March 2026 - Page 12 of 14

Yuan Rebounds as China Signals Strong Support With Firm Guidance

China’s yuan rebounded from a one-month low after the central bank issued its strongest currency guidance in nearly three years, signaling efforts to stabilize markets. The People’s Bank of China (PBOC) set

05/03/2026

Economy

Pakistan Central Bank Likely to Hold Rates as Oil Prices Cloud Inflation Outlook

Pakistan’s central bank is widely expected to hold its key policy rate at 10.5% during Monday’s review, as rising oil prices complicate the inflation outlook. A Reuters poll showed all 10 analysts

05/03/2026

Economy

US Crypto Bill Stalls as Banks Reject White House Compromise

Talks over a landmark U.S. crypto regulation bill have stalled again, raising doubts about whether major cryptocurrency legislation will pass before the midterm election cycle intensifies. Banks rejected a compromise proposed by

05/03/2026

Finance

Tesla UK Sales Slide 37% as Chinese EV Rivals Gain Ground

Tesla’s UK vehicle sales fell sharply in February, highlighting rising pressure from fast-growing Chinese electric vehicle makers and intensifying competition in Europe’s EV market. Data from the Society of Motor Manufacturers and

05/03/2026

Finance

Abercrombie & Fitch Warns of Slower Sales Growth Amid New U.S. Tariffs

Abercrombie & Fitch forecast muted annual sales growth, citing uncertainty from new U.S. tariffs, sending the retailer’s shares down about 7% in premarket trading Wednesday. The apparel company said its outlook already

04/03/2026

Finance

Moderna Stock Jumps After $2.25B Patent Settlement Clears Legal Uncertainty

Moderna shares surged nearly 10% in premarket trading Wednesday after the company settled a long-running dispute over technology behind its COVID-19 vaccine. The agreement removes a major legal overhang, allowing the biotech

04/03/2026

Finance

Qatar LNG Shutdown to Disrupt Global Gas Supply for Weeks

Qatar will fully halt gas liquefaction operations on Wednesday, delaying exports of super-chilled LNG and disrupting global energy markets for at least a month. Sources familiar with the situation said the shutdown

04/03/2026

Finance

Airline Stocks Stabilize as Repatriation Flights Resume Amid Iran Conflict

Global airline shares steadied Wednesday after sharp losses, as governments organized repatriation flights to evacuate citizens stranded across the Middle East. The easing selloff comes despite escalating U.S. and Israeli military strikes

04/03/2026

Finance

OpenAI Explores NATO AI Deal After Pentagon Agreement

OpenAI is considering a contract to deploy its AI technology on NATO’s unclassified networks, according to a source familiar with the discussions. The potential agreement comes days after the ChatGPT developer reached

04/03/2026

AI

Kraken Bank Gains Fed Payments Access in Crypto Milestone

Kraken’s banking division has gained access to the U.S. Federal Reserve’s payments system, marking a significant step for the cryptocurrency industry. The approval comes through a limited-purpose account, according to a statement

04/03/2026

Crypto