Tuesday , 16 December 2025

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China’s high-stakes bid to boost stocks risks stoking bubble

Bloomberg Beijing is walking a tightrope between reviving its downbeat equity market and engineering another bubble. China’s securities regulator has started to remove many of the curbs designed to keep out speculators, signaling an end to the highly restrictive era that started when a boom in the country’s stocks turned to bust in 2015. The result has been an intensifying …

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Sharjah realty deals hit $6.13bn in 2018

SHARJAH / WAM The real estate sector in the Emirate of Sharjah has seen a big boom with 54,125 transactions valued at AED22.5 billion ($6.13 billion) in 2018, as per the annual realty transactions report revealed by the Sharjah Real Estate Registration Directorate. The real estate deals sealed last year covered over 52 million square feet, while the mortgages transactions …

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UAE-Slovakia deal to advance ICT cooperation

Dubai / WAM Richard Rasi, Deputy Prime Minister of the Slovak Republic for Investment and Information, shared prospects for cooperation between his country and the UAE during his participation in WGS. “We have more than 150 Slovak companies operating in the UAE and we are looking forward to further cementing our collaboration”, Rasi said.

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Stocks rise, bonds slip on shutdown, trade hopes

Bloomberg Stocks across Europe and Asia advanced and US futures rose after news emerged of a tentative deal among American lawmakers to avert another government shutdown. Treasury yields climbed. Carmakers led the advance in the Stoxx Europe 600 Index, while contracts on the Dow, Nasdaq and S&P 500 all pointed to a firmer open. The dollar held on to most …

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Traders with $515bn boycott stocks for cash

Bloomberg Investors with $515 billion surveyed by Bank of America Merrill Lynch aren’t convinced by the new-year equity rally and prefer cash to stocks. Global equity allocations in February fell to the lowest level since September 2016, according to BofA, even as the MSCI All Country World Index is up almost 8 percent in 2019. That indicates a deep lack …

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Plus500 dips after revealing dependence on bad bets

Bloomberg Plus500 Ltd., sponsor of Spanish soccer team Atletico Madrid, plunged after the broker revealed how much it has cushioned the blow of new rules with profits from customers’ bad wagers. It also warned 2019 earnings will take a hit. The London-traded company recorded a $56 million trading gain by taking the other side of clients’ bets during the fourth …

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Deutsche funding costs show struggle to end vicious circle

Bloomberg Deutsche Bank AG is paying some of the highest rates among large banks to raise debt this year, highlighting a key obstacle in the lender’s turnaround effort. Germany’s biggest bank this week sold $1.25 billion of three-year dollar bonds that pay 255 basis points over benchmark interest rates, according to a person familiar with the matter who asked not …

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Barclays may shell out more money to shareholders

Bloomberg Barclays Plc may unveil plans to pay out more money to shareholders to fend off criticism of its investment-banking performance — and continued pressure from activist Edward Bramson. That’s a growing view among several analysts ahead of the London-based bank’s earnings report on February 21. Returning surplus capital could be part of a “cohesive strategy to improve returns,” said …

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UBS to cut Asia investment banking bonus pool by 8%

Bloomberg UBS Group AG reduced the 2018 bonus pool for its investment bankers in Asia by about 8 percent after a slump in equity offerings last quarter hurt fees, according to people familiar with the matter. Managing directors were the hardest hit, the people said, asking not to be identified because the information is confidential. More executive directors will get …

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SNB to stay at record low for longer

Bloomberg The world’s lowest interest rate will be around for longer than previously anticipated, with economists forecasting that a dovish shift for central banks around the world will also affect Switzerland. Citing a delay in European Central Bank tightening, Zuercher Kantonalbank’s David Marmet pushed back his expectations for a 25 basis point increase in the Swiss National Bank’s deposit rate …

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