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The UAE Deputy Minister of Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure stated that the UAE's renewable energy production capacity has increased more than 63 times in ten years, from 129 megawatts in 2015 to over 8.2 giga

2026-08-31

The UAE Deputy Minister of Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure stated that the UAE's renewable energy production capacity has increased more than 63 times in ten years, from 129 megawatts in 2015 to over 8.2 gigawatts in 2025, while clean energy's contribution to electricity production reached 32.4% in 2025, with a target of increasing it to 35% by 2031.

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2026-08-31

U.S. Treasury Secretary Bessent is expected to meet Bank of Japan Governor Ueda on Monday at the G20 finance ministers meeting. Nomura’s chief economist said the yen dropping below 160 per dollar and 10-year JGB yields approaching 3% could prompt Bes

U.S. Treasury Secretary Bessent is expected to meet Bank of Japan Governor Ueda on Monday at the G20 finance ministers meeting. Nomura’s chief economist said the yen dropping below 160 per dollar and 10-year JGB yields approaching 3% could prompt Bessent to urge Tokyo to adopt prudent fiscal policy and allow tighter monetary policy to curb risks from a weaker yen and falling bond prices. Nomura added the Trump administration may press Tokyo more forcefully than before—seeking assurances that Tokyo will avoid policies that hinder BOJ tightening in exchange for coordinated currency intervention—and Tokyo could signal readiness to cooperate with Washington on exchange-rate stability, raising the prospect of renewed joint intervention.
2026-08-31

Hong Kong-listed mainland property stocks surged, with Sunac China (01918.HK) and Country Garden (02007.HK) both rising over 14%, Shimao Group (00813.HK) up over 10%, and Vanke (02202.HK) up over 8%. Longfor Group (00960.HK) and Seazen Holdings (0103

Hong Kong-listed mainland property stocks surged, with Sunac China (01918.HK) and Country Garden (02007.HK) both rising over 14%, Shimao Group (00813.HK) up over 10%, and Vanke (02202.HK) up over 8%. Longfor Group (00960.HK) and Seazen Holdings (01030.HK) also followed suit. This surge was driven by news that the People's Bank of China and the State Financial Regulatory Commission jointly issued the "Opinions on Reforming and Improving Real Estate Credit Management and Promoting the Accelerated Construction of a New Model for Real Estate Development."
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