Currency traders work at the foreign exchange dealing room in Seoul, South Korea, on Tuesday. Associated Press
World stocks held near record highs on Thursday as some encouraging US data ensured there was no post US-China trade deal hangover for global markets.
World shares slipped on Friday as a leading index strained for a record high, with investor nerves from Asia to Europe gnawing away over how or when the United States and China can agree a truce in their damaging trade war.
US officials announced a truce in the trade war with China with much fanfare, but economists and trade experts call it largely a victory for Beijing.
The benchmark Nikkei 225 index rose 0.41 per cent, or 93.72 points, to 22,843.96, while the broader Topix index jumped 1.23 per cent, or 19.57 points, to 1,605.53.
The number of people in work in Britain has suffered the biggest drop since 2009 and signs are growing that the coronavirus will take a heavier toll on the labour market as the government winds down its huge job-protection scheme.
Emaar Malls reported revenue of Dhs1.657 billion ($ 451 million) in the first half of 2020. With a first-half net profit of Dhs345 million ($ 94 million) the result demonstrates the resilience of the business.
Dubai Land Department, in cooperation with Property Finder, launched the fourth edition of Mo’asher, Dubai’s official sales price index. The base year for Mo’asher is 2012 and the base month for the monthly index is January 2012,