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Rupee little changed, bucks regional volatility trends ahead of US election

24 Oct 2024

The Indian rupee was largely flat on Thursday with volatility expectations signalling that the currency is expected to remain rangebound, even as its regional peers brace for swings heading...

IMF predicts slightly slower global growth in 2024 and 2025

22 Oct 2024

Global growth is expected to ease slightly to 3.2 per cent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures...

Hyundai Motor India drops 7% on debut after country’s biggest IPO

22 Oct 2024

Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country’s biggest ever initial public offering (IPO) amid concerns...

China tees up fresh spending to boost sputtering economy

12 Oct 2024

China said on Saturday it would issue special bonds to help its sputtering economy, signalling a spending spree to bolster banks, shore up the property market and ease local government...

ADX launches programme to boost financial, investment knowledge

08 Oct 2024

Abu Dhabi Securities Exchange (ADX) has participated in the global Ring the Bell for Financial Literacy initiative led by the International Organisation of Securities Commissions (IOSCO) and supported by the...

Investors look to earnings to back record-high stock prices

06 Oct 2024

A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly rich valuations in a US stock market near record highs. The case...

‘Taqa prices $1.75 billion dual tranche

04 Oct 2024

Abu Dhabi National Energy Company (Taqa) announced the successful pricing of an aggregate $1.75 billion in 7-year and 12-year dual-tranche senior unsecured notes. The 12-year notes, sized at $850 million...

SCAD reports 4.1% growth in Abu Dhabi’s GDP in Q2

01 Oct 2024

Statistics Centre - Abu Dhabi (SCAD) has released preliminary estimates revealing a 4.1 per cent growth in the emirate’s gross domestic product (GDP) during the second quarter of 2024, compared...

DFM best performing market regionally in 2024

01 Oct 2024

An economic report revealed that Dubai Financial Market’s (DFM) General Index recorded double-digit gains of 10.9 percent, the biggest in the Gulf Cooperation Council (GCC) region since the beginning of...

Global stocks notch new highs on China stimulus, Fed easing bets

27 Sep 2024

China’s big stimulus steps and benign US inflation data pushed global stocks to all-time highs on Friday, while the yen firmed sharply against the dollar after Japan’s former defence minister...

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