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Equity markets across the world tumbled on Tuesday as a fierce global selloff erupted on fears over spiking inflation, dealers said. London stocks dived 3.0 per cent, Frankfurt slumped 2.5...
China extended its impressive trade performance in April, with exports unexpectedly accelerating and import growth hitting a decade high, in a boost to the world’s second-largest economy. A brisk US...
The number of Americans filing new claims for unemployment benefits fell below 500,000 last week for the first since the COVID-19 pandemic started more than a year ago, signaling the...
European and US equity markets took a step lower on Tuesday on valuation concerns and worries about renewed US-China trade tensions. Meanwhile oil prices rallied on the prospect of...
Eleven UAE national banks have reported circa Dhs7.74 billion net profit in first quarter of 2021, a growth of 9.6 per cent over the same period last year. According to...
With China, Japan and Britain closed for public holidays, volumes were thin. The Euro STOXX index rose 0.71%, while the German DAX gained 0.61% and France’s CAC 40 0.5%....
The US economic growth accelerated in the first quarter, fueled by massive government aid to households and businesses, charting the course for what is expected to be the strongest...
Gulf Today Report European stocks rose on Thursday after a report of upbeat earnings and the US Federal Reserve’s monetary policy pledge. The pan-European STOXX 600 index rose...
Oil prices rose on Tuesday as Opec+ sources said the producer group would stick to existing plans to boost oil output slightly from May 1, suggesting they do not...
Gulf Today Report Asian stock markets dropped on Tuesday as investors await the outcome of this week’s Federal Reserve meeting. Shanghai, Tokyo, Hong Kong and South Korea declined. ...
