Business
CBUAE kept the UAE base rate at 3.65% after the Federal Reserve held rates steady, leaving the overnight liquidity framework unchanged.
South Korea major retailers posted a 5.6% March sales gain, with online channels taking a bigger share of consumer spending in the country.
Travel
Luxury
The global luxury market faces a 2% decline in 2024, with 50 million consumers exiting due to high prices and reduced innovation, Bain & Company’s annual report reveals.
