RUSSIA’S dominant lender Sberbank will be forced to close its office in the United Arab Emirates (UAE) early next year, first deputy chairman Alexander Vedyakhin said on Monday (Dec 26), blaming sanctions pressure.
JAPAN’S Ministry of Finance has finalised its plan to raise the 10-year Japanese government bond (JGB) coupon rate to 0.4-0.5 per cent from the Jan 5 auction, doubling the current 0.2 per cent, Kyodo news agency said on Monday (Dec 26).
