BEIJING: China’s central bank conducted 149.1 billion yuan (US$20.9 billion) of seven-day reverse repos at an interest rate of 1.7 percent Tuesday.
Xinhua News Agency quoted a statement from the People’s Bank of China as saying that the move aims to …
Japan’s Nikkei share average closed higher on Tuesday, supported by a softer yen and gains of technology share which tracked their US peers higher to help lift the overall benchmark index, as Wall Street continued to rebound from a steep sell-off seen…
DUBAI: The World Green Economy Summit (WGES) has announced that achieving climate justice and empowering impoverished communities are the top objectives of the summit.
The summit, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al…
Doha: The general index of Qatar Stock Exchange (QSE) edged lower by 0.05% at the start of trading on Monday, losing 4.87 points, down to the level of 10,407 points, compared to Sunday’s closing.
The index was weighed dawn by a decline in Banks and F…
Ramallah-Ma’an- The National Bank has obtained the ISO 27001:2022 international certificate for meeting international specifications for information security, after a series of audits and examinations conducted on the bank throughout the year by an ac…
Gold prices held above the $2,500 mark on Tuesday, buoyed by a weaker US dollar and Treasury yields, while traders awaited minutes of the Federal Reserve’s last policy meeting for further cues on interest rate cuts.
Spot gold edged 0.1% higher to $2,…
China’s benchmark lending rates were held unchanged for August, after the central bank lowered them in July.
The one-year loan prime rate was kept steady at 3.35% and the five-year rate was held 3.85%, according to a statement from the People’s Bank …
The dollar hung near a seven-month low on Tuesday on wagers the US central bank will start cutting interest rates from next month.
The dollar index, which measures the US currency against six rivals, touched its lowest since Jan. 2 of 101.82 on Tues…
China’s industrial sector registered a steady revenue growth in July 2024, as indicated by an increase in VAT invoice issuance, the State Taxation Administration said.
Tax data revealed a 6% year-on-year growth in the sales revenue of industrial comp…
South Korea announced on Tuesday that it has resumed negotiations with Malaysia to secure a bilateral free trade agreement, after a 5-year hiatus.
The fourth round of negotiations for the FTA kicked off in Kuala Lumpur for a four-day session, marking…
DUBAI: Dubai Chambers has signed a Memorandum of Understanding (MoU) with the Industrial and Commercial Bank of China Limited – Dubai (DIFC) Branch to enhance cooperation and improve the support available to companies and businesspeople in Dubai and C…
ABU DHABI: The Abu Dhabi Real Estate Centre (ADREC) – the custodian and regulator of Abu Dhabi’s real estate sector – announced today the launch of the first residential Rental Index for Abu Dhabi.
Serving both tenants and landlords, the platform is …