Bloomberg Deutsche Bank AG has almost finished restructuring its Asian investment-banking business and plans to add bankers in the coming months, said regional head James McMurdo. “Yes we did trim, but we trimmed where we thought we were less competitive, or where we thought the opportunity was not that significant and that has largely been completed,” McMurdo, who leads corporate …

Bloomberg The internationalisation of the yuan has happened “earlier than expected,” but China should be keeping a low profile and not push it aggressively, former central bank Governor Zhou Xiaochuan said. The loss of trust in the dollar after the global financial crisis and other external events were factors increasing the use of the currency internationally, and China cannot force …

Abu Dhabi / Emirates Business Eshraq Properties, the Abu Dhabi based real estate company listed on Abu Dhabi Securities Exchange (ADX), reports a net profit of AED14.8 million for the first half of 2018 versus a net loss of AED0.32 million for the same period last year. The results are the best half-yearly results for the company since the first …