Thursday 30 June 2016
 
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Kuwait suspends trading in Agility shares

Shares in Kuwait's Agility were suspended on Wednesday until the company responded to what was published in news reports, the Kuwaiti bourse said in a statement without specifying the nature of the press articles. The largest

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Lufthansa shares fall as CFO makes surprise exit

Lufthansa shares fell as much as 4.2 per cent on Friday after the German airline announced the surprise departure of chief financial officer Simone Menne, said a report. Menne, who turns 56 in October, will resign effective August

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Zain Saudi jumps on loan refinancing

Bourses in the Gulf traded near flat in early trade on Sunday with shares Saudi Arabia's third largest telecom operator surging after securing a refinancing loan. Zain Saudi Arabia jumped 6.7 percent after the telecom operator

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Zain Saudi jumps on loan refinancing

Bourses in the Gulf traded near flat in early trade on Sunday with shares Saudi Arabia's third largest telecom operator surging after securing a refinancing loan. Zain Saudi Arabia jumped 6.7 percent after the telecom operator

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Mitsubishi Motors fails fuel economy test, shares tumble

Mitsubishi Motors Corp said its vehicles failed a fuel economy test, sending its shares down more than 15 per cent and wiping $1.2 billion from its market value on Wednesday. Japan's sixth-largest automaker by market value sai

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Asian shares drop as banks come under pressure

Asian shares extended losses to three-week lows, while the yen soared to a 17-month high against the dollar as investors bet Japan would be hard pressed to drive down its currency in the face of widespread foreign opposition. &nbs

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Asia shares led lower by Japan, dollar still groggy

Asian shares and the dollar both lost more ground on Friday as investors began the new quarter in a cautious mood, with glimmers of life in China's economy offset by a darkening mood in Japan.   Activity in C

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Ahli United approves 18pc cash dividend distribution

Ahli United Bank has approved the distribution of a cash dividend of 18 per cent (4.5 cents per share) together with bonus shares of five per cent for shareholders at its recently held Annual General Meeting and the Extraordinary General Meeti

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Asian shares erase losses, on track for weekly gain

Asian shares rose on Friday, on track for weekly gains, shrugging off global losses logged after the European Central Bank eased aggressively but suggested it was running out of room to cut interest rates even if other stimulus options remaine

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Asian shares set for best week in 5 months

Asian shares looked set on Friday to post their strongest week in five months as global investors returned to riskier assets after a string of positive US economic data and a bounce in oil and commodity prices.  

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