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    Dubai’s GDP expands in first nine months of 2024 to reach Dhs339.4 billion

    Dubai’s GDP expands in first nine months of 2024 to reach Dhs339.4 billion

    07 Feb 2025

    Dubai’s economy continued its strong upward growth trajectory, with Gross Domestic Product (GDP) in the first nine months of 2024 rising 3.1 per cent from the same period in 2023...

    India’s central bank cuts repo rate by 25 bps to spur growth

    India’s central bank cuts repo rate by 25 bps to spur growth

    07 Feb 2025

    The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent.RBI Governor Sanjay Malhotra said the...

    Stocks, dollar stumble as China quickly hits back at US tariffs

    Stocks, dollar stumble as China quickly hits back at US tariffs

    04 Feb 2025

    US stock futures and the dollar fell on Tuesday, while Hong Kong shares slipped from two-month highs, as the US and China went tit-for-tat on tariffs and raised the spectre...

    Wall Street nosedives as Trump’s tariffs hit stock markets globally

    Wall Street nosedives as Trump’s tariffs hit stock markets globally

    03 Feb 2025

    Worries about President Donald Trump’s tariffs are hurting US stocks on Monday as financial markets worldwide drop on concerns about a potential trade war.The S&P 500 was down 1.4% in...

    Key US inflation measure posts largest monthly gain since April

    Key US inflation measure posts largest monthly gain since April

    02 Feb 2025

    US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting...

    US economy resilient despite moderation in growth

    US economy resilient despite moderation in growth

    02 Feb 2025

    US economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years,...

    DFM achieves total revenues of Dhs632.3 million last year

    DFM achieves total revenues of Dhs632.3 million last year

    31 Jan 2025

    Dubai Financial Market Company announced its consolidated results for the fiscal year ending on December 31st, 2024, highlighting a 24 per cent increase in net profit (pre-tax) to Dhs409.3 million,...

    European stock markets jump to record peak as tech jitters abate

    European stock markets jump to record peak as tech jitters abate

    28 Jan 2025

    European shares climbed to a record high on Tuesday with retail and utilities stocks leading the broader gains, as selling pressures ebbed a day after the Chinese AI startup DeepSeek...

    Global stocks steady, dollar dips as investors await Trump’s next move

    Global stocks steady, dollar dips as investors await Trump’s next move

    23 Jan 2025

    Global stocks steadied on Thursday, as a rally fuelled by Donald Trump’s spending plans for artificial intelligence infrastructure fizzled out and caution set in over what the new US president’s...

    Japan’s trade deficit shrinks 44% in 2024 from a year earlier to $34b

    Japan’s trade deficit shrinks 44% in 2024 from a year earlier to $34b

    23 Jan 2025

    Japan’s trade deficit in 2024 shrank 44 per cent from a year earlier to 5.33 trillion yen ($34 billion), as exports hit a record high due to robust vehicle and...

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