Traders work on the floor of the New York Stock Exchange on Tuesday. Reuters
The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays. But this year comparatively little has been happening.
London Metal Exchange’s (LME) storage problems may badly affect small tin markets, according to analysts. Is the exchange’s physical storage function in danger of slipping into the shadows? That’s the question at the heart of the LME’s latest public discussion paper on its troublesome warehouse network.
European Commission President Jean-Claude Juncker said on Wednesday it was unlikely the European Union would reach any decision on Brexit at this week’s summit in Brussels.
The Federal Tax Authority (FTA), will begin implementing the Cabinet Decision regarding violations of the "Marking Tobacco and Tobacco Products Scheme", which calls for applying Digital Tax Stamps on the packaging of said products before supplying them to local markets.
Further monetary policy easing is expected as the economy struggles with a demand downturn, liquidity constraint and a high finance cost, sources said on Friday. It is learnt that Reserve Bank of India would stick with its stance and further lower the repo rate, which will in turn reinvigorate consumer
Pakistan and the United States vowed to restructure bilateral ties and focus more on promoting private sector and investment relationship. The development came into being in a meeting of US Ambassador Charge d’Affaires, Paul W Jones with Adviser to the Prime Minister on Finance,
As part of the Abu Dhabi Securities Exchange’s (ADX) strategy aimed at bolstering its leading position in the region and extending its cooperation with global financial markets, Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, met senior officials at the London Stock Exchange