The Fed may cut interest rates
The Federal Reserve is slashing its benchmark interest rate on Wednesday for the third time this year to help sustain US economic expansion in the face of widespread trade tensions and slowing global growth. But […]
The Federal Reserve is slashing its benchmark interest rate on Wednesday for the third time this year to help sustain US economic expansion in the face of widespread trade tensions and slowing global growth. But […]
Markets in the Middle East and Central Asia could lose more because of their high sensitivity to global risks compared to other developing countries, according to a report by the International Monetary Fund (IMF), which […]
Global equity markets, especially in Asia and Europe, will open upward on Monday after China and the United States are close to finalizing a deal. The performance of US stock markets improved after the announcement […]
Amazon’s founder is close to losing his place as the world’s richest man to Microsoft founder Bill Gates. This comes as Amazon shares fell late on Thursday. Shares in the world’s largest retailer fell 8.1 […]
Shares of electric car-makers Tesla rose 20 percent late on Wednesday, after investors were pleasantly surprised in the company’s quarterly earnings report. Major projects delivered ahead of schedule also contributed significantly to the company’s positive […]
US equity contracts were little changed on Wednesday as investors digested earnings reports from Caterpillar and Boeing. The Dow Jones Industrial Average fell only two points, but hinted that it might gain about 15 points. […]
US President Donald Trump said China has signaled that negotiations on the initial trade deal are progressing, raising expectations that world leaders could sign an agreement at a meeting next month in Chile. “They have […]
Shares in Saudi Arabia rose sharply on Sunday, lifted by cheaper valuations and delays in Aramco’s IPO. Shares of financial institutions have mostly suffered in major Gulf markets. The Saudi market rose 2 per cent […]
Aldar Investment Properties, an extremely famous subsidiary of Aldar Properties, has announced the successful subscription of $500 million UD denominated sukuk for US $500 million. The sukuk carries a coupon rate of 3.875 per cent, […]
With the losses of the S&P 500, which is suffering a recession for the first time since 2017, there are names of big companies worthy of blame. The financial results for the second quarter of […]
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