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    Most Asian shares rise on Wall Street boost, currencies mixed

    Most Asian shares rise on Wall Street boost, currencies mixed

    18 Jun 2024

    Most emerging Asian stocks rose on Tuesday after Wall Street rallied overnight, with the benchmark index in Taiwan hitting yet another record high, while currencies struggled for direction against a...

    Musk plans stock option grants to Tesla’s high-performers, sources say

    Musk plans stock option grants to Tesla’s high-performers, sources say

    18 Jun 2024

    Tesla CEO Elon Musk told employees on Monday that the electric vehicle maker is working on stock-based compensation for high-performing employees, according to two people who reviewed an internal...

    Three new IPOs added Dhs21.3b to UAE’s markets’ capitalisation in 2024

    Three new IPOs added Dhs21.3b to UAE’s markets’ capitalisation in 2024

    17 Jun 2024

    The local stock markets attracted a new market capitalisation of nearly Dhs21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, in line...

    India’s retail inflation in May eases slightly to 4.75 per cent

    India’s retail inflation in May eases slightly to 4.75 per cent

    17 Jun 2024

    India’s retail inflation rate eased slightly in May, partly helped by fall in fuel prices although food prices remained elevated, government data showed on Wednesday. Annual retail inflation in May...

    Nikkei dips below key 38,000 mark

    Nikkei dips below key 38,000 mark

    17 Jun 2024

    Japan’s Nikkei share average dropped below the psychologically key 38,000 level for the first time this month on Monday, as a risk-off mood prevailed amid concerns about economic growth both...

    Gold is on track for first weekly gain in four on rate cut hopes

    Gold is on track for first weekly gain in four on rate cut hopes

    14 Jun 2024

    Gold prices rose on Friday and on track for their first weekly gain in four after US economic data indicated a softening of price pressures, fuelling optimism that a rate...

    European stock markets, euro stumble over EU vote turmoil

    European stock markets, euro stumble over EU vote turmoil

    10 Jun 2024

    Europe’s stock markets and the euro slid Monday after far-right parties performed well in EU elections, prompting French President Emmanuel Macron to call a snap parliamentary poll and plunging the...

    Inflation, Fed meeting to give clues for US market direction

    Inflation, Fed meeting to give clues for US market direction

    09 Jun 2024

    Investors will closely watch next week’s inflation numbers and Federal Reserve meeting for clues on whether the soft landing hopes that drove stocks to record highs are still justified. This...

    India’s real estate sector set to touch $1.5 trillion by 2034

    India’s real estate sector set to touch $1.5 trillion by 2034

    08 Jun 2024

    V Nagarajan India’s real estate sector has forward and backward linkages with approximately 250 ancillary industries. It is one of the highest employment generators after the agriculture sector, accounting...

    ADSS joins ADX as 33rd market member

    ADSS joins ADX as 33rd market member

    04 Jun 2024

    ADSS, the Abu Dhabi-based financial services firm, has become Abu Dhabi Securities Exchange (ADX) trading member and offers access to locally listed equities. ADSS offers its clients the ability to...

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