BLOOMBERG Mitsubishi UFJ (MUFJ) Financial Group  Inc has mandated banks to sell dollar-denominated Additional Tier 1 bonds, in what looks set to be the first such offering in the US currency by any Japanese lender. The nation’s banks have long issued AT1 notes in yen because of lower borrowing costs. But they may consider selling such debt in dollars to ...

BLOOMBERG DBS Group Holdings and Citigroup said banking facilities have resumed following a disruption that prevented customers from fulfilling transactions across various platforms. Services are working again after a technical issue at an Equinix Inc data centre used by the lenders was resolved. Payment services were down for several hours, and customers cited the inability to use their cards, access ...

BLOOMBERG The blistering rally in Japanese stocks has unfairly benefited companies that are flouting the bourse’s campaign to boost valuations, creating a major short opportunity, according to a top-performing hedge fund manager. Reform efforts have been touted as one reason for Japan’s world-beating gains this year, but even some “bad governance” companies have been riding the wave, according to Zuhair ...

BLOOMBERG European stocks pared early gains and were steady as traders weighed diplomatic efforts by the US and its allies to prevent further escalation of the Israel-Hamas conflict and braced for the start of earnings season. The Stoxx Europe 600 was little changed in London on Monday, with miners and energy stocks leading gains. Utilities fell and tech stocks also ...

ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, in the presence of H.H. Sheikh Maktoum bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, has witnessed the opening of the 8th World Investment Forum, organised by the ...

ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed with Australian Foreign Minister, Penny Wong, over the phone, the successive developments in the Middle East region, ways to reduce escalation and enhance the humanitarian response to the needs of civilians affected by the current crisis. During the conversation, the two ministers tackled regional and international ...

ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed the latest developments in the region and ways to defuse the ongoing escalation between Gaza and Israel in a telephone call with Annalena Baerbock, Federal Minister for Foreign Affairs of Germany The two top diplomats discussed the efforts of the international community to end the rising ...

ABU DHABI/WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, has visited the Tarahum – for Gaza campaign centre in Abu Dhabi. His Highness Sheikh Theyab, accompanied by Reem bint Ebrahim Al Hashimy, Minister of State for ‎International Cooperation, Her Excellency Shamma bint Suhail Faris Al Mazrui, Minister of Community ‎Development, Noura bint Mohammed Al Kaabi, Minister of State, ...

DUBAI/WAM Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and Ruler of Dubai, the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) announced that the eighth edition of the Knowledge Summit will be held on 21st to 22nd November 2023 at the Dubai World Trade Centre – Sheikh ...

DUBAI/WAM The Global Future Councils 2023 meetings will kick off on Monday, 16th October, as part of the strategic partnership between the UAE government and the World Economic Forum (WEF). Around 600 of the world’s top thought leaders from academia, government, international organisations, business, and civil society from 30 councils will gather in Dubai to address future trends in five ...