Shenzhen and Dubai Forge Stronger Financial Ties with New Cross-Border ETF Agreement
September 3, 2024--The Shenzhen Stock Exchange and Dubai Financial Market recently signed a memorandum of understanding (MOU) to enhance cross-border investing between China and the United Arab Emirates (UAE), with a focus on exchange-traded funds (ETFs), per reporting by the Financial Times. This partnership marks a significant step in the growing financial relationship between China and the Middle East. |
Under the MOU, the two exchanges will collaborate on several initiatives, including dual listings, shared displays of indices, and fixed-income offerings. They aim to facilitate investor access to the secondary markets in both nations. Additionally, the exchanges plan to host joint roadshows, seminars, and training sessions to bolster their capital markets, improve trading opportunities for listed companies, and develop market regulations and environmental, social, and governance (ESG) practices. |
Goods barometer rises above trend, signalling upturn in trade volumeSeptember 4, 2024--Global goods trade has continued to recover in the third quarter of 2024 after demand for traded goods stalled in 2023 amid high inflation and rising interest rates, according to the latest WTO Goods Trade Barometer. |
WTO launches new interactive tool "World Trade Statistics 2023-Key insights and trends"July 31, 2024--The WTO issued on 31 July "World Trade Statistics 2023", a new interactive tool presenting key data and trends for international merchandise and commercial services trade in 2023. The digital platform allows users to view the latest trends in world trade, in terms of both value and volume, using filters to display the data by economy, region, selected grouping, product group and services sector. |
IMF-The Global Economy in a Sticky Spot-Global growth broadly unchanged amid persistent services inflationJuly 23, 2024--Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025.
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