Photo used for illustrative purpose.
China’s yuan ended at a fresh 26-month low on Monday and traded below the psychologically critical 7-per-dollar level, pressured by bets for another big rate hike
China’s yuan fell to an 11-year low against the dollar on Monday and stocks dropped as the Sino-US trade war sharply escalated, threatening to inflict more damage on the world’s largest economies.
China on Friday set a modest annual economic growth target, at above 6%, and pledged to create more jobs in cities than last year, as the world’s second-biggest economy planned a careful course out of a year disrupted by COVID-19.
China’s economic recovery quickened sharply in the first quarter to record growth of 18.3% from last year’s deep coronavirus slump, propelled by stronger demand at home and abroad and continued government support for smaller firms.
The Dubai Centre for AI aims to train 1,000 government employees from over 30 government entities on the uses of generative artificial intelligence.
Dubai Multi Commodities Centre (DMCC) signed an agreement with the Administrative Committee of Beijing Daxing International Airport Economic Zone (BDIAEZ)
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on the basis of an assessment of the current and evolving macroeconomic situation, on Thursday