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UAE-Korea Cultural Dialogue for 2020 announced in Seoul

Seoul / WAM The UAE and Korea have signed a Memorandum of Understanding, MoU, launching the official UAE-Korea Dialogue for 2020, in the presence of Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, and Park Yang-woo, Korean Minister of Culture, Sports and Tourism. Marking the 40th anniversary of diplomatic relations between the two nations, the UAE-Korea Cultural ...

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US stocks, futures drift lower before Fed meet; bonds climb

Bloomberg Stocks slipped with US equity futures before the Federal Reserve’s final policy decision of the year and amid lingering uncertainty over the progress of trade negotiations between America and China. Treasuries advanced. The Stoxx Europe 600 Index declined, led lower by media and real estate shares. Contracts on the main US equity gauges also drifted lower as traders awaited ...

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India’s oldest mutal fund to boost IPO flow as holders exit

Bloomberg UTI Asset Management Co, India’s oldest mutual fund, is set to go public next year after some of its shareholders came under regulatory pressure to cut stakes. Life Insurance Corp (LIC), State Bank of India (SBI) and Bank of Baroda must reduce their stakes in UTI Asset by the end of 2020, the country’s market regulator said in a ...

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