Chinese exports swell ahead of US tariffs that will snarl trade
China’s exports rebounded in March ahead of the massive tariff hikes imposed against it by the US this month, with near-record shipments flow ...
China calls on the US to 'correct its mistakes' by canceling reciprocal tariffs
China called on the United States on Sunday to "correct its mistakes" by canceling its planned tariff hikes and return to a "path of mutual respect ...
Probability of U.S. Economic Recession Rises to 45%
The likelihood of a U.S. economic recession has increased to 45%, according to recent analyses by Goldman Sachs and other financial institutions.&n ...
Morgan Stanley profit beats estimates, CEO hopeful about deals
Morgan Stanley (MS.N), opens new tab beat first-quarter profit estimates on Friday, helped by record equity trading and strong wealth management re ...
Abu Dhabi’s Masdar Completes Acquisition of Terna Energy
Abu Dhabi Future Energy Company (Masdar) has completed the acquisition of 100% shares in Greece’s Terna Energy. The acquisition follo ...
China says Trump’s trade war ‘will end in failure’ as Beijing tariffs take effect
China says Donald Trump’s trade war with Beijing “will end in failure” for Washington, hours after the US president announced he ...
Oil retreats after sharp rally as US-China trade war escalates
Oil prices retreated nearly 3% on Thursday as fears of a deepening U.S.-China trade war and possible recession eclipsed earlier relief created by P ...
China announces 84% tariffs on US goods in showdown with Trump. Europe also hits back
China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, matching additional tariffs imposed by US President Donald Trump ear ...
Oil prices tumble to four-year low as US-China trade war fuels recession fears
Crude oil prices plunged to a fresh four-year low as the US-China trade war escalated. Other economic-growth-sensitive commodities, including iron ...
Aquila Group to open Middle East office in Abu Dhabi
Hamburg-based investment firm Aquila Group is expanding its operations with a new office in Abu Dhabi in the United Arab Emirates as it targets gro ...
Oil prices climb 1% after heavy US tariff-driven selloff
Oil prices were up around 1% on Tuesday, rebounding from a near four-year low in the previous session on concerns that U.S. tariffs might depress d ...
Abu Dhabi records 9% growth in non-oil foreign trade
Abu Dhabi Customs has reported a 9 per cent increase in the emirate’s non-oil foreign trade in 2024, reaching AED 306 billion, up from AED 28 ...
UAE’s outstanding bonds, Sukuk reach $309.4 billion by Q1 2025: Fitch
UAE's outstanding bonds and Sukuk surged to $309.4 billion by Q1 2025, marking an 8.3 percent year-on-year increase, according to Fitch Ratings. ...
Aim Congress 2025: UAE doubles down on sustainable investment pledge amid global challenges
The UAE is doubling down on its commitment to foster economic growth through sustainable investment, which it hopes will be a model for others to f ...
Oil Market Faces 'Quadruple Whammy'
The oil market has faced a “quadruple whammy”, Ole R. Hvalbye, Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB), said in a ...
Gold Rush in China: A Response to Trump's Tariff Turmoil
As the global economy grapples with the ripple effects of former President Donald Trump's sweeping tariff policies, China has emerged as a key play ...
Sustained Growth in UAE's Non-Oil Private Sector: March Insights
The United Arab Emirates' non-oil private sector demonstrated continued expansion in March, reflecting the resilience of the nation's diversified e ...
10% tariff begins, Musk calls for US-Europe 'zero-tariff situation'
American customs officials began collecting the new 10% tariff on imports from many countries on Saturday morning after the US stock market saw its ...
US starts collecting Trump's new 10% tariff, smashing global trade norms
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher lev ...
Oil dives 7% to lowest in over 3 years on China's tariffs
Oil prices plunged 7% on Friday to settle at their lowest in over three years as China ramped up tariffs on U.S. goods, escalating a trade war that ...
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