Recent Posts

Bitcoin eyes longest winning streak in 2021

Bloomberg A continuing recovery in Bitcoin has put the largest cryptocurrency on course for its longest winning streak this year. The virtual coin rose as much as 6.1% to top $40,000 and was trading at about $39,700 as of 8:15 am in London on Wednesday. It’s advanced for eight straight days. Other coins including second-ranked Ether climbed, boosting the Bloomberg ...

Read More »

China bond bulls unfazed amid growing crackdowns

Bloomberg While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity. Risk aversion swept the country and spread globally this week after China cracked down on private-education firms. Although reassurance from state media on Wednesday helped stem a selloff in stocks, sentiment remains fragile. The same ...

Read More »

Abu Dhabi fund’s role in driving sustainable development lauded

Abu Dhbai / WAM On the occasion of the 50th anniversary of the Abu Dhabi Fund for Development (ADFD), ministers and government officials stated that the UAE has effectively contributed to supporting the implementation of the 2030 Agenda for Sustainable Development in developing countries. In this context, they highlighted the crucial role of the ADFD in establishing the UAE as ...

Read More »
Send this to a friend