BLOOMBERG The markets asked, and European Central Bank President Mario Draghi delivered. The Stoxx Europe 600 Index surged and government bonds rose, while the euro slid as the ECB announced cuts to key interest rates and increased the scope of its bond-buying program. U.S. stock-index futures jumped. South Korea’s won rallied after policy makers refrained from lowering borrowing costs, New …

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -1.30% to close at 4509.80 points. Accordingly the Market Capitalization has lost AED 9.6 billion attaining AED 731.55 billion. A total of 0.92 Billion Shares were traded with a total value of AED 1.29 billion during the trading session of 10-03-2016 through 11283 transactions. The number of companies which …

FRANKFURT / Bloomberg The next target for the European Central Bank’s (ECB) expanding asset-purchase programme will be the region’s 900 billion-euro ($980 billion) corporate-bond market. The ECB will buy investment-grade euro-denominated bonds issued by non-bank corporations established in the euro area. Corporate bonds are the latest assets to be added to a growing list of securities, from government debt to …