Tuesday , 16 December 2025

Recent Posts

UAE President meets with heads of delegations at COP28

DUBAI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday met individually with Santiago Peña, President of the Republic of Paraguay; Dr Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia; and Ding Xuexiang, Special Envoy of the President of the People’s Republic of China, on the sidelines of the UN Climate Change …

Read More »

Euro drops, stocks gain as ECB rate cut expectations build

BLOOMBERG The euro retreated and stocks climbed as decelerating European inflation added fuel to broader rate-cut expectations that have spurred a global rally in assets this month. The currency was trading 0.4% weaker versus the dollar after the pace of price growth in the region cooled more than expected. Ten-year bund yields were slightly lower after slipping as much as …

Read More »

Rand falls victim to South Africa’s ‘noise’ in dismal November

BLOOMBERG November has been good to South Africa’s rand for the past five years. This time is different. South Africa’s currency is on track for an 0.3% decline against the dollar this month, one of only four emerging-market peers to weaken. MSCI’s developing nation currency index is set for a 2.9% November gain. That’s in contrast to the rand’s performance …

Read More »