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S&P: With only four defaults globally in August, the U.S. and Europe 12-month trailing speculative-grade default rate dropped in August to 2.85% and 4.02%, respectively

00:01 - 30/09/21

Crypto spot trading activity peaks at 2 p.m UTC coinciding with the open of US markets

Cathie Wood sells more Tesla stock

The pound’s worst day in a year revives emerging-market parallels

UAE banks are among the most vulnerable in the GCC region, as a result of their high exposure to real estate and other hard-hit sectors, while Saudi banks are better placed thanks to stronger profitability