Finance

Dubai Hopes To Work With HK On Virtual Assets Market

The head of the Dubai Department of Economy and Tourism, Hadi Badri, says his country is in discussions with Hong Kong a... Read more

US Markets Flat As Investors Mull Corporate Earnings

US stocks closed mostly flat on Wednesday following another day of mixed company results. The markets have been diges... Read more

HSBC Urges Shareholders To Vote Against Split

HSBC on Wednesday reached out to shareholders, urging them to vote down a proposal by its largest stakeholder, the Chine... Read more

More Rate Rises May Be 'appropriate': ECB Economist

More eurozone interest rate increases will be appropriate to tame high inflation if conditions remain as expected, the E... Read more

Nation Drafting Plans To Boost Recovery

The nation is formulating plans to boost the recovery and expansion of consumption, the state planner's spokesperson Men... Read more

US Stocks Flat After Mixed Bank Earnings

Wall Street stocks finished little changed on Tuesday following a flattish day of mixed bank earnings and good Chinese e... Read more

Volkswagen To Invest 1bn Euros In China EV Centre

German carmaker Volkswagen said on Tuesday it would invest one billion euros in a new development centre for electric ve... Read more

Divisions Deepen Among Shareholders Ahead Of HSBC AGM

HSBC's management has "fundamentally failed to address key business model challenges", the bank's biggest shareholder Pi... Read more

Mainland Economy Posts 4.5 Percent Q1 Growth

China’s gross domestic product grew 4.5 percent in the first quarter of the year, boosted by increased consumption and... Read more

US Markets Finish Higher, Despite Rate Hike Worries

US stocks closed mildly higher on Monday as investors digested another round of corporate earnings, while the dollar and... Read more

Sega Swoops On Owner Of Angry Birds

Japanese gaming group Sega has offered to buy the creator of the popular Angry Birds franchise, Finland's Rovio, in a de... Read more

Riyadh Transfers More Aramco Shares To Wealth Fund

Saudi Arabia has put a second four-percent chunk of shares of the Aramco energy giant, worth tens of billions of dollars... Read more

US Stocks End Lower On Weak Retail Data

Wall Street stocks finished lower on Friday as disappointing US retail sales data offset a lift from better-than-expecte... Read more

Top Fed Official Says More Monetary Tightening Needed

The US should continue tightening monetary policy to bring down inflation while assessing the impact of last month's fin... Read more

US Stocks Rally On Hopes Of Fed Rate Pause

Large tech shares led the market on Thursday, lifting US stocks to strong gains following better inflation data that add... Read more