as part of a deal to end Russia’s war.

Ukrainian President Volodymyr Zelenskiy said he has an agreement with the US to make security guarantees legally binding through a vote in Congress as part of a deal to end Russia’s war.

Horizons Middle East & Africa 12/16/2025

Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions.

Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)

Shadow Banks Cross $250 Trillion Mark as Watchdog Warns on Data

Global assets in the sprawling shadow banking sector have crossed the $250 trillion mark for the first time, new data from the Financial Stability Board shows, fueling fears of mounting systemic risks from less regulated corners of the financial sector.

Global assets in the sprawling shadow banking sector have crossed the $250 trillion mark for the first time, new data from the Financial Stability Board shows, fueling fears of mounting systemic risks from less regulated corners of the financial sector.

Holcim Buys $750 Million Majority Stake in Peruvian Firm

Holcim Buys $750 Million Majority Stake in Peruvian Firm

Holcim Ltd. is buying a majority stake in Cementos Pacasmayo, a building materials producer in Peru, its largest acquisition in Latin America.

Holcim Expands in Latin America With Peruvian Deal

Holcim Expands in Latin America With Peruvian Deal

Holcim Ltd. is buying a majority stake in Cementos Pacasmayo, a building materials producer in Peru, its largest acquisition in Latin America.

What’s Driven Gold Prices Up in 2025?

Gold has surged more than 60% this year and is on track for its best annual performance since 1979.

Gold has surged more than 60% this year and is on track for its best annual performance since 1979. The rally has been underpinned by elevated central-bank buying and a retreat by investors from sovereign bonds and currencies. Bloomberg’s Jack Ryan breaks down the situation.

MUFG’s Next CEO Is Old-School Bank Manager Facing New Challenges

Junichi Hanzawa, the next chief executive officer of Mitsubishi UFJ Financial Group Inc.

Junichi Hanzawa, the next chief executive officer of Mitsubishi UFJ Financial Group Inc., will take the reins of Japan’s largest bank as it rakes in record profits. His challenge will be sustaining that growth beyond the windfall of rising interest rates.

MUFG’s Next CEO Seeks Growth to Close Gap With Global Rivals

Junichi Hanzawa, the next chief executive officer of Mitsubishi UFJ Financial Group Inc.

Junichi Hanzawa, the next chief executive officer of Mitsubishi UFJ Financial Group Inc., will take the reins of Japan’s largest bank as it rakes in record profits. His challenge will be sustaining that growth beyond the windfall of rising interest rates.

Australia Gun Crackdown Needed as Thefts Soar, Think Tank Says

Thefts of Australia’s millions of registered firearms have become the country’s biggest source of illegally-held guns, underscoring a need to limit ownership in the wake of Sunday’s shootings at Bondi Beach, according to a think tank.

Thefts of Australia’s millions of registered firearms have become the country’s biggest source of illegally-held guns, underscoring a need to limit ownership in the wake of Sunday’s shootings at Bondi Beach, according to a think tank.

A Gun Is Stolen Every Four Hours in Australia, Think Tank Says

Thefts of Australia’s millions of registered firearms have become the country’s biggest source of illegally-held guns, underscoring a need to limit ownership in the wake of Sunday’s shootings at Bondi Beach, according to a think tank.

Thefts of Australia’s millions of registered firearms have become the country’s biggest source of illegally-held guns, underscoring a need to limit ownership in the wake of Sunday’s shootings at Bondi Beach, according to a think tank.

US Offers Ukraine ‘Article 5-Like’ Security Guarantees

US negotiators offered more significant security guarantees to Kyiv as part of President Donald Trump’s renewed push to end the Russia-Ukraine war.

US negotiators offered more significant security guarantees to Kyiv as part of President Donald Trump’s renewed push to end the Russia-Ukraine war. The US offered to provide “Article 5-like” security guarantees as part of the current deal to find a diplomatic solution to the conflict, a US official told reporters. Even as he lauded the progress on guarantees, Ukrainian President Zelenskiy made clear the positions between Moscow and Kyiv when it comes to territory lie...

UK Wages Rose More Than Expected in October

UK Wages Rose More Than Expected in October

Malaysia PM Says Will Make Special Cabinet Announcement Tuesday

Malaysian Prime Minister Anwar Ibrahim said he would announce new members of his cabinet at 3:30 p.

Malaysian Prime Minister Anwar Ibrahim said he would announce new members of his cabinet at 3:30 p.m. local time on Tuesday.

Malaysia PM Names New Trade, Economy Chiefs in Cabinet Revamp

Malaysian Prime Minister Anwar Ibrahim named new trade and economy chiefs to his cabinet on Tuesday, as part of a broad revamp of his administration to address some monthslong vacancies in his government.

Malaysian Prime Minister Anwar Ibrahim named new trade and economy chiefs to his cabinet on Tuesday, as part of a broad revamp of his administration to address some monthslong vacancies in his government.