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South African stocks edge lower in risk-off mood

Bloomberg South Africa’s main stock benchmark index halted a five-day rally, dropping 0.1% by 9:45 am in Johannesburg and slipping from the highest close since April 2019, as a downturn in miners and weakness among banks pulls the market lower. The gauge joined peers in Asia in declining on Tuesday, as swelling coronavirus infections across the US weighed on risk ...

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Abraham Accords shows way forward for Korean peace: Kang

ABU DHABI / WAM Abraham Accords proves that decades-long disputes can be solved through negotiations, which could be possible in the Korean peace process as well, South Korea’s top diplomat told Emirates News Agency. “I think looking at the breakthrough here with Abraham Accords, you realise how with bold decision making, you can really make big changes. We have also ...

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Barakah nuclear plant Unit 1 reaches 100% power capacity

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah), has successfully achieved 100% of the rated reactor power capacity for Unit 1 of the Barakah Nuclear Energy Plant. This major milestone brings the Barakah plant one step closer to commencing commercial operations, scheduled in early 2021. 100% ...

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