Bloomberg Japanese stocks made a full recovery from the Bank of Japan’s (BOJ) surprise revision to its yield-curve-control policy last month. Both the Topix and Nikkei 225 Stock Average closed above levels seen prior to December 20, 2022, when the BOJ abruptly doubled its cap on Japan’s 10-year bond yield to 0.5%. With the BOJ’s latest decision to leave policy ...

  Dubai / WAM Grant Shapps, UK’s Secretary of State for Business, Energy, and Industrial Strategy, said in an interview in Abu Dhabi that the energy events hosted by the UAE represent its approach towards sustainability. “I think it is an amazing year for the UAE as it is hosting the world’s biggest UN climate conference – COP 28. I ...

  Abu Dhabi / WAM The central bank of the United Arab Emirates (CBUAE) announced that gross banks’ assets, including bankers’ acceptances, increased by 0.7%, rising from AED 3.615 trillion at the end of October 2022 to AED3.639 trillion at the end of November 2022. According to figures published in CBUAE’s November summary report on monetary and banking developments, gross ...