Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul on Thursday. Associated Press
World shares dipped on Monday as the US Senate’s passage of a $1.9 trillion stimulus bill put fresh pressure on Treasuries and tech stocks with lofty valuations, raising inflation jitters.
Global stocks hit their highest levels in over three weeks on Tuesday, as investors bet the US Federal Reserve and other central banks’ meeting this week will keep policies accommodative
World shares slipped off 21-month highs on Wednesday as the prospect of a US interest rate cut was offset by reports a Sino-US trade deal may be delayed,
Blue Whale Acquisition Corp I, a new special purpose acquisition company (SPAC) formed by Abu Dhabi’s Mubadala Capital, announced on Wednesday that it raised $200 million by offering 20 million units at $10 per unit. The units of the new entity targeting media, entertainment
Global shares rode earnings to a record high on Wednesday, while the dollar and Treasury yields languished in the wait for US employment data to provide clues to the pace of monetary tightening in the world’s biggest economy. Strong corporate profits have eased concerns over
The Sharjah Entrepreneurship Center (Sheraa) is empowering a group of tech-minded young students in the UAE by sponsoring their participation in a unique coding journey designed to develop key future skills as part of the Leagues of Code Summer Camp.
Abu Dhabi Department of Economic Development’s (ADDED) Industrial Development Bureau (IDB) announces the activation of a monitoring and self-evaluation programme for the industrial facilities in Abu Dhabi, to encourage them to self-evaluate their processes with