Connect with us

Business

China warns countries against making trade deals with the US unfavorable to Beijing

Published

on

XAW802

Trucks move amid containers stacked at a container terminal port on the Yangtze River in southwest China’s Chongqing Municipality on April 20. (AP)

BEIJING, April 22, (AP): China on Monday warned other countries against making trade deals with the United States to China’s detriment. Governments including those of Taiwan, Japan and South Korea have begun negotiations with Washington after President Donald Trump announced sweeping tariffs against almost all of America’s trading partners on April 2.

The import taxes were quickly paused against most countries after markets panicked, but he increased his already steep tariffs against China. “China firmly opposes any party reaching a deal at the expense of China’s interests,” China’s Commerce Ministry said in a statement. “If this happens, China will never accept it and will resolutely take countermeasures in a reciprocal manner.

China is determined and capable of safeguarding its own rights and interests.” US Treasury Secretary Scott Bessent said earlier this month the countries currently negotiating trade deals with the US should “approach China as a group” together with Washington. The US tariffs against other countries are economic bullying, the ministry said in the statement attributed to an unnamed spokesperson

“Appeasement cannot bring peace, and compromise cannot win respect,” it added. “For one’s own temporary selfish interests, sacrificing the interests of others in exchange for so-called exemptions is like seeking the skin from a tiger. It will ultimately only fail on both ends and harm others without benefiting themselves.”

China said it’s open to talks with Washington but no meetings have been announced. Trump made China the target of his steepest tariffs, imposing several rounds of tariffs totaling 145% duties on Chinese imports. Beijing has retaliated with tariffs of 125% on US imports. The tariffs have spooked exporters and stalled shipments, while threatening to drag on the global economy.

Business

Kuwait Airways earns $324 million in Q2 2025, marking 6% growth

Published

on

By

Kuwait Airways earns $324 million in Q2 2025, marking 6% growth

Kuwait Airways reports higher sales and lower costs in the second quarter of 2025.

KUWAIT CITY, July 26: Kuwait Airways announced Friday that its operating revenue for the second quarter of 2025 reached USD 324 million, reflecting a 6 percent increase compared to the first quarter of the year.

In a statement posted on its official account on platform X, the national carrier also reported sales revenues totaling USD 285 million, representing a 14 percent rise from the previous quarter.

The airline further noted a significant reduction in operational costs, which dropped by USD 19.4 million during the second quarter — a 20 percent savings compared to the first three months of the year.

Operational efficiency also showed improvement, with on-time performance (OTP) reaching 85 percent, according to the statement.

The number of departing flights climbed to 7,063 in Q2, a 9 percent increase from Q1, while the total number of passengers also rose by 9 percent to reach one million during the same period.

Kuwait Airways, founded in 1953 as a private entity under the name Kuwait National Airways Limited, launched its first flight on March 16, 1954. The Kuwaiti government acquired full ownership of the company in 1962.

Continue Reading

Business

How UAE Traders Are Adjusting Their Forex Strategies as Global Markets Stay Volatile in 2025

Published

on

By

The year 2025 continues to test global financial systems with persistent volatility. From central bank policy shifts and oil price instability to geopolitical tensions in key markets, traders are operating in an environment that demands flexibility and a deeper understanding of global macroeconomics. In the UAE, where financial activity is closely linked to international movements, traders are refining their strategies to remain competitive and secure.

Whether it’s retail investors in Dubai or institutional players in Abu Dhabi, the need to adapt to changing conditions in forex trading has become more important than ever. The dynamic shifts in global economics are not just influencing decision-making, they are reshaping how UAE traders evaluate risk, execute trades, and manage exposure across currency pairs.

Focus on Capital Protection and Controlled Risk

A major shift among UAE-based traders is the move toward capital protection strategies. In a volatile environment, limiting downside is often more crucial than maximising short-term gains. Traders are increasingly incorporating stop-loss rules and portfolio diversification as part of their risk control protocols.

Platforms offering position sizing calculators and risk-reward analysis tools have become essential in the decision-making process. This reflects a broader change where the success of a trade is not just about profit, but about how effectively risk is managed over time.

Shift to Shorter-Term Strategies

With long-term market direction often clouded by sudden news events or unexpected central bank interventions, many UAE traders are shifting to shorter timeframes. Scalping and intraday strategies have grown in popularity due to their ability to take advantage of small market moves without staying exposed overnight.

This approach allows traders to stay agile, locking in profits within hours and avoiding market gaps or weekend volatility. Moreover, this flexibility fits well within the mobile-driven trading environment favoured by UAE’s tech-savvy investor base.

