ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, on Tuesday received HH Sheikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi Ruler’s Representative in Al Ain Region, during a visit to Adnoc’s headquarters to review the company’s efforts in advancing the growth of the …

BLOOMBERG Japan’s currency dropped towards a level that triggered the first yen-buying intervention since 1998 in September, prompting a top official to voice concern. Finance Minister Shunichi Suzuki said authorities are watching the currency’s trends with a high sense of urgency and will take steps if excessive moves are seen. His comments caused the yen to rise a bit, trading …

BLOOMBERG Stocks and bonds declined as concern grew that China’s faltering recovery and debt problems will spread to the global economy. Instead of reassuring investors, China’s surprise rate cut only deepened anxiety about policy steps to revive growth, driving Europe’s Stoxx 600 index down as much as 1.2% to the lowest in a month. US equity futures pointed to a …