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Abu Dhabi named top tourist destination in Middle East

Abu Dhabi / WAM Abu Dhabi won first place in the Best Destination – Middle East category for the second consecutive time at the Travel Weekly Asia Readers’ Choice Awards 2019. The award coincided with the emirate’s participation in the 12th edition of the ITB Asia travel trade show in Singapore, where the Department of Culture and Tourism – Abu ...

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China’s Liu confirms phase one of US trade deal is in progress

Bloomberg China’s top trade negotiator offered positive signals that talks with the US are making progress and both sides are working towards a partial trade deal. “China and the US have made substantial progress in many aspects, and laid an important foundation for a phase one agreement,” Vice Premier Liu He said at a technology conference in Nanchang, Jiangxi. He ...

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Japan toughens rules on foreigners owning stocks

Bloomberg Prime Minister Shinzo Abe’s cabinet approved draft legislation to impose tougher rules on overseas investments in the nation’s stock market, targeting foreign state-owned firms. The planned rules will require overseas investors to report in advance when they plan to buy more than 1% of shares in companies related to Japan’s national security, compared with the current 10% threshold, according ...

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