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S Korea to extend FX trading, ease rules for global funds

  Bloomberg South Korea will extend trading in its foreign-exchange market and ease restrictions against overseas investors in a bid to encourage more foreign participation — reversing a decades-old policy intended to limit volatile capital flows. Onshore dollar-won spot market trading hours will be extended significantly from the current 9:00 am to 3:30 pm local time span, the finance ministry ...

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Sheikh Mohamed calls Pakistan premier, condemns Lahore blast

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday made a phone call to Imran Khan, Prime Minister of Pakistan, expressing his strong condemnation and denunciation of the blast that hit the Pakistani city of Lahore, which killed a number ...

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UAE destroys two ballistic missiles fired by Houthis

ABU DHABI / WAM The Ministry of Defence announced on Monday that its air defence forces had intercepted and destroyed two ballistic missiles targeting the UAE, which were fired by the Houthi terrorist militia. The ministry confirmed that there were no casualties resulting from the attack, as the fragments of the ballistic missiles fell in different areas around the UAE ...

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