Oil slipped again on Wednesday, extending losses from a 7 percent plunge the previous session as surging …
Slump
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Asian stocks slid on Monday as investor sentiment took a hit amid the renewed slump in the …
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Oil prices on Thursday hit fresh two-and-a-half year highs and were at levels last seen at the …
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World
European shares close after recovering the day’s losses; Steinhoff tanks 63%
by Yomna Yasserby Yomna YasserEuropean markets closed lower by a small margin Wednesday afternoon as investors reacted to a slump in …
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forex news
Oil prices rise from one-month lows after OPEC approves strategy
by Yomna Yasserby Yomna YasserOil prices edged higher from one-month lows in early trading in Asia on Tuesday after OPEC agreed …
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Asian stocks settled near one-year highs on Wednesday while the safe-haven yen slumped after Japan’s government announced …
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Financial Institutions
Abu Dhabi eyes merger of sovereign funds Mubadala and IPIC
by aya salahby aya salahAbu Dhabi plans to merge two of its largest sovereign investments funds as the sheikhdom pursues consolidation …
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Asian markets joined the slump in global equities on Wednesday, as the U.S. dollar strengthened and oil …
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forex news
Yen soars, stocks slump as BOJ holds policy, pushes back inflation target
by Noha Gadby Noha GadThe Bank of Japan held off from expanding monetary stimulus on Thursday, defying market expectations for action …
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Barclays (BARC.L) reported a worse than expected 33 percent slump in pretax profits for the first three …