London / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, on Tuesday announced a partnership with Tourism Malaysia to attract visitors from Europe and the Middle East to Malaysia, via the airline’s Abu Dhabi hub. The agreement was signed at the World Travel Market in London, attended by representatives from both organisations and trade partners. The ...

RIYADH / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Prince Mohammed bin Salman bin Abdul Aziz, Saudi Crown Prince, Deputy Prime Minister and Minister of Defence, on Tuesday attended the signing of the Riyadh Agreement between the Yemeni Government and the Southern Transitional ...

Bloomberg Tata Power Co. Ltd., in collaboration with the Rockefeller Foundation, plans to develop 10,000 microgrids in India to boost access to affordable and reliable electricity to homes and enterprises across the nation’s vast rural areas. Tata Power will set up a new unit, TP Renewable Microgrid Ltd., to build the microgrids through 2026 that will serve nearly 5 million ...

Bloomberg US equity futures climbed with European and Asian stocks as investors took confidence from signs that America and China are inching towards a trade deal. Treasuries fell, while the yuan strengthened past 7 for the first time since August. Contracts on the S&P 500, Dow Industrials and Nasdaq 100 all pointed to a positive start on Wall Street, following ...

Bloomberg China’s yuan rallied past 7 per dollar and analysts are already warning the strength won’t last. The currency jumped as much as 0.60% to 6.9880 a dollar on Tuesday, trading stronger than the key level for the first time since August. The offshore rate rose as much 0.66%. The level had been a key support for the currency for ...

Bloomberg As the Federal Reserve signals it’s satisfied after pulling off a mid-cycle easing, Wall Street’s rate strategists are as divided as ever on the direction of Treasury yields. JPMorgan Chase & Co strategist Nikolaos Panigirtzoglou warned that 10-year yields may surge 100 basis points over the next six months given the Fed is now done with its “insurance” cuts. ...

Bloomberg Malaysia’s central bank kept its benchmark interest rate unchanged, giving itself policy space to act in coming months if the global economy worsens. The central bank held its overnight rate at 3% at its final meeting for the year, as predicted by 16 of the 25 economists surveyed by Bloomberg. The remaining nine had expected a 25 basis-point cut. ...

Bloomberg Bank of Japan Governor Haruhiko Kuroda stepped into the global debate about whether governments need to do more heavy lifting to support their economies, saying that the ultra-low interest environment created by Japan’s central bank makes fiscal spending more powerful. Kuroda said the BOJ wasn’t planning to add to its stimulus in tandem with some form of government spending ...

Bloomberg A combination of mixed macroeconomic data and stretched investor sentiment suggests it’s time to sell risk assets, according to HSBC Holdings Plc. “Fundamentally, the macro data does not justify the recent outperformance of risk assets,” wrote strategists including Max Kettner in a note to clients. “We think risk assets are ripe for a pullback in the coming weeks.” The ...

Bloomberg Brazil’s central bank refrained from providing guidance on its easing cycle beyond its next policy meeting in December, opting instead to signal it will remain cautious in efforts to add stimulus to a weak economy. A benign consumer price outlook should allow for another rate cut “of the same magnitude” next month, the central bank board wrote in the ...