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Banks in the UAE had a good year
The country’s top 10 banks’ aggregate bottom line rose 4.3% q-o-q to AED 23.6 bn
Investors warn of fiscal dominance as rising sovereign debt fuels pressure on central banks
The OECD expects sovereign borrowing by developed economies to hit USD 17 tn this year
US trade war could trigger more expansionary monetary and fiscal policies globally
Central banks can slash interest rates to boost economic activity and combat tariffs
Chinese sovereign bond yields drop to their lowest since 2009 amid demand slowdown and as property market crisis enters fifth year
Developers in the country have defaulted on USD 130 bn bonds since the crisis began — including USD 15 bn…
China headed for further stimulus in 2025
President Xi politburo announced plans for a looser monetary policy, moving away from the “prudent” approach previously followed
Dual-class share structures come to the LSE today + central bankers meet this week in Washington, London, and Tokyo
Plus: Apple is seen pushing its new AI features to updates that will start trickling out in October
Fed’s Jerome Powell expected to fend off hopes of an imminent rate cut
The Fed is in no hurry to cut rates: US Federal Reserve Chief Jerome Powell is widely expected to deliver…