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Geopolitics weigh on region, UK sukuk ruling hits Dana Gas

Reuters Middle Eastern stock markets generally fell on Sunday, weighed down by geopolitics, while Dana Gas shares sank in Abu Dhabi because of a British High Court ruling on its Islamic bonds. In the last few weeks, geopolitics has become a significant factor for regional markets amid concern about instability in Lebanon and the possibility of strong Saudi action against ...

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Firms with stable earnings witness gains

Bloomberg Soapmaker and real-estate stocks have taken over a rally that used to be led by social networks and smartphone makers. Companies with stable earnings and dividends have shepherded gains in November, the first time this year that the two best-performing industries are defensive ones. So, while this looked like just another week in the bull market, it was actually ...

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China aims to rein in risks from asset-management products

Bloomberg China’s financial regulators proposed sweeping rules to curb risks in the country’s $15 trillion of asset-management products as leaders move to tighten supervision and break an implicit guarantee that’s driven investment into such vehicles. Financial institutions should offer yields based on the net asset value of the products they issue, to reflect the risks and return of the underlying ...

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