Bloomberg There’s a new king in the world of Japanese pharma after hopes for a coronavirus treatment helped to turbocharge its shares. Chugai Pharmaceutical Co., Japan’s leading oncology company, is the best performer on the Nikkei 225 this year, up almost 56% versus the 2% drop in the broader index. The surge has brought its market value almost neck-and-neck with ...

ABU DHABI / AGENCIES During a video conference, Opec+ alliance agreed to extend production cut to the end of July. The videoconference meeting was held in an atmosphere of cooperation and a collective determination to maintain a balance in the oil market, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, wrote on Twitter. “The UAE is ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and Abu Dhabi Exports Office (Adex) – the UAE-wide export financing entity founded by Abu Dhabi Fund for Development – signed a Memorandum of Understanding (MoU) to develop exports climate in the UAE, solidifying their commitment to expanding nation’s exports reputation and ensuring local economic growth across the UAE. Through partnership, ...