Recent Posts

Japanese stocks fall, Nikkei 225 declines 1.5% in Tokyo

BLOOMBERG Japanese stocks fell as some of the best-performing shares this year led losses amid expectations domestic pension funds will pare positions to rebalance their portfolios before the quarter ends. The Nikkei 225 Stock Average declined 1.5% to 32,781.54 as of market close in Tokyo, ending a string of weekly gains that began in early April. The Topix fell 1.4% ...

Read More »

Bonds surge as Euro-area data raise recession fear

BLOOMBERG Investors fled into the safety of bonds and stocks fell, as a lurch towards higher interest rates together with weak euro-area activity data heightened anxiety that aggressive central bank policy will tip economies into recession. Global stocks headed for their biggest weekly decline in more than three months. European shares slipped, with a record 36% drop in Siemens Energy ...

Read More »

UAE President sends written letter to President of Georgia with invitation to COP28

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a written letter to Salome Zourabichvili, President of Georgia, which included an official invitation to the 28th Conference of the Parties (COP28) to the UN Framework Convention on Climate Change (UNFCCC), which will be held in Expo City Dubai this November. The letter was delivered by Ahmad ...

Read More »
Send this to a friend