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Friday, March 13, 2026

Chinese Banks Fuel AI Ambitions: Lending Surges Amid National Tech Push

Chinese banks are increasing lending to the tech sector as Beijing pushes for widespread AI adoption, aiming to boost job creation and economic growth.

Federal Reserve Eases Bank Capital Rules to Spur Lending, Especially Mortgages

The Federal Reserve is set to ease bank capital requirements to stimulate lending, particularly in the mortgage sector, by streamlining regulations and right-sizing risk calibrations.

China Cracks Down on OpenClaw AI Use in Banks and State Agencies Amid Security Fears

China restricts the use of OpenClaw AI at banks and state agencies due to security concerns, impacting tech stocks and highlighting a conflict between national security and local development incentives.

Economy

Dubai Mall to Undergo $408 Million Expansion Adding 240 Luxury Stores

The Dubai Mall, one of the largest shopping centers globally, is set to expand further with an estimated 1.5 billion dirhams ($408 million) investment. Located in the commercial heart...

Federal Reserve Eases Bank Capital Rules to Spur Lending, Especially Mortgages

The Federal Reserve is set to ease bank capital requirements to stimulate lending, particularly in the mortgage sector, by streamlining regulations and right-sizing risk calibrations.

Trump Advises Iran to Skip World Cup Amidst Escalating Conflict, Citing Safety Concerns

U.S. President Donald Trump advises Iran to skip the World Cup due to safety concerns amidst escalating conflict, a stance that appears to shift from previous assurances to FIFA.

China Cracks Down on OpenClaw AI Use in Banks and State Agencies Amid Security Fears

China restricts the use of OpenClaw AI at banks and state agencies due to security concerns, impacting tech stocks and highlighting a conflict between national security and local development incentives.

Global Oil Shock: IEA Unleashes Record Reserves Amid Iran War Disruptions

The IEA announces a record 400 million-barrel oil reserve release amid the Iran war, citing the largest supply disruption in history and volatile oil prices.

Dubai Mall to Undergo $408 Million Expansion Adding 240 Luxury Stores

The Dubai Mall, one of the largest shopping centers globally, is set to expand further with an estimated 1.5 billion dirhams ($408 million) investment....

ADP Report Shows Slowdown in Private Job Creation in May

Private job creation in May slowed more than anticipated, signaling further sluggishness in the labor market, according to a report from ADP. The payroll...

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