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Social media offers them a new hope!

  Yangon / AFP Moshing and sweating, the crowd of headbangers scream their angst into the sultry Yangon night, a rare glimpse of a defiant musical subculture now crashing into the open remain off the song sheet. Half a century of repressive military rule virtually silenced Myanmar’s heavy metal scene and today its musicians are still shunned by most people ...

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Federal Reserve rate hike ups European markets

  London / AFP Europe’s stock markets advanced on Thursday and the dollar soared after the US Federal Reserve hiked interest rates as expected — and signalled three more rises next year. The news sent the dollar spiking to a near 14-year high against the euro, as the hawkish prospect of more rate increases cemented support for the greenback. Shortly ...

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Most ME markets fall after Fed rate hike; retail investors boost Saudi

  Reuters Most major Middle Eastern stock markets fell on Thursday after the US central bank raised interest rates but buying by local retail investors lifted Saudi Arabia. The central banks of Saudi Arabia, Kuwait, Bahrain, the United Arab Emirates and Qatar followed the Fed with their own 0.25 percentage point rate hikes and Oman, which has been raising its ...

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