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Iraq Bulletin

Tag : banking sector

Business

UAE economy extends global rise on strong 2026 data

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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. Releases published in the first quarter and early second quarter pointed to solid momentum carried......
Business

South Korea central bank hits record annual profit

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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 total marked a 96.03% increase from 2024 and surpassed the central bank’s previous high of......
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EU Commission demands sanctions against states failing NPL Directive

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The European Commission has sued Austria and six other EU nations for failing to implement the Non-Performing Loans Directive, pushing for financial sanctions....
Business

Stable monetary policy propels Nikkei to an eight-month peak

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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 with a series of robust domestic earnings, bolstered market sentiment, propelling the Nikkei to its......