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MoF hosts Gulf Economic Integration meeting

  Abu Dhabi / Emirates Business The Ministry of Finance (MoF) held a meeting on joint Gulf economic integration. The meeting reflects the Ministry’s commitment to review the components of the GCC joint economic action, and the UAE’s role in supporting the Gulf economic integration projects. The meeting was attended by HE Younis Haji Al Khoori, Undersecretary of MoF and ...

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China plans to boost sagging exports

  BEIJING / AP China’s Cabinet approved measures to boost exports in a move that might inflame tensions with Western trading partners that accuse Beijing of flooding their markets with steel and other goods at improperly low prices. The announcement comes as Beijing struggles to reduce a glut of goods in an array of industries and reverse an export decline ...

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Japan plans $7.2bn extra budget for quake relief

  Tokyo / Bloomberg Japan will compile a 778 billion yen ($7.2 billion) extra budget to aid the recovery from a series of huge quakes in southern Japan last month, according to ruling party officials with direct knowledge of the spending plan. The government can cover the cost of the supplementary budget because interest payments on Japanese government bonds have ...

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