BLOOMBERG The yen weakened to its lowest since November against the dollar as traders shifted their focus from a hawkish Federal Reserve to Friday’s Bank of Japan (BOJ) policy decision. The relatively hardline stance from Fed officials stands in sharp contrast to BOJ policymakers who have stuck with monetary easing even as most global peers tighten, a disparity that favors …

BLOOMBERG Stocks retreated on Thursday, with sentiment subdued by the Federal Reserve’s hawkish tone and weak economic data from China. Futures for US benchmarks slid after Chairman Jerome Powell said nearly all Fed officials expected it would be appropriate to raise interest rates “somewhat further” this year following the pause. The tech-heavy Nasdaq 100 was set to trim some of …

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Chad’s interim president, Mahamat Idriss Deby, have witnessed the exchange of a number of agreements and memoranda of understanding between the UAE and Chad in various fields aimed at advancing bilateral cooperation. The agreements and MoUs – which were signed at Al Shati Palace – included the …