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Markets, dollar jump as House advances Trump’s tax cut plans

26 Feb 2025

Global shares and the dollar rose on Wednesday after House Republicans advanced US President Donald Trump’s tax cut plans, while Treasury yields nudged higher after the previous day’s sharp...

Pakistan to shut markets by 8pm to save electricity

07 Jun 2023

Pakistan's federal and provincial governments have unanimously decided to shut markets by 8pm across the country as part of the efforts to conserve energy, Planning Minister Ahsan Iqbal said....

1 dead, 6 injured as Typhoon Kompasu hits Hong Kong

13 Oct 2021

Gulf Today Report Hong Kong remained at a halt on Wednesday as heavy rain from Typhoon Kompasu could flood low-lying areas and residents should take precautions, the Hong Kong...

Asian markets decline, European shares gain

24 Feb 2021

Gulf Today Report Asian markets fell on Wednesday due to worries surrounding rising inflation and lack of confidence in Fed Reserve boss Jerome Powell comments. Hong Kong led...

Equity markets mixed as coronavirus fears dampen sentiment

08 Jul 2020

Asian markets were mixed on Wednesday following the previous day's sharp drop, with optimism about the reopening of economies clouded by concerns about fresh spikes in infections around the...

Markets mostly in reverse after latest stocks surge

07 Jul 2020

Asian markets mostly fell on Tuesday as traders took a step back after their latest rally, with a run of upbeat economic data offset by fears over a spike...

Euro, stocks retreat from rally amid $823b EU stimulus plan

27 May 2020

The euro retreated from near two-month highs and equity markets wavered on Wednesday even as the European Union unveiled a 750 billion euro ($823 billion) recovery fund that helped...

Dubai markets fully compliant with virus guidelines, no fines or shutdown so far

16 May 2020

Gulf Today, Staff Reporter The market witnesses the highest levels of compliance with the guidelines since the market reopening with ZERO fines, ZERO shutdowns, & ZERO warnings. In which...

Global stock markets rally on signs of improving US-China relations

08 May 2020

Global shares rallied on Friday, hitting weekly highs, on signs of improving Sino-American relations and the prospect of more governments gradually reopening their economies. The optimism contrasts with the...

Global growth to dip below last year’s rate, says IMF chief

04 Mar 2020

The new coronavirus epidemic poses a “serious threat” and will slow growth in the world economy to below the 2.9 per cent posted last year, IMF chief Kristalina Georgieva said...

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