logo

News related to
prices

By Tetsushi Kajimoto | TOKYO TOKYO Japanese companies believe that neither U.S. President Donald Trump nor Japan Prime Minister Shinzo Abe want to see the yen weaken significantly, a Reuters poll showed, a development they worry could spark an unwelcome political backlash. The Reuters Corporate Survey, conducted Jan. 4-17, also found that Japanese firms want Abe to push Trump hard on trade issues, while nearly a third […]

By Carmel Crimmins and Pamela Barbaglia | DAVOS, Switzerland DAVOS, Switzerland U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump. But many Europeans still need convincing. At the annual gathering of the world’s political and business elites in the Swiss resort of Davos, U.S. financiers told investors and overseas’ rivals […]

Here are the market-related questions FT reporters will be examining this week, the first in which a Nato-ambivalent son of a New York property baron will command the world’s most powerful political office. Will the Trump-trades persist with the president in power? The post-election story in markets has largely been about what campaign promises turned into reality could do to a US economy already several years into […]

Energy ministers from OPEC and non-OPEC countries meeting in Vienna on Sunday have struck a positive note regarding their agreement to cut oil output as a committee set to monitor compliance with the deal meets for the first time. “I am satisfied, I am optimistic and, as I said, the markets are on their way to rebalance and it’s happening,” Saudi energy minister Khalid al-Falih said. Compliance […]

Dubai, 22nd January 2017 Propertyfinder Group, the UAE’s leading real estate search portal, expects unit handovers in Dubai this year to be significantly lower than developers’ official projections, which should help support prices. While that may not be welcome news for off-plan investors hoping to soon pick up their keys, a more protracted handover schedule is better for market stability and in the long term helps protect […]

By Rania El Gamal and Vladimir Soldatkin | VIENNA VIENNA A committee of OPEC and non-OPEC countries responsible for monitoring compliance with a global agreement to reduce oil output is set to meet for the first time in Vienna on Sunday. The committee is expected to discuss how to best monitor compliance with the deal reached late last year as well as what level of compliance would […]

Kuwait is well positioned to mitigate the impact of lower oil prices on the economy despite a deterioration in the country’s fiscal position, according to the International Monetary Fund. It said in a new report that Kuwait’s nonhydrocarbon growth has moderated from 5 percent in 2014 to about 3.25 percent last year as a result of the drop in oil prices. However, large financial buffers and low […]

Advertisements

By Nandita Bose and Siddharth Cavale | CHICAGO CHICAGO U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins. An analysis of two important indicators of retail profitability, gross margins and operating margins, shows retailers like Kohl’s Corp (KSS.N), JC Penney Co Inc (JCP.N), Macy’s Inc (M.N) and Target […]

By Catherine Ngai and Liz Hampton | HOUSTON HOUSTON Commodities trader and investor TrailStone Group has purchased Cargill Inc’s gas and power trading group, three sources familiar with the deal said this week. The move, first reported by Sparkspread, comes amid a reshuffling in the power and natural gas industry as private equity firms and hedge funds pour into the space, filling a void left by banks […]

While the year ahead could prove to be a bumpy one for global financial markets amid ongoing political and policy risks, there is reason for optimism over the outlook for stocks in the Middle East and North Africa (MENA) region. Compared to 2016, a number of structural tailwinds should give investors greater confidence in MENA’s fundamentals. The implementation of major fiscal and capital market reform throughout the […]

By Noel Randewich | SAN FRANCISCO SAN FRANCISCO U.S. President Donald Trump’s administration is only hours old, but already a small parade of S&P 500 companies’ chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits. In the days ahead of Friday’s inauguration, senior executives from Morgan Stanley (MS.N), Delta Air Lines (DAL.N) and other major U.S. corporations said the […]

In 2015, Malian businessman and former interim prime minister Cheick Modibo Diarra told Arabian Business: “When it comes to investment…Africa really is the last frontier. Be it agriculture, energy production, extraction of gold and diamonds, or oil and gas, we have a lot of opportunities and a young workforce that understands how business works.” He was speaking at a time when interest in Africa among Middle East […]

After years of excess supply the global aluminium market may be turning a corner, as China seeks to cut capacity and the incoming Donald Trump administration ratchets up trade threats against the world’s largest producer of the lightweight metal. A glut of aluminium in recent years has decimated the US aluminium industry, where smelters were forced to shut down as Chinese imports rose. Now, after tackling excess […]

