Emirates

• Caesars Entertainment has opened The Vanderpump Hotel on the Las Vegas Strip, marking a strategic expansion into celebrity-branded hospitality. • The new venture aims to attract luxury travelers, food enthusiasts, and entertainment seekers by integrating high-end dining and nightlife experiences. • This move follows a growing global trend of celebrity-branded hotels already seen in the United Kingdom, France, Italy, and the United Arab Emirates.

• Global stock markets rallied driven by optimism surrounding artificial intelligence, specifically following an IPO filing by AI firm Anthropic. • Conversely, oil prices and bond yields declined due to instability in US-Iran talks and ongoing geopolitical uncertainty in the Middle East. • In South Korea, the benchmark KOSPI index experienced high volatility, swinging lower after reaching a record high as major tech stocks like Samsung Electronics and SK Hynix fluctuated.

• Asian stock markets climbed on Monday, with Japan's Nikkei jumping over 3% following optimism surrounding US-Iran peace talks. • Oil prices plunged as investors anticipated a potential reopening of the Strait of Hormuz, a critical global shipping lane. • Market activity was limited in some regions, as trading remained closed in South Korea and Hong Kong for Buddha’s birthday holidays.