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Emirates Securities Market up by 1.49 percent

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 1.49% to close at 4631.26 points. Accordingly the Market Capitalization has gained AED 11.02 billion attaining AED 751.25 billion. A total of 0.68 Billion Shares were traded with a total value of AED 1.25 billion during the trading session of 14-04-2016 through 9997 transactions. The number of companies ...

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MUFG chief flays BOJ strategy

  Tokyo / Bloomberg The top executive of Japan’s biggest bank delivered a rare criticism of the central bank, saying its negative interest-rate policy has contributed to anxiety among households and companies and prolonging it may weaken financial institutions. “Both households and businesses have become skeptical about the effectiveness of policy measures to address the current economic problems,” Nobuyuki Hirano, ...

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Bank of Japan to ease more by July

  Reuters Japan’s economy is expected to have narrowly avoided another recession at the start of 2016 but economists in a poll also predicted that growth and inflation will remain tepid this year, held back in part by the recent sharp rise in the yen. The Bank of Japan (BOJ) surprised in a split January decision to implement a tiny ...

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