ABU DHABI / WAM Chinese media outlets have praised the UAE’s support to China in …
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Dubai Investments net profit hits AED657.6m
Dubai / WAM The total full-year net profit recorded by the Dubai Investments, which is …
Read More »DP World handles 7m TEU in 2019
Dubai / WAM DP World handled 71.2 million TEU (twenty-foot equivalent units) across its global …
Read More »Equities rally globally after halt in Chinese share sell-off
Bloomberg US equity futures jumped with European stocks on Tuesday after a sell-off in Chinese …
Read More »Pound gains as BOE rate-cut bets fade on UK construction data
Bloomberg The pound erased losses after traders pushed back bets for a Bank of England …
Read More »Biggest fortunes tied to China stocks cut $10.4bn in a day
Bloomberg The spread of the coronavirus to China’s stock market erased more than $10 billion …
Read More »Asia faces rate-cut pressure to curb fallout from virus
Bloomberg Central banks in Asia face increasing calls to cut interest rates as they jump …
Read More »ECB’s Jens Weidmann signals openness to tweaking inflation goal
Bloomberg The European Central Bank (ECB) needs an “understandable, forward-looking and realistic†inflation goal — …
Read More »Credit Suisse scraps HK conference over virus
Bloomberg Credit Suisse Group AG scrapped its annual Asia investment conference next month as the …
Read More »Citi trader suspended for ‘stealing’ from cafeteria
Bloomberg Citigroup Inc suspended its head of high-yield credit trading for Europe, the Middle East …
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