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Global markets sink on woes over inflation, supply chains

11 Apr 2022

Global stock markets and Wall Street futures sank on Monday after the Federal Reserve indicated it might raise interest rates more aggressively to cool US inflation as President Emmanuel Macron...

Dubai Financial Market Company posts net profit of Dhs103.8 million

01 Feb 2022

Dubai Financial Market (DFM) Company on Tuesday announced its consolidated results for the financial year ended 31 December 2021, posting a net profit of Dhs103.8 million compared to Dhs137.9 million...

ADX, FTSE Russell to create new indices

10 Jan 2022

The Abu Dhabi Securities Exchange (ADX) and FTSE Russell have partnered to develop co-branded indices, supporting the exchange’s recently launched derivatives market and bringing the exchange’s stock performance measures into...

Foreign investors back in Indian equities, infuse Rs3,695 crore

10 Jan 2022

After a continuous sell-off in the past three months or so, foreign portfolio investors (FPI) have turned net buyers in the first week of January in the Indian equity segment,...

India’s real GDP to grow at around 9.5 per cent in FY22

08 Jan 2022

India’s real GDP is expected to grow at around 9.5 per cent in 2021-22 on a year-on-year (YoY), an SBI Ecowrap report said on Saturday. The report comes a...

World stock markets stretch positive beginning to new year

04 Jan 2022

World shares extended on Tuesday their positive start to 2022 with markets from Europe to Asia shrugging off worries the Omicron coronavirus variant could choke the global economic recovery, while...

US economy poised for strong end as labour market tightening

17 Dec 2021

The number of Americans filing new claims for unemployment benefits increased moderately last week, keeping the trend at levels consistent with tightening labour market conditions. Other data on Thursday...

Bitcoin falls by a fifth of its value

04 Dec 2021

Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies. Bitcoin was...

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...

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