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US stock rally fades after surge in Asia, Europe; Treasuries rise

Bloomberg A rebound in global stocks showed signs of fading in the US, with equities little changed after the best rally in two-and-a-half years. The S&P 500 Index fluctuated after European and Asian equities rallied to catch up with march 26’s surge in the US, spurred by speculation the world will avoid an all-out trade war. The dollar strengthened on ...

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Saudi market climbed to 31-month high

Reuters Saudi Arabia’s stock market climbed to a 31-month high on Tuesday, once again outperforming the rest of the region in anticipation of a positive decision by FTSE on Wednesday to include the kingdom in its secondary emerging markets index. The Saudi index rose 1.1 percent, bringing its gain so far this year to 9.9 percent. A positive decision by ...

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UAE, South Korea keen to boost economic, investment relations

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Tuesday received the President of South Korea, Moon Jae-in, and his accompanying delegation, currently on an official visit to the country. Sheikh Mohammed bin Rashid welcomed the guest and expressed hope that the visit would result in ...

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