ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from Her Excellency Giorgia Meloni, Prime Minister of the Italian Republic. During the call, the two sides discussed bilateral cooperation and explored opportunities to strengthen ties further to serve mutual interests. His Highness and the Italian Prime Minister also addressed cooperation in …

SINGAPORE / WAM The dollar made a steady start to the week on Monday, as investors were focused on US, European and Japanese inflation data to guide the global interest rate outlook, Reuters reported. Foreign exchange trade has been dominated by the hunt for “carry” in recent months, punishing low-rate currencies and supporting the dollar while US data has blown …

SYDNEY /WAM Asian shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a US policy easing within just a few months, Reuters reported. Holidays in Britain and the United States made for thin trading ahead of Friday’s figures on …