Tuesday , 30 December 2025

Recent Posts

Mideast shares climb

Bloomberg Most Middle Eastern stock indexes rose as investors tracked full-year earnings and merger deals. Egypt’s main gauge advanced to its highest level since November. Global Telecom Holding added 10 percent after majority shareholder Veon Ltd. offered to support the company’s funding requirements and look at taking it private. Ahli United Bank shares in Bahrain and Kuwait rose after Kuwait …

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Philippine fund now looks for new horizon

Bloomberg A Philippine fund manager that made money amid the 2018 equity meltdown is now looking for new horizons. Michael Garcia, the CEO  and chief investment officer of MBG Capital Inc. in Manila, wants to apply his expertise of Philippine shares to Vietnam and Myanmar. While considered frontier markets, he says they offer investment themes similar to the ones he’s …

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Trump considers action to limit states’ powers to block pipelines

Bloomberg The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to three people familiar with the deliberations. The effort, possibly done through an executive order, is aimed chiefly at states in the Northeast US, where opposition to pipeline projects has helped prevent abundant shale gas in …

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