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Goldman Sachs warns against being ‘too early’ in fading recession risk

Bloomberg Investors may be getting overconfident in betting the Federal Reserve may cut interest rates sooner to bolster a flagging US economy, according to Goldman Sachs Group Inc. strategists. “Looking at the re-pricing of cyclical assets in the US and EU, we think the market might have been too complacent too soon in fading recession risks on expectations of a ...

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Third auction of UAE’s treasury bonds oversubscribed 5.1 times

  ABU DHABI / WAM The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the central bank of the UAE (CBUAE) as the issuing and paying agent, has announced the results of the third auction of the Treasury Bonds programme (T-Bonds), which is part of the AED9 billion T-Bond issuance programme for ...

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UAE President, Romanian PM discuss ways to enhance ties

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday received a phone call from Nicolae Ciucă, Prime Minister of Romania, during which they discussed cooperation relations between the UAE and Romania, and ways of enhancing and developing them in various fields.They also explored joint cooperation, especially in economic, investment and developmental fields, to ...

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