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    Global stocks bask in Nvidia glow, dollar steady on US retail sales data

    Global stocks bask in Nvidia glow, dollar steady on US retail sales data

    19 Jun 2024

    Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker Nvidia the world’s most valuable company, while the dollar stalled...

    Value for money

    Value for money

    20 May 2024

    Value for money

    Gold eases as dollar ticks higher, Fed speaker on tap

    Gold eases as dollar ticks higher, Fed speaker on tap

    07 May 2024

    Gold prices slipped on Tuesday as the US dollar firmed, while investors awaited more comments from Federal Reserve officials for further clarity on the timeline for potential interest rate...

    Japan’s yen jumps against the dollar on suspected intervention

    Japan’s yen jumps against the dollar on suspected intervention

    29 Apr 2024

    The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to try to underpin a currency languishing at levels last seen over three...

    Dollar strength post inflation data pressures euro, yen at record low

    Dollar strength post inflation data pressures euro, yen at record low

    11 Apr 2024

    The dollar was around its highest since November against a basket of peers on Thursday, after hotter-than-expected US inflation data a day earlier squashed expectations of an interest rate cut...

    European stock markets hit new all-time highs, oil and gold gain

    European stock markets hit new all-time highs, oil and gold gain

    02 Apr 2024

    European stocks rose to a new all-time high on Tuesday and the dollar held firm, as traders reduced their expectations for US Federal Reserve rate cuts and waited for euro...

    Asian shares meander after S&P 500 sets another record

    Asian shares meander after S&P 500 sets another record

    28 Mar 2024

    Asian shares were mixed on Thursday after US stocks broke out of a three-day lull to close at a record. Oil prices advanced, while US futures edged lower. The dollar...

    Bank of Sharjah leads $750 million bond issuance

    Bank of Sharjah leads $750 million bond issuance

    03 Mar 2024

    Bank of Sharjah, one of the leading commercial banks in the UAE, has acted as a Joint Lead Manager and Bookrunner in the successful issuance of a $750 million 12-year...

    IMF board approves $700 million loan as part of Pakistan bailout

    IMF board approves $700 million loan as part of Pakistan bailout

    12 Jan 2024

    The International Monetary Fund’s (IMF) board has approved a roughly $700 million loan for Pakistan under a $3 billion bailout, the fund and the finance ministry said on Thursday. The...

    Risk rally stalls as bullish investors take a breather, dollar steadies

    Risk rally stalls as bullish investors take a breather, dollar steadies

    16 Nov 2023

    World stocks fell for the first time in five sessions, oil slipped and the dollar saw a slight lift on Thursday, as markets continued to acclimatize to falling borrowing costs...

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