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Poor Q4 earnings hit UAE , Kuwait retreats in volatile trade

  Bloomberg Poor fourth-quarter earnings from two United Arab Emirates companies weighed on stock markets there on Thursday while Kuwait pulled back in another day of volatile trade. Dubai’s index fell 1.2 percent to 3,683 points, retreating from major technical resistance at 3,737-38 points, the peaks in January. Air Arabia slumped 8.6 percent in unusually heavy trade after it made ...

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Asian stocks fall as Japanese decline offsets Chinese rally

  Bloomberg Japanese equities slid ahead of Prime Minister Shinzo Abe’s Friday meeting with US President Donald Trump, offsetting a rally in Greater China shares to lead Asia stocks lower. “Japanese stocks are consolidating after the yen strengthened, while investors wait for more geopolitical catalysts,” said Nicholas Teo, a trading strategist at KGI Securities Pte. in Singapore. Japan’s Topix fell ...

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Crude gains lift US stocks, bond rally falters

  Bloomberg US stocks advanced as oil’s rise above $53 a barrel lifted energy producers before key reports from OPEC and the International Energy Agency. The dollar continued to churn in place, while Treasuries halted the longest rally in eight months. The S&P 500 Index edged within points of an all-time high, while equities in Europe rallied after solid results ...

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