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Iran’s currency has hit a record low as Washington prepares to announce new sanctions it said would be an “economic D-Day.”
Mexican stocks rally marked their best session since June, with both exchanges posting strong gains. The benchmark index left correction territory, and the peso firmed against the dollar.
Mexico diesel subsidy reaches its largest level of 2026, waiving 6.08 pesos (US$0.36) per litre. Meanwhile, the energy ministry posts the biggest underspend of any federal department.
UAE-based fintech Fasset has raised $68 million in a Series C round led by Japan’s SBI Group and joined by Speedinvest, valuing the company at $1 billion and marking its entry into unicorn status.
OCBC’s Sim Moh Siong and Christopher Wong warn that renewed US-Canada trade tensions could undermine the Canadian Dollar’s (CAD) recent recovery.
