Abu Dhabi / WAM The value of shares traded in UAE stock markets reported a one-month high of AED900 million, driven by the listing of Emaar Development on the Dubai Financial Market, as well as the recovery of some blue chips. Within this context, the DFM General Index rose 1 percent to 3445, while Abu Dhabi Securities Exchange General Index …

Bloomberg As Goldman Sachs Group Inc. lends more money to Main Street, one question won’t go away: How many borrowers will pay them back? Goldman’s fledgling online lender Marcus, named after the company’s founder, is targeting consumers at a time when many are bracing for a downturn after eight years of economic expansion. A recent example it gave suggests the …

Bloomberg While the yuan has been having its best year since 2011 against the dollar, China’s banks continue stocking up on foreign currency in a sign that they are preparing for greater swings in the exchange rate. Depository corporations — a majority of which are lenders — boosted their holdings to 5.39 trillion yuan ($812 billion) in October, up 383 …