The Turkey turmoil triggered by a botched coup is weighing heavy on the psyche of the investors. They are alarmed. Worse, the spreading post-putsch purge of dissent is adding to the concerns of the businesses and companies. They are quite lost as what to do next. The lira has plummeted, equities have been dumped, the tourism sector is in a …

  Barry Ritholtz SPECIAL TO EMIRATES BUSINESS Amid all the hoopla and theater of the national political convention you might have missed a noteworthy report about the financial literacy of the average American adult. It’s worth taking a look during the weekend if you want a break from the presidential race, which seems like it begins again as soon as …

On August 1-2, Singapore Prime Minister Lee Hsien Loong will visit the United States as the two countries commemorate the 50th anniversary of their diplomatic relations. Lee’s visit will feature a rare state dinner in his honour hosted by President Barack Obama, making him just the fifth Asian leader to have been granted such a privilege in the Obama White …