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Stocks markets, oil plummet as new virus variant sparks panic

26 Nov 2021

Stock markets and oil prices plunged on Friday over fears of a new coronavirus variant that scientists warn could be more infectious than Delta and more resistant to vaccines,...

Indian GDP to shrink if temperature rises

12 Oct 2021

A new study has found that India’s gross domestic product (GDP) could shrink by three per cent a year if climate change leads to rise in temperature by one degree...

Abu Dhabi launches Dhs5b IPO Fund to strengthen ADX position

12 Oct 2021

Under the directives of the Supreme Council for Financial and Economic Affairs, Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, Chairman of the...

Global stock markets stumble on inflation and growth worries

10 Sep 2021

US and European stocks mostly fell on Friday as inflation and growth fears pulled the rug out from under a rally driven by hopes of an easing in tensions between...

US jobless claims near 18-month low

09 Sep 2021

The number of Americans filing new claiams for jobless benefits fell last week to the lowest level in nearly 18 months, offering more evidence that job growth was being hindered...

UAE bourses waive minimum commission fee on trading

31 Aug 2021

Staff Reporter, Gulf Today The UAE bourses on Tuesday announced major initiatives to attract and boost liquidity and investment opportunities. The Abu Dhabi Securities Exchange (ADX) and Dubai Financial...

DFM extends daily trading hours

28 Aug 2021

Dubai Financial Market (DFM) on Saturday announced the extension of its trading hours from four hours to five hours daily as of 3 October 2021 in line with directions of...

Global markets tap the brakes as China troubles strike again

26 Aug 2021

World shares tapped the brakes on Thursday as China troubles struck again, while Europe’s bond markets steadied after confident-sounding ECB policymakers had caused their sharpest selloff in six months....

Global stock markets likely to be more turbulent in months ahead

22 Aug 2021

Investors are preparing for a rockier ride ahead for markets, as worries over slowing growth, a looming rollback of the Federal Reserve’s easy money policies and a global COVID-19...

Global shares slip on Chinese economy, Afghanistan turmoil

16 Aug 2021

A surprisingly sharp slowdown in Chinese economic activity and a rapid Taliban takeover in Afghanistan helped drive global shares lower on Monday. All three major US indices opened Monday...

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