Trading

Japanese yen steadied on Monday as winner of the ruling Liberal Democratic Party’s (LDP) leadership, Japan’s incoming prime minister Shigeru Ishiba signaled monetary policy should remain accommodative, while commodity currencies were lifted to the yea…

SHARJAH: Alef Group, the leading real estate development company in the Emirate of Sharjah, has announced the launch of its latest residential project, Olfah. Positioned as the development with Sharjah’s largest private community park, the AED2.5 bill…

DUBAI: The Ministry of Finance has announced the launch of a dedicated page for the World Bank’s advisory services on its website. The webpage allows local entities to apply for the Bank’s advisory services and monitor the status of their requests eff…

Oil prices rose slightly on Monday amid growing concerns about potential supply disruptions from the oil-producing Middle East.

Brent crude futures for November delivery increased by 16 cents, or 0.22%, reaching $72.14 a barrel.

US West Texas Interm…

Lebanon is grappling with severe economic and living conditions due to ongoing Israeli attacks since October, which have recently escalated, pushing the country deeper into its worst economic crisis since 2019.

The negative repercussions on the Leban…

South Korea’s industrial output increased for the first time in four months last month on the rising production in the auto and semiconductor sectors, data showed Monday.

Retail sales, a gauge of private spending, also rose by the most in 18 months i…

ABU DHABI: Ali Abdullah Sharafi, Assistant Under-Secretary of the International Financial Relationship Sector at the Ministry of Finance (MoF), highlighted the Ministry’s commitment to enhancing its strategic partnership with the World Bank to help ac…

Japan’s Nikkei stock index sank more than 4% on Monday, as the yen strengthened after Shigeru Ishiba won the ruling Liberal Democratic Party’s leadership elections late last week.

The 225-issue Nikkei Stock Average fell 1,849.22 points, or 4.64%, fro…