Tag : banking sector

Business

UAE economy extends global rise on strong 2026 data

manamalive.com
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, reinforcing its position as one of the region’s fastest-growing economies....
Business

South Korea central bank hits record annual profit

manamalive.com
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 on foreign-currency assets and stronger securities prices lifted results. The...
European Commission sues Austria and six states over NPL Directive
News

European Commission sues Austria and six states over NPL Directive

manamalive.com
The European Commission has initiated legal action against Austria and six other EU member states at the European Court of Justice (ECJ) over their failure to implement the EU Non-Performing Loans (NPL) Directive within the...
Stable monetary policy propels Nikkei to an eight-month peak
Business

Stable monetary policy propels Nikkei to an eight-month peak

manamalive.com
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 sustain its ultra-easy monetary policy. The central bank's move, along...