UAE economy extends global rise on strong 2026 data
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment,...
Tag : banking sector
South Korea central bank hits record annual profit
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains...
Austria among seven EU nations sued for missing NPL Directive deadline
The European Commission has sued Austria and six other EU nations for failing to implement the Non-Performing Loans Directive, pushing for financial sanctions....
Stable monetary policy propels Nikkei to an eight-month peak
In a significant financial development, the Nikkei, Japan’s premier stock index, surged to an eight-month high, driven by the Bank of Japan’s (BOJ) decision to...