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Exhibitors positive about retail banking sector in UAE

  DUBAI / Emirates Business Onmi-channel banking services and smart-watch banking hogged much of the limelight at the exhibitions section during the first day of Retail Banking Forum and Expo. Apart from regional biggies active in the field of banking technology, foreign exhibitors showcased their products and services at the event, expecting to end up with business deals and making ...

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Twin quakes hit Japan economy hard

  Tokyo / Bloomberg The death toll from earthquakes that struck southern Japan rose to 42 and the economic impact began to reverberate on Monday as companies surveyed damage and the potential effects on production from supply-chain disruptions. The Topix index slumped 3 percent to 1,320.15 at the close in Tokyo, with all but one of its 33 industry groups ...

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China posts slowest growth on record

  Beijing / Bloomberg China’s economy grew in the first three months of 2016 at its slowest quarter-on-quarter rate since it began releasing the data, the government said, while the real-estate sector rebounded thanks to aggressive stimulus. The world’s second-largest economy expanded 1.1 percent in January-March over the last quarter of 2015, the slowest pace since it started publishing such ...

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