Author: dailyguardian.ae

The beginning of 2024 has been characterised by changing market expectations. Initially, the sentiment overall was largely pessimistic, as market players anticipated rate cuts. Since then, it has shifted unexpectedly towards becoming more optimistic, with many stock markets at or near all-time highs, research shows. Saxo Bank recently released the findings of its recent client survey, shedding light on investor expectations and sentiments on the financial markets for the second quarter of 2024. Amidst the backdrop of unpredictability in global financial markets, the response from investors mirrors concerns over market uncertainty. “Learning about investor expectations is vital for navigating through…

Strands is a brand new daily puzzle from the New York Times. A trickier take on the classic word search, you’ll need a keen eye to solve this puzzle. Like Wordle, Connections, and the Mini Crossword, Strands can be a bit difficult to solve some days. There’s no shame in needing a little help from time to time. If you’re stuck and need to know the answers to today’s Strands puzzle, check out the solved puzzle below. How to play Strands You start every Strands puzzle with the goal of finding the “theme words” hidden in the grid of letters.…

Saudi Arabia on Sunday voiced “great concern” after Iranian state media reported that a helicopter carrying President Ebrahim Raisi had gone missing, and offered to help with the response. “We affirm that the Kingdom stands by the sisterly Islamic Republic of Iran in these difficult circumstances and its readiness to provide any assistance that the Iranian agencies need,” the foreign ministry of the Gulf kingdom said in a statement. Iranian search and rescue teams were scouring a fog-shrouded mountainside as Iranian state media said “an accident happened to the helicopter” transporting Raisi, a 63-year-old ultraconservative. Iran and Saudi Arabia have…

Connections is the latest puzzle game from the New York Times. The game tasks you with categorizing a pool of 16 words into four secret (for now) groups by figuring out how the words relate to each other. The puzzle resets every night at midnight and each new puzzle has a varying degree of difficulty. Just like Wordle, you can keep track of your winning streak and compare your scores with friends. Some days are trickier than others. If you’re having a little trouble solving today’s Connections puzzle, check out our tips and hints below. And if you still can’t get…

Some insurers in the UAE have increased premiums for damages related to natural catastrophes, while others are still considering adjustments in rates and will do so in the near future. Industry executives say that rates for natural catastrophe premiums have increased by up to 50 per cent following the record rains the country witnessed on April 16. As reported by Khaleej Times earlier, many insurers increased comprehensive insurance premiums within a couple of days after the storm, which caused massive widespread loss of cars, homes and shops in the country. Stay up to date with the latest news. Follow KT…

Saudi Arabia’s King Salman bin Abdulaziz has lung inflammation and will undergo a treatment plan, as per the Saudi Press Agency. This comes after earlier reports on Sunday of the king experiencing “high temperature and joint pain”. As per SPA, medical examinations were conducted in the royal clinics at Al-Salam Palace in Jeddah, after which lung inflammation was detected. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The medical team has decided that he will undergo a treatment program consisting of antibiotics until the inflammation goes away.

Once the rate cut cycle begins later this year, gold will likely see renewed demand from ETF investors, many of whom have been net sellers since 2022, when the interest rate cycle started, experts say. “This process helped lift the cost of holding non-interest-paying gold relative to US T-bills, which currently offer a 12-month return above 5 per cent,” a recent commodities report from Saxo Bank said. While gold trades near a one-month high, the main action was silver, reaching an 11-year closing high last week, and platinum, which has broken higher after a year of sideways action. Both are…

Doctors in the UAE have noted a surge in children seeking medical attention for symptoms such as fatigue, sore throat, and fever which they attribute to heightened immune stress and allergen circulation triggered by a rise in temperature. Switching from temperatures hovering at 40°C outside to an icy indoor environment is notably impacting health, particularly among children. Medical professionals caution that sudden shifts from cold to warm environment can put stress, particularly on a child’s body, which can lead to lowered immunity and chances of infection. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Dr…

Arsenal manager Mikel Arteta said his side should not be satisfied with second place in the Premier League and vowed that the Gunners would keep pushing until they win the title. Arsenal chased Manchester City all the way to the finishing line but for the second straight season had to make do with the runners-up spot despite a 2-1 home win over Everton on Sunday. They would have had to become the first team in the Premier League era to grab the title on the final day after not starting it as leaders but Arteta said the club should not…

NASA had originally aimed to send Boeing’s Starliner spacecraft on its first crewed voyage on May 6 but an issue surfaced with United Launch Alliance’s Atlas V rocket just two hours before liftoff, prompting the launch to be scrubbed. It was a setback for everyone involved — not least NASA astronauts Bob Wilmore and Suni Williams who minutes before the scrub had been strapped into their seats inside the Starliner on the launchpad at the Kennedy Space Center in Florida — but as NASA chief Bill Nelson said when the countdown clock was halted, safety must come first. NASA revealed…