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World stocks clung to recent gains on Monday following healthy advances in Asia on hopes for a US-China trade deal, a more optimistic growth outlook and a softer dollar, while the euro climbed to a 4-1/2 month high.
Oil gained on Wednesday ahead of an expected extension to production curbs by Opec and its allies, with further support from industry data showing a larger
The board of telecom major Bharti Airtel on Wednesday approved a plan to raise $3 billion via Qualified Institution Placements (QIPs), stake sale, as well as by debt,
World stocks sank on Monday as the spreading Delta virus variant fuelled fears it could undermine the economic recovery, while oil prices tanked after leading producers finally agreed to hike output.
Japan’s government will issue an extra 2.2 trillion yen ($20.25 billion) of deficit-financing bonds to make up for a tax revenue shortfall, Finance Minister Taro Aso said, after the cabinet approved on Friday a supplementary budget for the fiscal year to March.
Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there.
Japan is preparing an economic stimulus package worth $120 billion to support fragile growth, two government officials with direct knowledge of the matter said on Tuesday.
World stocks stalled near record highs and currency markets were little changed on Monday as trading dwindled before the Christmas holiday and investors took profit on gains made this month.
Wall Street’s main indexes fell sharply on Thursday as the spread of the COVID-19 Delta variant cast doubts over an economic recovery, while a rout in Chinese tech stocks appeared to have spilled across markets.
Total volumes on the Dubai Gold and Commodities Exchange (DGCX) this year stood at over 21.85 million contracts at the end of November, valued at more than $400 billion.
