All markets on a knife-edge over BrexitIf Britons vote to take their country out of the European Union on June 23, no corner of the global financial market complex will emerge unscathed. The invisible thread that links assets as diverse as gold, bank stocks, the Japane More… |
Trader stress levels 'may worsen market crisis'Financial markets may be more vulnerable to traders' stress levels than previously thought, according to a scientific study which found that high levels of the stress hormone cortisol can induce risk aversion. The findings, wh More… |
Islamic banks pressed to diversify money market dealsRegulators, scholars and simple economics are pressing Islamic banks in the Gulf to diversify their money market transactions, a trend which could spur growth of the region's financial markets. Islamic money market assets have More… |
Australia ‘well positioned’ to handle turmoilAustralia is well positioned to handle a severe global financial market disruption and has ample room to cut its policy interest rate if world growth falters, the International Monetary Fund said on Saturday. The Australian central bank on More… |
UAE bank to highlight Islamic banking at forumAl Hilal Bank, a leading UAE-based Islamic bank, will discuss the current state of Arab and global Islamic banking at an upcoming financial markets forum in Abu Dhabi. Organised by the National Bank of Abu Dhabi (NBAD), the two-day Global More… |
Investors eye options on Egypt falloutMany options investors scrambled on Friday to hedge their risk on fear of further financial market fallout due to the unrest in Egypt. Risk perception changed sharply ahead of the weekend, partially in response to mass protests in the larg More… |
Shuaa issues 515m new shares to DBGShuaa Capital, the GCC's leading financial services institution, has requested the Dubai Financial Market to issue 515 million new shares to Dubai Banking Group (DBG), making DBG the biggest shareholder in Shuaa. This follows the agree More… |
Morocco financial market opening on trackTurbulence in the global banking system has not disrupted Morocco’s plan to integrate further into financial markets by opening capital accounts and adoptinga more flexible exchange rate, central bank officials said. The north Af More… |