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Joint US-Japan currency intervention buys Tokyo time for a September rate hike
The highly unusual coordinated move is a band-aid. Markets know the real fix requires the BOJ to raise rates
THIS MORNING: Wynn might delay the opening of its RAK resort + DP World rolls out war ins. coverage
Plus: UAE, Japan to talk energy support
Business activity across the world is already reeling from the impacts of the war
That’s why economists are increasingly using one word to describe what’s happening: stagflation
UAE, Japan finish CEPA negotiations, discuss energy supplies in light of disruptions
Al Jaber said Japan’s energy security is a priority, but the Strait of Hormuz disruption leaves limited options
UAE + Japan to boost cooperation for food security
PLUS: UAE in talks with Poland to strengthen economic cooperation
Japan and UAE boost energy security ties + President phones new UK PM, Kenyan president
PLUS: UAE + Kenyan president discuss future cooperation
Mubadala snaps up 49% stake in Spanish pipes manufacturer
Mubadala will invest in Tubacex's new OCTG factory in Abu Dhabi as part of the agreement
UAE economic forums with Japan, Switzerland explore boosting economic and trade ties
The Swiss-UAE Economic Forum saw Emirati and Swiss investors explore potential investments in the the countries