Bloomberg Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension pot, considers the impact of its investments on markets and isn’t distorting the country’s stocks, said Hirohide Yamaguchi, the newly appointed chairman of the fund’s board of governors. Yamaguchi, a former deputy governor of the Bank of Japan (BOJ), said also that it was important to look at the ...

ABU DHABI / WAM The United Arab Emirates has affirmed its full solidarity with the Hashemite Kingdom of Jordan, and expressed its full support for any measures taken by King of Jordan, King Abdullah II, and Jordanian Crown Prince Hussein bin Abdullah to preserve the security and stability of Jordan and defuse any attempt that seeks to jeopardise either. The ...

Bloomberg Saudi Arabia raised prices for oil shipments to customers in its main market of Asia, signaling the kingdom’s confidence in the region’s economic recovery. The decision comes after the Opec+ cartel, led by the Saudis and Russia, agreed to boost daily crude production by more than 2 million barrels between May and July. Aramco, the Saudi state energy firm, ...