Wall Street hits 10-month lows over BrexitThe S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed. In the busiest trading v More… |
Falah Capital listed on New York Stock ExchangeFalah Capital, a US-based investment group, said its flagship Islamic exchange traded fund (ETF) certified for shariah compliance by Shariyah Review Bureau, has been listed on the New York Stock Exchange (NYSE). The More… |
Business Wire rings in 50th birthdayBusiness Wire, a leader in multiplatform press release distribution, is gearing up to celebrate its 50th anniversary on Sunday with events and celebrations continuing throughout the month in its 31 offices worldwide. Business Wire CEO More… |
NYSE, Nasdaq, LSE bid for top EU clearinghouseEuropean clearinghouse LCH.Clearnet confirmed on Saturday it has received a string of offers from exchange operators interested in pursuing some form of business tie-up but said talks were still at an early stage. On Friday a source told R More… |
Chinese firm CSR lists on DIFXNYSE-listed China Security & Surveillance Technology Inc (CSR) became the first Chinese company to list on the Dubai International Financial Exchange (DIFX). CSR, a leading provider of digital surveillance technology in China, lis More… |
Wall Street sinks as subprime troubles spreadStocks tumbled, with the Dow and S&P down nearly three per cent, after a French bank froze three funds that invested in US subprime mortgages, prompting central banks to take steps to calm investors. Evidence the US mortgage market cri More… |
DFM-listed brokers boost skillsDubai Financial Market (DFM), in co-operation with the Emirates Securities and Commodities Authority (ESCA), has held a forum for DFM-listed brokers. A senior delegation representing the US Securities and Exchange Commission (SEC) and the More… |