Asian shares rose in early trade on Wednesday after Wall Street reversed a three-day losing streak, but Japanese stocks dropped sharply after the yen surged on fading hopes of near-term stimulus from the Bank…
Buyout firm GrowthGate Capital plans to take freight-forwarding company Able Logistics Group public in Dubai around the end of this year,…
BlackRock Inc.’s Sam Vecht says investors are following the herd in selling emerging markets to invest in the most-developed economies, a…
The BSE Sensex and Nifty hit a record high on Tuesday as continued strong buying by foreign investors boosted blue chips,…
Asian shares cautiously rebounded from two-week lows on Thursday but gains were pared after disappointing retail sales and factory output data…
Singapore’s shrinking brokerage industry is set to get even smaller as trading restrictions planned by regulators dent profits, according to a…
Goldman Sachs Group Inc., which generated one-third of its profit from trading last year, is restarting Middle East and North Africa…
Dubai’s benchmark led a retreat among Persian Gulf stock indexes, tracking a decline in emerging markets after Russia’s intervention in Crimea…
India’s best-performing equity fund in the past five years is buying consumer companies, lured by revenue growth more than three times…
Du, the United Arab Emirates’ second biggest telecoms operator, expects further growth in the business due to a buoyant local economy,…
Global stocks erased their losses for the year as growing confidence in the U.S. economy and a rally in emerging markets…
Dubai property developer Deyaar said on Sunday that it planned to allow foreigners to begin investing in its shares and hold…
|By Arjuna Mahendran|The GCC stock and bond markets remain a safe haven to investors, underpinned by solid fundamentals. The Expo 2020,…
Asian stocks dropped after the regional benchmark index climbed for a sixth day yesterday to cap its longest run of advances…
Asian stocks climbed, Australia’s dollar strengthened to its highest in a month and commodities rallied after Chinese trade data exceeded estimates.…
Dubai’s bourse rose further on Tuesday after a choppy session as it tried to break free of the 4,000-point psychological resistance…
A subsidiary of Dubai-based contractor Drake and Scull has won a 375 million dirham ($102.10 million) contract from local developer Nakheel…
Most Asian markets made guarded gains on Monday, encouraged that Wall Street was able to weather a seemingly disappointing U.S. jobs…
Dubai’s biggest equities brokerage plans to expand into Germany by July to tap growing investor appetite for UAE equities, its chief…
Asian shares regained a measure of stability on Friday, stepping further away from five-month lows after a strong rally on Wall…
European stocks rose for a second day as investors awaited the European Central Bank’s rate decision and weighed company earnings. Asian shares…
Union Properties, a Dubai-based real estate developer, said on Monday that its net profit jumped more than eightfold to 1.58 billion…
Lenovo Group said on Wednesday it agreed to buy Google Inc’s Motorola handset division for $2.91 billion, in what is China’s…
Karl Slym, managing director of Tata Motors Ltd, died after falling from a hotel room in Bangkok in what police said…
Gold extended gains to a third session on Monday to hit its highest in a month after a surprisingly weak U.S.…
The Bloomberg Dollar Spot Index touched a four-month high as signs of improvement in the labor market support expectations the U.S.…
Shuaa Capital, the Dubai-based investment bank, said its chief executive officer Colin Macdonald will be leaving the group upon expiry of…
Shares in mid-sized drug makers extend a recent rally as dealers cite evidence of good buying by foreign institutional investors (FIIs).…