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 ...

DUBAI / WAM Under the patronage and in the presence of HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, the Arab Media Summit 2024 will begin on Monday at the Dubai World Trade Centre. Organised by the Dubai Press Club from May 27-29, the summit will commence ...