Market

Japanese Yen Steadies, Commodity Currencies Hit Record Highs

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…

Japan’s Nikkei Down Over 4% on Stronger Yen

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…

Israeli Attacks Worsen Lebanon’s Already Struggling Economy

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…

Minister of Finance Meets CEO of MSCI

HE Minister of Finance Ali bin Ahmed Al Kuwari met today with Chairperson and Chief Executive Officer of Morgan Stanley Capital International (MSCI) Henry Fernandez.

During the meeting, the two sides discussed bilateral relations and aspects of joint…