Mortgage rates drop despite bond market turmoil: Why rates may rise again in coming weeks
Mortgage rates fell slightly last week despite a big jump in bond market volatility. The average 30-year fixed mortgage rate was 6.65% this week through Wednesday, down from 6.67% a week earlier, according to Freddie Mac. The small drop came during a…
An alarmed bond market gets the Trump administration to act again
NEW YORK — Normally quiet, the bond market can occasionally send warning signals loud enough to hit stock markets worldwide and even grab the attention of U.S. presidents and other world leaders. An alarmed bond market gets the Trump administration to…
China controls about 80% of the tungsten market; a Nevada company says it has found 1.78 million tonnes, but NASA is blocking mining on part of the site
A potentially enormous tungsten resource has been identified beneath the Nevada desert, but a NASA land restriction could prevent the company behind the project from fully exploring or developing it.3 Proton Lithium, a privately held critical-minerals…
Russia uses drones to attack Ukraine: attack on Nikopol market killed 5 people and injured 19 others
Image source: X/Kyiv Independent Russian drone strikes a city, killing at least 5 people and injuring 19 others market An incident took place in the Ukrainian frontline city of Nikopol on Saturday morning, the Prosecutor General’s Office of Ukraine…
Middle East conflict sends panic to Dara Street: Iran-US-Israel war triggers Indian stock market crash; sensex and Nifty slide, investor wealth wipes out $240 billion in just one week
Oil prices cross $100, markets in trouble: How Iran war could hit Indian investors $240 billion Indian stocks plunge on geopolitical tensions middle East triggered a wave of global financial uncertainty, according to market The latest sell-off wiped out…
Expats warn: Dubai tightens housing rules, and those breaking the rules in shared apartments could face Dh1 million fines
Bed life in Dubai criticized as new law imposes fines of Dh500,000 to Dh1 million Dubai has launched a sweeping new law aimed at regulating shared housing and zoned living arrangements, with violators facing fines of up to Dh500,000 and repeat offenders…
Emaar founder boldly reveals why Dubai property market is ‘fearless’ amid Iran and US-Israel war
Will Dubai house prices fall? The founder of Emaar gives a bold answer Despite rising geopolitical tensions middle East Dubai’s real estate sector remains resilient amid concerns over economic stability amid the US-Israeli war with Iran, industry…
Dubai luxury market breaks records: Emirate’s third-highest apartment sales hit Dh422m despite US-Israeli war on Iran
Dubai apartment sales hit AED 422 million, third highest ever, amid regional tensions Ultra-luxury properties in Dubai market Another notable milestone achieved. Apartment sales in the emirate of Dubai hit Dh422 million, the third most expensive…
UAE markets stable amid escalation between Iran, US and Israel, food prices, stock updates: Panic buying in UAE as oil prices soar?
UAE food stocks update: Are supermarkets sold out amid tensions between Iran, US and Israel? Amid rising geopolitical tensions in West Asia, including a recent missile exchange between Iran, the United States and Israel, unsettling Gulf cities and…
From renting to buying your first home in the UAE in 2026: 5 real estate trends homeowners should pay attention to
UAE Real Estate 2026: Is now the time for first-time home buyers to enter the market? Property in the UAE in 2026 market is entering a new chapter of demand, innovation and opportunity, with first-time homebuyers playing an important role in reshaping…