Increased Use of Technical Tools

As markets fluctuate more wildly, reliance on technical indicators and automated signals has increased. UAE traders are leveraging platforms with robust charting capabilities and advanced analytics to make real-time decisions.

Commonly used tools include:

  • Relative Strength Index (RSI) for overbought/oversold signals
  • Moving Averages to detect trend direction
  • Fibonacci retracements for identifying entry and exit zones
  • Bollinger Bands for measuring price volatilitynn

These tools are especially helpful when market fundamentals become unpredictable or are dominated by sentiment-driven movements.

Demand for Education and Market Analysis

With volatility comes a growing appetite for market knowledge. Traders in the UAE are increasingly participating in webinars, workshops, and market outlook sessions. Brokerages and educational platforms have responded by offering localised content, including Arabic-language tutorials and Gulf-focused economic briefings.

This demand reflects a professionalisation of the retail trader profile. Instead of speculative behaviour, many UAE-based individuals are approaching trading as a skill-based discipline that requires ongoing learning and strategic planning.

Diversification Beyond Major Pairs

Another trend is diversification beyond the usual EUR/USD or GBP/USD trades. UAE traders are exploring opportunities in emerging market currencies, regional forex pairs, and even commodity-linked currencies such as AUD and CAD.

Reasons behind this diversification include:

  • Seeking new volatility pockets for trading opportunities
  • Avoiding overexposure to dollar-related movements
  • Taking advantage of regional economic trends and oil-linked currencies
  • Hedging positions with less correlated pairs

This broader view is a direct response to global uncertainty, where traditional safe-haven dynamics have become less predictable.

Adaptation to Regulatory and Platform Changes

The UAE’s trading environment is also shaped by evolving regulatory frameworks and technology infrastructure. As SCA (Securities and Commodities Authority) continues to refine its policies around online trading and leverage limits, local traders are becoming more compliant and informed.

Broker selection now includes factors such as:

  • Regulated status in the UAE or other tier-1 jurisdictions
  • Availability of Islamic trading accounts
  • Fast execution speeds with minimal slippage
  • Robust mobile and desktop platforms with analytics

These considerations are crucial for long-term trading sustainability in a heavily digitised and regulated marketplace.

Conclusion

In 2025, global market volatility has turned traditional forex strategies on their head. UAE traders, known for their adaptability and innovation, are rising to the challenge by embracing risk management, technical precision, educational growth, and strategic diversification.

As the world economy continues to shift, these traders are proving that informed, disciplined, and flexible approaches to forex trading are not only effective but essential in uncertain times.

Continue Reading

Business

US stocks hit more records following US-Japan trade deal

Published

on

By

US stocks hit more records following US-Japan trade deal

Specialist Alex Weitzman works at his post on the floor of the New York Stock Exchange on July 21. (AP)

NEW YORK, July 24, (AP): US stocks set more records on Wednesday following a trade deal between the world’s No. 1 and No. 4 economies, one that would lower proposed tariffs on Japanese imports coming to the United States. The S&P 500 added 0.8% to its all-time high. The Dow Jones Industrial Average rallied 507 points, or 1.1%, and the Nasdaq composite climbed 0.6% to hit its own record.

Stocks jumped even more in Tokyo, where the Nikkei 225 rallied 3.5% after President Donald Trump announced a trade framework that would place a 15% tax on imports coming from Japan. That’s lower than the 25% rate that Trump had earlier said would kick in on Aug. 1. “It’s a sign of the times that markets would cheer 15% tariffs,” said Brian Jacobsen, chief economist at Annex Wealth Management.

“A year ago, that level of tariffs would be shocking. Today, we breathe a sigh of relief.” Trump has proposed stiff taxes on imports from around the world, which carry the double-edged risk of driving up inflation for US households while slowing the economy. But many of Trump’s tariffs are currently on pause, giving time to reach deals with other countries that could lower the tax rates.

Trump also announced a trade agreement with the Philippines on Tuesday. So far, the US economy has seemed to hold up OK despite the pressures on it. And tariffs already in place may be having less of an effect than expected, at least when it comes to the prices that US households are paying at the moment.

“The main lesson about tariffs so far is that passthrough to consumer prices is tracking somewhat lower than in 2019,” according to Goldman Sachs economist David Mericle. Tariffs are certainly having an effect, to be sure, as big US companies across industries have been showing through their profit updates in recent days.

Hasbro took a $1 billion, non-cash hit to its results for the spring to write down the value of some of its assets following a review triggered by the implementation of tariffs. It said tariffs have had no impact yet on how much profit it’s making from each $1 of its sales, but it expects to see costs ramp during the current quarter. 

Continue Reading

Trending

Copyright © 2025 SKUWAIT.COM .