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Boursa Kuwait ends consultation for rulebookBoursa Kuwait has concluded a market-wide consultation for the draft of the rulebook in efforts to strengthen regulations in the market and advance the overall market performance. The extensive Boursa Kuwait Rulebook outlines mark More… |
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S&P 500 hits record high on global risk appetiteThe US benchmark S&P 500 stock index set a record intraday high on Monday as last week's strong monthly US jobs report worked its way into financial markets, and European shares rose as a single candidate emerged to succeed David Cameron More… |
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Equities gain as global economy fears easeUS and European shares rebounded from recent weakness on Friday, with reassuring US retail sales data boosting sentiment, while US crude prices rallied from more than 12-year lows. Banking shares in the United States and Europe sp More… |
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China lets yuan fall faster, sends markets reelingChina accelerated the devaluation of the yuan on Thursday, sending currencies across the region reeling and domestic stock markets tumbling, as investors feared the Asian giant was kicking off a virtual trade war against its competitors. More… |
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China stocks slump 7pc; trading halted for first timeChinese stock markets tumbled 7 percent in their opening session of 2016 on Monday as weak factory activity surveys and falls in the yuan added to concerns about the struggling economy, forcing exchanges to suspend trade for the first time. More… |
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Global markets brace for hit after Paris attacksGlobal stocks are set for a short-term sell-off on Monday after Islamist militants launched coordinated attacks across Paris that killed 129 people, but analysts said a prolonged economic impact or market reaction was unlikely. Pr More… |
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UAE markets edge down after Eid breakUnited Arab Emirates stock markets edged down in thin trade on Sunday as they reopened after a break for Eid Al-Adha, with no major corporate news to move shares and the global market environment slightly negative. The Dubai stock More… |
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Saudi, Egypt rise alongside global marketsStock markets in Saudi Arabia and Egypt rose in early trade on Thursday, tracking global bourses as oil prices, which had moved Middle Eastern equities earlier in the week, were relatively stable. The main Saudi equity index gaine More… |
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Oil extends losses on US factory dataOil prices fell around 2 per cent in early Asian trade on Wednesday, as a stronger than expected build in US crude oil stocks and weaker US manufacturing data fuelled a rout in prices that started in the previous session. Brent an More… |
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World shares sag as China jitters persistWorld shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilise its slowing economy or halt a stocks collapse that is wreaking havoc in global markets. Europe's main stock markets, More… |
