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Nikkei 225 drops after briefly touching fresh 33-year high

BLOOMBERG Japanese stocks fell after the Nikkei 225 Stock Average’s short-lived pop to a fresh 33-year high. Automakers including Mazda Motor Corp led the decline on the stronger yen. The Nikkei rose as much as 0.8% on Monday to the highest since March 1990, before reversing course and declining 0.6% to 33,388.03 at the market close in Tokyo. Exporters led ...

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Greenback extends decline, US equity futures steady

BLOOMBERG The dollar extended a decline, with a gauge of greenback strength hitting its lowest level since August, amid speculation the Federal Reserve is nearing the end of its rate-hike cycle. Traders are currently pricing in about a 30% chance of a first Fed rate cut in March following cool inflation data last week. Investors are awaiting publication on Tuesday ...

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Ahmed bin Mohammed honours UAE’s champion athletes who excelled in Asian Games and Asian Para Games

DUBAI/WAM H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and President of the UAE National Olympic Committee (NOC), today honoured UAE’s champion athletes who secured 31 medals in the Asian Games and Asian Para Games, both of which concluded last month in Hangzhou, China. The ceremony, organised by the NOC, took place at Emirates ...

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