ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Thursday launched the Dubai Social Agenda 33 for the decade until 2033 highlighting the theme of ‘Family: The Foundation of Our Nation’. The launch of the Dubai Social Agenda 33 follows HH Sheikh Mohammed’s tradition …

BEIJING/ WAM China’s central bank conducted 14 billion yuan ($1.97 billion) of seven-day reverse repos at an interest rate of 1.8 percent on Wednesday, reported Xinhua. The move aims to keep liquidity in the banking system reasonable and ample, the People’s Bank of China said in a statement. A reverse repo is a process in which the central bank purchases …

BLOOMBERG JPMorgan Chase & Co hit a fresh record high for the first time in more than two years. Shares of the largest US bank gained 1.2% to $172.08, surpassing the prior high watermark set in October 2021. The New York-based lender has been a top performer in the sector as it posted record results last year, prompting its Chief …