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Dollar adds to rally, stocks slip as banks falter

  Bloomberg The dollar extended gains, while Treasuries retreated as bets increased that the Federal Reserve will raise rates in two weeks. US stocks fell from records as a torrid run in bank shares ended. Lenders led declines a day after reaching the highest level since 2007, while energy producers slipped with the price of crude. Data showing U.S. jobless ...

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Gradual tax plan boosts Egypt, ex-dividend shares hit Dubai

  DUBAI / Reuters Egypt’s stock market rose sharply on Thursday after the finance minister said he would propose only a gradual introduction of a stamp duty on transactions, while stocks going ex-dividend dragged down Dubai. The Egyptian index climbed 2.6 percent as blue chip Global Telecom jumped 7.6 percent. Amr al-Garhy told Reuters on Wednesday that he would propose ...

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N Korea: Heart attack, not nerve agent, killed Kim Jong Nam

  KUALA LUMPUR / AP A North Korean envoy rejected a Malaysian autopsy finding that VX nerve agent killed Kim Jong Nam, saying on Thursday the man probably died of a heart attack because he suffered from heart disease, diabetes and high blood pressure. Malaysia dismissed the claim. The death of Kim, the estranged half brother of North Korea’s ruler, ...

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