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Yuan flexes its muscles in international trade

THIS year’s near-doubling of the yuan’s share as a global payments currency has largely gone unremarked because the figures are still rather modest, and forecasts of the dollar’s impending demise have so far turned out to be greatly exaggerated. ....

New Delhi , Hong Kong , Alicia Garcia Herrero , Andy Mukherjee , Garcia Herrero , People Bank , Administration Of Foreign Exchange , Moody Investors Service , President Xi Jinping , Financial Times , State Administration , Foreign Exchange , Investors Service , Bloomberg Opinion , Interest Rate ,

Lavrov: No justification for collective punishment of Palestinian people

MOSCOW: Russian Foreign Minister Sergey Lavrov on Sunday said it was not acceptable for Israel to use the Hamas attack on Oct. 7 as justification for the collective punishment of the Palestinian people and called for international monitoring on the ground in Gaza. Israeli tanks battled their way to the center of Khan Younis on Sunday in a major new. ....

United States , Mirza Fakhrul Islam Alamgir , Sheikh Hasina , Mohammada Arafat , Iftekhar Zaman , Ruhul Kabir Rizvi , Joydeb Sana , Khaleda Zia , European Union , Us State Department , International Human Rights Day , Election Commission , Associated Press , International Affairs Committee , National Press Club , United Nations , Awami League , Sheikh Hasina Awami League , Transparency International Bangladesh , Bangladesh Nationalist Party , Prime Minister Khaleda Zia , South Asian , Prime Minister Sheikh Hasina , Secretary General Mirza Fakhrul Islam , York Based Human Rights Watch , Kabir Rizvi ,

US dollar steady with US inflation, Fed meeting eyed; yuan heavy

SINGAPORE, Dec 11 The dollar started yesterday on the front foot, with a reading on US inflation and the Federal Reserve’s last policy meeting for the year likely to set the. ....

New Zealand , Joseph Capurso , Jerome Powell , Market Committee , Federal Reserve , Commonwealth Bank , Federal Open Market Committee , Alvin Tan , Us Dollar ,

ACWA Power's major shareholder Al Rajhi Holding Group plans to transfer ownership of its shares

RIYADH: Saudi ACWA Power is set for a change in its major shareholder list as Al Rajhi Holding Group, with an 11.205 percent stake, plans an internal transaction, transferring ownership to the investment portfolios of its affiliated companies. In a bourse filing, ACWA Power stated that it has received a letter from Al Rajhi expressing its intent to carry out. ....

Saudi Arabia , Ar Riya , Yasmine El Tohamy , Albaraa Al Wazir , World Bank , Investment Fund , National Development Fund , Us Saudi Business Council , Saudi Central Bank , International Bar Association , Ministry Of Investment , Public Investment Fund , Saudi Business Council , Middle East , Fixed Capital Formation , National Development , Gulf Daily News , Ubai News Website , Gulf News , Orld Muslim Prayer Timings , Ubai Labour News , Dubai Metro , Urj Dubai News , Haleej Times Online , Used Cars , Gold Rates ,

Moody's upgrades Oman's credit rating to Ba1, with stable outlook

RIYADH: Further improvement in Oman’s debt burden led US-based Moody’s Investors Service to upgrade its credit rating for the second consecutive time this year from “Ba2” to “Ba1”. The upgrade in rating is attributed to improvements in debt affordability metrics, according to a statement. This positive shift primarily results from spending restraints and the utilization of additional revenues in reducing. ....

Saudi Arabia , Ar Riya , Yasmine El Tohamy , Albaraa Al Wazir , Investment Fund , National Development Fund , Saudi Central Bank , Us Saudi Business Council , International Bar Association , Ministry Of Investment , World Bank , Public Investment Fund , Saudi Business Council , Middle East , Fixed Capital Formation , National Development , Gulf Daily News , Ubai News Website , Gulf News , Orld Muslim Prayer Timings , Ubai Labour News , Dubai Metro , Urj Dubai News , Haleej Times Online , Used Cars , Gold Rates ,