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Ahmed bin Mohammed receives President of Mongolian National Olympic Committee

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DUBAI/ WAM H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the National Olympic Committee, today received Battushig Batbold, President of the Mongolian National Olympic Committee. The meeting, at the Emirates Towers, centred around ways of enhancing cooperation and bilateral relations besides initiatives to advance the Olympic movement in the two countries. ...

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Gold stabilises amid weak trading, expectations of interest rate cuts

Gold

SINGAPORE / WAM Gold prices settled on Wednesday, amid low trading volume and expectations of the Federal Reserve System of the US reducing interest rates in the first quarter of 2024 and the general weakness of the dollar. The price of gold stabilised in spot transactions at $2066.86 per ounce. US gold futures rose 0.4% to $2078.20 per ounce. Gold ...

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European stocks rise after holiday; bonds advance

Side lead

BLOOMBERG Shares in Europe rose after a holiday break, tracking gains in Asia and on Wall Street as investors bet that the Federal Reserve will cut interest rates as early as March. The Stoxx Europe 600 climbed 0.3% in early trading. Technology stocks were among the biggest gainers as Prosus NV rebounded from a slump triggered by a selloff in ...

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