Half a dozen Premier League clubs had watched Burns at Southend. And the practice of investing so much money in so much raw talent is hardly a recent development: Raheem Sterling was 15 when he joined Liverpool from Queens Park Rangers for £500,000 in 2010, and Jordon Ibe, then 16, made the same journey from Wycombe Wanderers two years later. What has changed, though, is not just […]

Global sukuk issuance fell short of market expectations last year, although it was higher than in 2015, according to a new report by S&P Global Ratings. The agency said it believes the sukuk market will remain subdued in 2017, since the issuance process is still quite complex. When oil prices started falling in 2014, several market observers predicted an issuance boom from 2015, arguing that governments in […]

Donald Trump’s November victory ignited the steepest rally from election day to inauguration for a first-term president since John F. Kennedy won the White House in 1960. The charts below tell the tale of the vigorous, and in many ways unexpected, reaction to the rise of the billionaire property developer to the pinnacle of American politics. The S&P 500 index, a broad measure of the performance of […]

By Diane Bartz and Stephen Nellis Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for “modem” chips that connect phones to wireless networks. The two […]

Soyabeans and soya meal extended their gains this week, as heavy rain in Argentina’s key growing areas deepened fears over a disruption to production. In the first two weeks of the year, parts of the soyabean growing areas have suffered six months worth of precipitation, ruining the fields which had been seeded. Farmers had until this week to replant, but sustained rainfall has meant that the fields […]

Friday 21:00 GMT Overview Financial markets gave a relatively muted response to Donald Trump’s inaugural speech as US president, with US stocks edging higher, Treasuries putting in mixed performances and the dollar easing back against its main rivals. Oil prices rose sharply amid hopes that producers would show compliance to a global deal to cut output. Gold initially struggled for traction but held above the $1,200 an […]

As Donald Trump moves into the White House, it would be hard to dream up a cabinet friendlier to fossil fuels. His nominees include Rex Tillerson, the former ExxonMobil chief tapped for secretary of state; Scott Pruitt, picked to run the environmental watchdog he fought as Oklahoma attorney-general; and Rick Perry, a former Texas governor set to head the energy department.  “Folks in the fossil fuel industry […]

Kabir Mulchandani is a hands-on developer. While he may not be laying bricks, the SKAI Holdings CEO forwent his air-conditioned office in Downtown Dubai for an often stinking hot construction site on the Palm Jumeirah for the two years that it took for his flagship $1.2 billion hotel to be built. It was only in November that he finally walked offsite when the Viceroy Dubai Palm Jumeirah […]

“Comeback is a good word, man,” noted the actor Mickey Rourke, after portraying a washed-up wrestler led to a career renaissance. Could 2017 be the year when stockpickers can say the same thing? The post-financial crisis environment has been unkind to active investing, especially in equities, with most portfolio managers unable to beat their benchmarks even before costs. That has accelerated the seismic investor shift towards cheap, […]

Bernie Dunn may have retired from the US Army but he remains on a mission in the Middle East. The Boeing regional president hit a bullseye on December 11 when his team secured an $8 billion deal with Iran Air in the airline’s first plane contract since 1979. The world’s largest aerospace manufacturer beat out its French rival, Airbus, by 11 days. Though Airbus then secured 20 […]

The new UAE fire and life safety code is expected to be released on January 22 – but it will not be retrospective. Considering that upgrading the code was made more urgent by the alarming string of fires in existing residential buildings and the realisation that more than 1,000 buildings in the UAE still have a form of external cladding that is at high risk of rapidly […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Changanassery family members found dead // Binance faces $3.75 billion withdrawal claim after reopening // Real Earning Unchanged In India With Low Quality Of Employment Growth // Supreme Court Must Apply ‘Basic Structure’ Doctrine To Election Commission Row // Binance schedules phased withdrawals following $6.3 billion theft // Crypto.com introduces regulated perpetual futures to US traders // Suspected China-linked hackers penetrate US government-affiliated network // Uralungal contracts on Vigilance radar // MR ROBOT malware network targets bank customers across India // SIT throws out Veena assault // Probe into judge’s conduct // Japan strengthens cyber defences after widespread data breaches // Democrats Still Maintaining Edge Over Republicans Two Days Before Polling // High Court invalidates Vizhinjam coastal erosion panel // Altman holds Samsung talks on AI and chips // Singapore-Based OPH Health Founder Leona Tong Selected for the 2026 Forbes China 100 Most Influential Chinese Selection // Federal court rejects Trump’s Epstein letter defamation lawsuit // Cong activists storm police station // BYD prioritises GCC expansion with new investment plans // FIR against PSC chairman, members //