TOKYO / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has discussed with Yasutoshi Nishimura, Japan’s Minister of Economy, Trade and Industry, means of developing joint cooperation and strategic partnership between the UAE and Japan as part of both countries efforts to achieve sustainable economic growth. During the meeting, which was held in Tokyo, both sides ...

BEIJING / WAM The central parity rate of the Chinese currency renminbi, or the yuan, weakened 97 pips to 7.1212 against the US dollar on Monday, state media Xinhua quoted the China Foreign Exchange Trade System as saying. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate ...

BLOOMBERG The rally in Japanese stocks that pushed the nation’s blue-chip gauge ahead of the world’s other major benchmarks this year could slow down. The Nikkei 225 Stock Average will rise about 1% from current levels to 32,750 by year-end, according to the median estimate of six responses in a Bloomberg News survey. While that would lift the Nikkei to ...