In Asia, shares ex-Japan fell to a six-week low with China mainland stocks down nearly 1% and Hong Kong tumbling 1.3%.
Current and threatened US-China tariffs could slash global economic growth by 0.5 percentage point in 2020, the International Monetary Fund warned on Wednesday as world finance leaders prepare to meet in Japan this weekend. IMF Managing Director Christine Lagarde said in a blog and briefing note for G20 finance
After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation.
China’s state planner said on Friday trade frictions with the United States has had some impact on China’s economy, but it was “controllable” and countermeasures would be rolled-out when needed to
US President Donald Trump's tariff increase to 25% on $200 billion worth of Chinese goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a trade deal.
The cost of living in the UAE is becoming more affordable for expatriates compared to 2020 amidst the push to attract critical talent, more remote workers and freelancers, revealed a survey on Tuesday.
Our assessment and recent economic data point to a post-pandemic rebound of the UAE economy. The UAE banking system remains resilient, and our support measures in the form of the CBUAE’s
The Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi), has announced the resumption of cruise liners in Abu Dhabi starting from 1st September, 2021,