Hong Kong Banks Woo Wealthy Clients with Gold and Gifts for Lunar New Year

February 16, 2026

Hong Kong Banks Woo Wealthy Clients with Gold and Gifts for Lunar New Year

Banks in Hong Kong are offering gold coins, mahjong sets, and festive dinners with fireworks to attract wealthy clients during Lunar New Year. HSBC, Hang Seng, Standard Chartered, Citibank, and DBS use these perks as gold prices near record highs.

UAE Clarifies 2026 Annual Leave Rules: Carry Forward Only With Employer Approval

February 16, 2026

UAE Clarifies 2026 Annual Leave Rules: Carry Forward Only With Employer Approval

The UAE Ministry of Human Resources explains 2026 annual leave rules. Workers can carry over up to half their leave if employers agree. Unused leave must be paid when leaving jobs. Employers can’t block leave beyond two years unless agreed.

Wholesale Price Inflation Rises to 1.81% in January, Driven by Food and Manufactured Goods

February 16, 2026

Wholesale Price Inflation Rises to 1.81% in January, Driven by Food and Manufactured Goods

India's wholesale price inflation climbed to 1.81% in January 2026, marking the third month of upward momentum. This increase was driven by rising prices in food articles, non-food items, and manufactured goods, government data revealed on February 16.

KSE-100 Index Drops 6,029 Points Amid Corporate Earnings Disappointment

February 16, 2026

KSE-100 Index Drops 6,029 Points Amid Corporate Earnings Disappointment

Pakistan's KSE-100 index plunged over 6,000 points or 3.36 percent by Monday afternoon. Weak company earnings and heavy trading weighed heavily on market sentiment.

Pakistan Stock Exchange Drops 1663.66 Points as Bears Hold Ground

February 16, 2026

Pakistan Stock Exchange Drops 1663.66 Points as Bears Hold Ground

The Pakistan Stock Exchange's KSE-100 index fell 1663.66 points, down 0.93%, led by mixed stock moves and weaker corporate earnings.