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Saudi shares fall 5.2pc to 5-month lowSaudi shares drop about 5.2 per cent to a low of nearly five months, weighed by petrochemical and banking shares, after S&P downgraded the credit rating of the US. The US lost its top-tier AAA credit rating from Standard & Po More… |
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Gold hits record after Moody's warningGold prices hit record highs for a second day on Thursday after hints of further policy easing from the Federal Reserve and a Moody's warning the United States may lose its top-notch credit rating hurt the dollar and sparked buying of safe-hav More… |
