SINGAPORE / WAM Asian stocks stuttered in choppy trade on Wednesday as markets braced for a key US inflation reading, Reuters reported. Meanwhile, the yen lurked just shy of 160 per dollar level, keeping traders on alert for another round of intervention by Japanese authorities. Risk sentiment was also capped as hawkish comments from Federal Reserve officials kept near-term US ...

ABU DHABI/WAM  The Central Bank of the UAE (CBUAE) has issued the Sandbox Conditions Regulation, which aims to attract start-ups and global fintech businesses and create an attractive environment for the financial sector that supports creativity and innovation within a regulatory and supervisory framework. It will also consolidate the financial sector’s competitiveness and support the UAE’s economic growth. The Regulation ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to President Vladimir Putin of the Russian Federation on the victims of the terrorist attacks in Dagestan, wishing the injured a speedy recovery. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness ...