Lanxess makes it to Dow Jones indices for 8th timeSpecialty chemicals company Lanxess said it has once again made it to the Dow Jones Sustainability Indices this year. The composition of the Dow Jones Sustainability Indices is determined once a year based on financially relevant More… |
World stock markets up near record highGlobal equity markets traded higher on Monday, although they pared gains from levels close to an all-time high, as low interest rates bolstered sentiment even as US Treasury yields rose. Wall Street's benchmark S&P 500, wh More… |
Asian shares rise after Dow recordAsian shares extended gains on Wednesday as Wall Street's record close yesterday encouraged investors to take on more risk amid signs of a continuing US economic recovery and globally accommodative monetary conditions. More… |
Futures slide as euro debt yields eyedUS stock index futures fell on Wednesday as Europe's debt crisis continued to worry investors and closely watched Italian bond yields rose again. S&P 500 futures fell 12.1 points and were below fair value, a formula that evaluates pric More… |
Economic woes hit markets worldwideWorld stocks ended lower yesterday as investors piled into safe havens on worries about sovereign debt crises on both sides of the Atlantic and after data showed meagre growth in the US economy. The Swiss franc, a traditional safe-haven cu More… |
Sedco sets up $2.9bn wealth management firmSaudi-based Sedco Holding has announced the launch of a wealth management company based in Jeddah with a strategic asset portfolio of SR11 billion ($2.9 billion). Sedco Capital offers asset management, advisory, corporate finance and custo More… |
Dow, S&P 500 bounce back, boosted by GEThe Dow and S&P 500 rose on Friday as General Electric Co's earnings put a positive tone on the economic recovery. The Dow Jones industrial average gained 49.04 points, or 0.41 percent, to end unofficially at 11,871.84. S&P 500 More… |
Dubai group to manage Dow Jones FactivaDow Jones has signed an exclusive agreement with Media Intelligence, a subsidiary of Dubai-based news management firm News Group International, for the management and marketing of Dow Jones Factiva in the Mena region. Fractiva is a leading More… |
US at loss on market plunge, wants new rulesRegulators still have not been able to pinpoint the cause of the market's recent plunge, but charged ahead with new rules to restrict trading when markets are in free-fall. Nearly two weeks after the Dow Jones industrial average dropped so More… |
World stocks start 2010 rising to 15-month highsWorld stocks kicked off the new year hitting a 15-month high on optimism the global economic recovery is underway, while the US dollar slid on profit taking ahead of a US jobs report this week. The weak dollar pushed energy and commodity p More… |