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Mozambique unrest turns key highway into ‘ghost road’

Maputo / AFP Mozambique’s arterial north-south highway has earned the moniker of a “ghost road” with former rebels staging regular raids ahead of a threatened power grab in the country’s centre this month. “We registered eight attacks by Renamo gunmen last week, which caused a total of three deaths—including a three-year-old—and 23 injured,” police spokesman Inacio Dina told a news ...

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Dollar falls as commodities, emerging markets jump

BLOOMBERG The dollar sank to a five-month low, commodities gained with emerging markets, and government bonds advanced as central banks from the U.S. to Norway indicated a willingness to keep monetary policy accommodative. Developed-market stocks sank on concern that the stimulus is failing to boost growth and corporate earnings. The Bloomberg Dollar Spot Index fell a second day after the ...

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Emirates Securities Market Report up by 2.02 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 2.02% to close at 4533.55 points. Accordingly the Market Capitalization has gained AED 14.58 billion attaining AED 735.4 billion. A total of 0.9 Billion Shares were traded with a total value of AED 1.87 billion during the trading session of 17-03-2016 through 11470 transactions. The number of companies which ...

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