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Trump impeachment move knocks stocks, Brexit rattles pound

25 Sep 2019

LONDON: World stocks fell to a two-week low and risk assets withered on Wednesday after US lawmakers called for an impeachment inquiry into President Donald Trump, raising the prospects...

Sensex shoots on tax incentives

20 Sep 2019

Sensex closed on Friday’s session with an unprecedented 5.32 per cent advance as Finance Minister Nirmala Sitharaman announced yet another big ticket announcement to kickstart the economy. Indian benchmark indices...

HK exchange vows to press on with $39b LSE bid

14 Sep 2019

Hong Kong’s exchange refused to give up on its bid to take over the London Stock Exchange after the British bourse emphatically rejected its $39 billion takeover offer on Friday....

Global markets welcome signs of progress in US-China trade talks

13 Sep 2019

World shares climbed to a six-week high alongside benchmark government bond yields on Friday, as markets cheered signs of progress in US-China trade talks and another powerful slug of stimulus...

Sensex ends 167 points lower, auto stocks resume slide in India

12 Sep 2019

Indian markets fell on Thursday ahead of the key macro data such as IIP (index of industrial production) numbers for July and retail inflation (CPI) print for August due later...

Hong Kong exchange shares fall as risks of LSE approach weigh

12 Sep 2019

Hong Kong stock exchange shares fell more than 3% on Thursday as investors raised concerns about the political and regulatory risks involved in its $39 billion approach to take over...

ADX and FAB to distribute cash dividend via electronic system

10 Sep 2019

Business Bureau, Gulf Today The Abu Dhabi Securities Exchange (ADX) has partnered with First Abu Dhabi Bank (FAB) to distribute cash dividends to its registered investors electronically through the bank’s...

Stock markets rise on Chinese stimulus; pound sterling gains

09 Sep 2019

Global stock markets mostly climbed on Monday after China unveiled fresh stimulus measures, while below-par US jobs data reinforced expectations the Federal Reserve would cut interest rates this month. London...

Equities rally, pound jumps on upbeat geopolitical news

04 Sep 2019

Stock indexes worldwide rebounded on Wednesday, and the euro and pound sterling bounced back as easing geopolitical concerns and upbeat economic data from China brought buyers back to the...

Tariff war deepens global uncertainty

01 Sep 2019

It is unfortunate that the US-China trade war has entered a new phase at a time when the global growth itself remains shaky. Indications that negotiations would resume some...

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