Business
Dollar heads for a weekly gain as the yen nears 160 per dollar, with Japan intervention data and rate gaps in global market focus.
Investor interest in UAE property led surveyed markets, supported by return potential, stability and ownership access in the index.
AD Ports Group agreed to acquire Brazil’s CLI in an AED 3.1bn deal covering agri bulk terminals at Santos and Itaqui, pending approvals.
South Korea reported 3.1 percent May inflation as petroleum products surged and transport prices recorded the sharpest category rise.
Tokyo stocks ended mixed as the Nikkei hit a record close on tech gains while the Topix fell, showing narrow market leadership.
China manufacturing PMI returned to 50.0 in May as weaker orders offset expansion in output, high-tech and equipment manufacturing.
Technology
NVIDIA RTX Spark brings Microsoft Windows PCs into local AI computing, pairing Blackwell graphics, Grace CPU and Surface Laptop Ultra.
Samsung Electronics led the 2025 automotive memory chip market with 40% share, ahead of Micron, as vehicle electronics demand grew.
The UAE tracks its shift from early government computing to AI infrastructure, with cloud, data systems, models and digital services.
South Korea’s US$665.5 million Industrial Growth Fund expands financing for manufacturing AI, R&D commercialization and regional industry growth.
Space42 says local assembly and testing of Foresight satellites in Abu Dhabi show the UAE is building stronger space manufacturing capability.