Business | Markets
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Thursday May 23
Dubai slips but pares some losses
The UAE real estate-related stocks were among the main drags
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Thursday May 23
Angola to open bourse in 2016, secondary bond market end-2013
Bourse has been in pipeline for a decade
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Thursday May 23
Asian markets sell off on Bernanke remarks, China PMI
Nikkei plunges 7 per cent, 11th worst daily drop
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Wednesday May 22
Dollar, bond yields ease before Bernanke
Markets bets on ‘no-change’ signal from Fed chief
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Wednesday May 22
Gold still trading near two-year lows
Fed officials calm fears over end to bond buying
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Wednesday May 22
RTS Realtime to open data centre in Dubai
Newest hub in global trading network to offer co-location to DGCX
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Wednesday May 22
Brent dips towards $103 on US demand worries
Investors await Federal Reserve meeting minutes
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Monday May 20
UAE rally stalls; Arabtec slips after strike
UAE stocks fall after both Dubai and Abu Dhabi rallied to multi-year highs
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Monday May 20
Asian stocks up on signs of steady US recovery
Investors will have a slew of data to sift through this week, including US homes sales and durable goods orders
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Monday May 20
India internet search engine Just Dial launches IPO to raise up to $174m
Marking the biggest share offering so far in 2013 and one of the largest by an Indian Internet firm
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Sunday May 19
Dubai market index surges to four-year high
Investors lap up attractively valued real estate and banking stocks
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Saturday May 18
GM stock rises above $33 for first time in 2 years
Shares of all automakers traded in the US show double-digit gains
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Saturday May 18
Oil rises as dollar hits multi-year high
Brent crude settled up 86 cents at $104.64 a barrel
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Saturday May 18
Gold prices sink for seventh day, near April low
Gold for June delivery dropped 1.6 per cent
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Saturday May 18
Islamic finance forum offers mixed messages
Diverse gathering generates heat and light but exposes muddle of motivations
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Saturday May 18
Market surges as inflation cools
More rate cuts also point to further growth
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Friday May 17
China’s yuan closed up on Friday
Spot yuan closed at 6.1419 against the dollar, up an unusual 0.12 percent from 6.1492 at Thursday’s close
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Friday May 17
European shares down at 1,242.49
European shares edge back from 5-year highs
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Friday May 17
Dollar lifted by Fed official’s comments on QE
Gold fell for a seventh straight session on Friday, its longest losing streak in four years
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Thursday May 16
European shares dip but still near multi-year highs
Japanese growth spurt ‘proves Abenomics is working’
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Thursday May 16
DFM rises amid drop in volumes, ADX remains flat
UAE markets rise after trading in negative territory for most of the session
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Thursday May 16
Dollar rises, trades near highs versus euro, yen
Weak Eurozone inflation data adds to rate cut prospects
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Wednesday May 15
Gold falls to three-week low
Gold buying in India muted after new restrictions
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Wednesday May 15
DFM and ADX maintain upward trend
Strong performance being attributed to the flood of liquidity
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Wednesday May 15
DFM continues its upward trend
The momentum is solid as investors see an upside in the UAE markets, say an analyst
Business Editor's choice
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Ramadan food cost rise forbidden
Ministry of Economy to keep strict watch for consumer law violations
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Microsoft unveils Xbox One with Spielberg
Xbox One is Microsoft’s first new gaming console in eight years
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Mariner of the Seas in maiden call on Dubai
1,020-feet-long cruise ship en route to Singapore and China