ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has said that Commemoration Day is an occasion of profound significance, on which the nation pays tribute to those who selflessly gave their lives in defence of the UAE, its people, its values, and its sovereignty. In a statement to mark Commemoration Day, observed on November …

BLOOMBERG Bitcoin climbed back above $38,000 amid optimism the US central bank may be closer to lowering borrowing costs if inflation continues to decline. The largest cryptocurrency by market value gained as much as 3.3% to $38,264 before trimming the increase. Bitcoin reached an 18-month high of $38,422. Lower rates generally increase investors’ appetite for riskier assets such as digital …

BLOOMBERG Treasuries continued their November rally as expectations grew that the Federal Reserve is done with policy tightening and may start cutting interest rates next year. European equities and US futures edged higher, following a mixed session in Asia. German bonds headed for their longest streak of gains in more than four weeks as state data showed inflation continued to …