Currency traders work at the foreign exchange dealing room in Seoul on Thursday. Associated Press
Global stocks rose on Friday after a top Federal Reserve official cemented expectations of a US interest rate cut later this month, fuelling appetite for riskier assets and keeping a cap on the dollar.
Europe's share markets struggled on Thursday and the dollar and bond yields trimmed overnight gains made after the US Federal Reserve dampened bets that it might be readying its first interest rate cut in years. Oil and metals markets added to the pressure on stocks as traders knocked copper to a 2-1/2 month low
World shares dipped on Friday as investors awaited progress towards more US fiscal stimulus, while the dollar was set for a weekly loss and cryptocurrency Bitcoin hit a record high.
Expo 2020 Dubai visitor numbers continue to rise, reaching an incredible 10,188,769 visits as of Jan.18, with visitors attracted by the first Global Goals Week
The marked increase in the number of licences issued also reflects the emirate’s position as a leading hub for start-ups, the positive business climate it has created for the business expansion of Dubai-based regional and international companies...
DP World, the leading global logistics company and provider of smart supply chain solutions, on Tuesday announced the launch of its new digital compliance and revenue platform, CARGOES Customs.